Insight: RBA Closely Watching Inflation Expectations, Dovish Bias...
By Sophia Rodrigues
The Reserve Bank of Australia left the cash rate on hold to assess the impact of recent cuts but is aware of several risks that could push them to lower the rate again.
The dovish bias signalled in the cash...
06 Nov 2019, 12:00 AMRBA Keeps Cash Rate Unchanged at 0.75%
By Sophia Rodrigues
RBA leaves cash rate unchanged at 0.75%. Statement is less dovish than I expected.
Key points from cash rate statement:
1. Expectations of further monetary easing (by number...
Analysis: Expect More Than Tweaks in RBA, Treasurer Statement
By Sophia Rodrigues
--RBA Remains Committed to 2% to 3% Inflation Target
After months of speculation, the Reserve Bank of Australia governor Philip Lowe and Treasurer Josh Frydenberg look set to announce a new Statement on Cond...
04 Nov 2019, 07:24 AMAnalysis: Risk of Low Inflation for Longer from RBA’s Flexible In...
By Sophia Rodrigues
Flexibility in meeting the inflation target is a good thing except that too much of anything, including flexibility, may be a bad thing. And that’s exactly what is happening with the Reserve Bank of Australia wh...
30 Oct 2019, 07:18 AMOpinion: Risk of RBA Policy Error from Distorted Money Market Sig...
By Sophia Rodrigues
Australia’s money market is currently placing too much weight on the Reserve Bank’s comments and not enough on assessing economic data. This is distorting the signals it is sending to the policymaker and u...
24 Oct 2019, 07:10 AMInsight: RBA Unlikely to Keep Powder Dry, Nov Cut Likely
By Sophia Rodrigues
The Reserve Bank of Australia doesn’t believe in the “keep the powder dry” argument with regards to monetary policy, and would therefore be prepared to lower the cash rate if its updated forecasts fo...
16 Oct 2019, 07:05 AM