RBA Maintains Policy Settings Despite Downgrading Outlook

By Sophia Rodrigues

The Reserve Bank of Australia left the cash rate target at 0.25% and other policy settings unchanged on Tuesday and downgraded growth outlook for next year, and inflation outlook, despite saying the downturn is not as...

Insight: RBA Would Lower Rate on ES Balances If Cash Rate Target...

By Sophia Rodrigues

The Reserve Bank of Australia is likely to lower the interest rate on Exchange Settlement balances from the current 10bps if it lowers the cash rate target to 0.10%.

Whether the new rate on ES balance will b...

Insight: RBA Open to Lowering 3-Yr Yield Target to 0.10%

By Sophia Rodrigues

For the first time since announcing the package of measures on March 19, the Reserve Bank of Australia has opened up the possibility of lowering the target on the three-year Australian government bond yield from 0.25%...

RBA Slightly Less Pessimistic About Local Econ But More Negative...

The Reserve Bank of Australia left its policy settings and key messages unchanged at the July board meeting but appeared more pessimistic about the global outlook than the month before.

Once again, the RBA steered clear of any comment on...

Analysis: What is RBA Standing Ready to Do, If It Needs to Do Mor...

By Sophia Rodrigues

The Reserve Bank of Australia deputy governor Guy Debelle gave a detailed speech on the central bank’s balance sheet on Tuesday but one line that really stood out was the last one.

“While much of...

Insight: RBA’s Automatic Stabilizer for MonPol Tightening When Ti...

By Sophia Rodrigues

The Reserve Bank of Australia recently guided the cash rate to 0.13% and expects it to remain around that level but there’s a reason why it has no plans to reduce the 0.25% target to closely reflect the actual l...