RESERVE-BANK-OF-AUSTRALIA

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...

RESERVE-BANK-OF-AUSTRALIA, 04 Aug 2020, 03:12 PM
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...

RESERVE-BANK-OF-AUSTRALIA, 07 Jul 2020, 03:02 PM
RBA Lowe Upgrades Key Labor Forecast, Says Downturn Not as Severe...

By Sophia Rodrigues

The Reserve Bank of Australia has upgraded its forecast for hours worked, now expecting total hours worked to fall around 10% in the first half of the year compared with its official forecast for a 20% fall.   RESERVE-BANK-OF-AUSTRALIA, 22 Jun 2020, 02:04 PM

RBA Steers Clear of Comments on China, Housing Mkt, AUD

By Sophia Rodrigues

The Reserve Bank of Australia left its policy settings unchanged and acknowledged that the depth of the downturn will be less than previously expected, but still pointed to uncertain outlook.

Importantly, th...

RESERVE-BANK-OF-AUSTRALIA, 02 Jun 2020, 03:03 PM
Insight: Odds of RBA’s Upside Scenario Rise As Morrison Signals F...

By Sophia Rodrigues

Australian Prime Minister Scott Morrison’s plans to ease restrictions in the economy may be earlier than what the Reserve Bank has assumed in its baseline forecasts, raising the odds for the economy to outperfor...

RESERVE-BANK-OF-AUSTRALIA, 08 May 2020, 06:04 PM
RBA Lowe Has No Objection to Buying Long-End Bonds But 3-10Yr Mos...

By Sophia Rodrigues

The Reserve Bank of Australia has no objection in principle to buying government bonds beyond the 10-year term but decided to focus on the 3-10y part of the curve because it was most effective in meeting its goals, Go...

RESERVE-BANK-OF-AUSTRALIA, 21 Apr 2020, 06:48 PM