RESERVE-BANK-OF-AUSTRALIA

Analysis: Jobs, Housing Sentiment May Give RBA Enough Reasons to...

By Sophia Rodrigues

Australia’s labor force report for December was an all-round positive one, and comes against the backdrop of improving housing market sentiment. This, together with a largely stable Australian dollar, could make...

RESERVE-BANK-OF-AUSTRALIA, 23 Jan 2020, 01:10 PM
RBA Keeps Cash Rate Unchanged on Lower AUD, Rising Asset Prices

By Sophia Rodrigues

The Reserve Bank of Australia left the official cash rate unchanged at 0.75% citing the stimulatory effect from the past three cuts on the economy via the lower exchange rate, asset prices and lower mortgage rates. It...

RESERVE-BANK-OF-AUSTRALIA, 03 Dec 2019, 02:59 PM
RBA Debelle: Need Tight Labor Market to Hit Inflation Target

By Sophia Rodrigues

Australia needs a sustained period of tight labor market to ensure inflation rises within the 2% to 3% target band on a sustainable basis, Reserve Bank of Australia deputy governor Guy Debelle said Tuesday.

...

RESERVE-BANK-OF-AUSTRALIA, 26 Nov 2019, 12:00 AM
RBA 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...

RESERVE-BANK-OF-AUSTRALIA, 05 Nov 2019, 07:30 AM
Insight: 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...

RESERVE-BANK-OF-AUSTRALIA, 16 Oct 2019, 07:05 AM
Analysis: Could RBA Prevent QE?

By Sophia Rodrigues

Could the Reserve Bank of Australia make a more clever use of forward guidance as an unconventional monetary policy tool (UMPT) to avoid using other forms of UMPT like quantitative easing?

In theory it could...

RESERVE-BANK-OF-AUSTRALIA, 10 Oct 2019, 07:03 AM