RESERVE-BANK-OF-AUSTRALIA
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...
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 AMAnalysis: 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 AMRBA cuts cash rate 25bps to a record low 0.75%
By Sophia Rodrigues
Key points from cash rate statement:
1. Forward-looking indicators of labour demand indicate that employment growth is likely to slow from its recent fast rate.
2. Economy still has spare cap...
RBA Cuts Cash Rate as Expected, Next Cut Likely August
By Sophia Rodrigues
The Reserve Bank of Australia cut the cash rate to a new record low of 1.25% and left the door open for further easing as it seeks to reduce the spare capacity in the economy to help achieve the inflation target.
... RESERVE-BANK-OF-AUSTRALIA, 04 Jun 2019, 07:14 AM