RBA Leaves MonPol Settings unchanged; Announces QE Extension

By Sophia Rodrigues

The Reserve Bank of Australia left its key monetary policy settings unchanged on Tuesday but surprised with earlier-than-expected announcement of an extension to the Quantitative Easing program.

Following th...

RBA: Economy Would Require Substantial Policy Support For Conside...

RBA: TO KEEP SIZE OF BOND PURCHASE PROGRAM UNDER REVIEW
--MONITOR QE IMPACT ON ECON, MKT FUNCTIONING AT FUTURE MEETINGS
--PREPARED TO DO MORE IF NECESSARY
--TIMELY, WIDE VACCINE AVAILABILITY WLD REDUCE DNSIDE RISK TO MEDIUM-TE...

RBA Debelle: Monitoring QE Impact on Mkt; Prepared To Adjust Prog...

--RBA CAREFULLY MONITORING IMPACT OF BOND-BUYING ON MARKET
--ALERT TO SIGN OF MKT DYSFUNCTION, PREPARED TO ADJUST PROGRAM IF NEEDED
--VACCINES NEWS TO BOLSTER CONFIDENCE BUT RECOVERY WILL BE UNEVEN
--FALL IN YLDS ACROSS CURVE...

RBA: LOWERING SHORT-TERM RATES WOULD ALSO LOWER LONG-END RATES

RBA: LOWERING SHORT-TERM RATES WOULD ALSO LOWER LONG-END RATES
RBA: SAW PACKAGE OF MEASURES AS DESIRABLE DUE TO COMPLEMENTARY NATURE
RBA: DEBATED WHETHER TO EASE OR WAIT FOR MORE INFORMATION
RBA: HIGH JOBLESS, SUBDUED INFLA F&...

RBA Asst Governor Kent: Cash Rate Could Become Widely Used Benchm...

By Sophia Rodrigues

Australia’s cash rate could become a widely used benchmark for some products if there’s a global shift towards referencing risk-free rates, Reserve Bank of Australia’s assistant governor Christopher...

RBA Lowe: AUD Would Be Higher If Australia’s Interest Rate Higher...

By Sophia Rodrigues

(Updated with comments from Q&A)

--AUD Would Be Higher If Australia’s Interest Rate Higher Than Others
--MonPol Now Also About Quantity Of Money, So RBA Doing QE
--QE Impacts Long-Ter...