RBA August SOMP: Forecasts for Soft Landing Despite Excess Demand

(For subscription options, please email sophia@centralbankintel.com)

--Trimmed Mean/Headline CPI at 2.6% Dec 2026 but with lower cash rate profile
--Headline CPI profile 3.0% Dec 2024, 2.8% June 2025, 3.7% Dec 2025
--RBA up...

Reserve Bank of Australia's July Bulletin

(This note was first published on Thursday, July 18 at 11:35 AM as an email to subscribers and trialists)

The Reserve Bank of Australia published five articles in its quarterly Bulletin publication.

Of them, perhaps the more in...

RBA June Minutes: Key judgement is whether policy settings suffic...

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--Key judgement is whether policy settings sufficiently restrictive to return inflation to target
--Raising cash rate could be appropriate if pol...

RBA Deputy Governor Stops Short Of Declaring Australia an “Earthl...

By Sophia Rodrigues

(Sydney, June 27, 2024) – In his first speech since taking over as the Reserve Bank of Australia’s deputy governor, Andrew Hauser stopped short of declaring Australia “an earthly paradise” and...

RBA Kent: Extent Of Monetary Policy Restrictiveness “Unclear”

--With Regards to Interest Rates Path, Board Not Ruling Anything In or Out
--Cash Rate currently 1 percentage point above nominal neutral rate
--MonPol restrictive but extent unclear as neutral rate subject to considerable uncertaint...

RBA Keeps Cash Rate Unchanged But Remains Vigilant To Upside Risk...

By Sophia Rodrigues

(Sydney, June 18, 2024 ) -- The Reserve Bank of Australia left the cash rate target unchanged at 4.35% as widely expected and retained the guidance that it is not ruling anything in or out.

However, the tone...