Key headlines from RBA statement Tuesday
By Sophia RodriguesPublished On 02 Feb 2021 , 02:35 PM
From the RBA's February Monetary Policy Decision statement:
--QE extension of A$100 billion after current program ends in mid-April; A$5 billion at week
--Not expecting conditions requiring rate rise to be met until 2024 at the earliest.
--Inflation, wage growth to pick up only slowly, remain below 2% next couple of years
--Exchange rate up, at upper end of range of recent years
--Central scenario is for jobless rate of 6% end of 2021
--Remains committed to maintaining highly supportive monetary conditions until its goals are achieved.
Australia Q3 net export to add 0.2%ppt to Q3 GDP
Australia net export to contribute 0.2 percentage point to Q3 GDP, data from ABS showed.
Terms of trade was st...
Australia consumer confidence off multi-year low but econ conditions view further down
Consumer confidence rose 1.2% in the week to Dec. 1 to 108.1, marking the first rise in four weeks but remained...Published on : 03 Dec 2019 , 10:04 AM
Australia ANZ job ads down in November; Trend firmly negative
Job ads fell for the second straight month in November, down 1.7% m/m after a 1.0% fall in October, data from ANZ sho...Published on : 02 Dec 2019 , 11:42 AM
Key points from Australia's private sector credit for October
Key points from Australia's private sector credit growth for October, published by the RBA Friday.
RBA may buy RMBS if dysfunction in mortgage market
Regarding purchase of Residential Mortgage-Backed Securitie (RMBS), RBA Governor Philip Lowe said last night that it...Published on : 27 Nov 2019 , 09:58 AM
RBNZ dismissing possibility of negative OCR?
The RBNZ appears to be dismissing the possibility of a negative official cash rate. In the Financial Stability Report...Published on : 27 Nov 2019 , 07:17 AM
Is that another first by the RBA?
The RBA is a rare central bank that doesn't follow anyone on twitter. And it never replies to anyone on twitter....Published on : 26 Nov 2019 , 12:10 PM
Live broadcast of RBA Lowe's speech is first of many
RBA will be broadcasting live "audio" of Governor Philip Lowe's speech later Tuesday. This is the first...Published on : 26 Nov 2019 , 01:10 AM
Australia consumer confidence falls to over 4-yr low
Australian consumer confidence fell 2.8% in the week to November 25, to the lowest level in over four years, data fro...Published on : 26 Nov 2019 , 10:04 AM
Westpac economists expect Australia house prices to rise 5% in 2020
Economists at Westpac expect Australia's house price upswing to continue in 2020, rising 5%, but with getting cap...Published on : 25 Nov 2019 , 11:55 AM