RBA Won't Give Up on Inflation Target

By Sophia Rodrigues

Published On 25 Jul 2019 , 11:15 AM

Few interesting stories 2day about RBA's inflation target. I am finding it hard to believe RBA will give up on the target or even suggest lowering it. I expect the key message to be about flexibility around it, and as "means to an end" Nothing new really or will there be?

LATEST SNIPPETS

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.
--...

Published on : 29 Nov 2019 , 12:00 AM
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
Moody's warns profits of big four Australian banks under pressure

Profitability of the big four Australian banks is under pressures from low interest rates amid weak credit growt...

Published on : 25 Nov 2019 , 03:35 PM