Tag Archives: RBA
RBA Hints Cash Rate May Not Fall Further From Here
The Reserve Bank of Australia provided one of the strongest hints that the cash rate may not go further down from here, saying it remains unclear if a shortfall in demand can be made up quickly through monetary policy action.
RBA Governor Stevens’ Testimony to Parliament: 7th March 2014
RBA Governor Stevens and other central bank officials appeared before the House Economics Committee today. The twoparts of this appearance are the Governor’s opening Statement and the subsequent Q&A session.
Daily FX Wrap and Strategy
The NZD is slightly stronger against the USD, helped by rebounding global risk appetite (see Majors), sitting at 0.8380 this morning.
RBA Keeps Rate Unchanged; Reverts To Exchange Rate Jawboning
The Reserve Bank of Australia left its cash rate unchanged on Tuesday as widely expected but is once again trying to jawbone the currency, saying it remains high by historical standards.
RBA Board leaves cash rate unchanged and seeks a period of “stability”
The RBA left the cash rate at 2½% at the March meeting, as was universally expected. The consistent message in recentRBA commentary is that the “prudent” course for monetary policy is for a period of stability.
RBA Credit – January 2014
Today’s credit data continues to show that the low interest rate environment is helping to lift housing-related borrowing.But annual growth in the other areas of lending,
Capex – QIV 2013 – Capital expenditure plans miss expectations
The headline data in today’s capex survey was disappointing, for both the QIV outcome and for the (more important)expectations component.
Inflation surprises & the RBA
Inflation surprised on the high side at the end of 2013. Underlying inflation was running at an annualised rate of 3% at yearend. Not surprisingly, the RBA has revised up its near-term inflation forecasts and
The benign collapse: AUD/USD to the mid 60s…
As a house DB expects the RBA to be on hold over 2014, 2015 and H1-2016. Inthe US we expect the Fed to start increasing the Fed Funds rate around mid2015.
G-20 Agrees On Monetary Policies ‘Calibration,’ Eye On Growth
The first G-20 meeting under Australian leadership managed to agree more than skeptics thought possible – the idea that developed economies will calibrate their monetary policies and
Daily FX Wrap and Strategy
The NZD was the weakest performing currency over thepast 24-hours, down 0.7% against the USD.The currency was fairly stable until the release of the RBAminutes yesterday afternoon (see Majors).