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Showing 1 - 10 of 92 results for "Statement on Monetary Policy"

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... will also hold a media conference after each board meeting to explain the decision. The quarterly Statement on Monetary Policy will be published simultaneously with the outcome of the board meeting, in February, May, August, and November. This has been ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... been reached and therefore more hikes are unlikely. "As long the economic data in this month's Statement on Monetary Policy is in line with their forecasts or a little bit weaker, the Reserve Bank shouldn't be tightening policy any further," ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
It's only been only two weeks since the Reserve Bank of Australia (RBA) provided a more optimistic assessment of and outlook for the domestic labour market. In its February 2021 'Statement on Monetary Policy' (SoMP), the RBA declared that ...

Chief economist update: No cheers as RBA hits inflation target

BENJAMIN ONG  |  THURSDAY, 30 APR 2020
... temporary, underscored by the revision in its June 2020 headline CPI forecast to 1.6% (February 2020 Statement on Monetary Policy) from 1.9% (November 2019 SoMP). Then COVID-19 this way came... igniting panic-buying (towards the end of the first quarter). ...

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... domestic growth have shifted to the downside. The modal forecasts contained in the RBA's most recent Statement on Monetary Policy are now threatened." "Second, Fed officials are now actively talking about the possibility of policy support. Third, global ...

Chief economist update: Turn the beat around

BENJAMIN ONG  |  THURSDAY, 30 JAN 2020
... to cut the cash rate at its next meeting in February." Recall that in its latest (November 2019) Statement on Monetary Policy (SoMP), the RBA expects headline inflation at 1.9% at the end of December 2019; 1.8% at end-2020; and 1.9% by the last quarter ...

Chief economist update: Bushfires singe growth, surplus predictions

BENJAMIN ONG  |  WEDNESDAY, 15 JAN 2020
... These compare with the Reserve Bank of Australia's (RBA) GDP growth forecasts - published in its Statement on Monetary Policy (released in November 2019) - of 2.25% at the end of 2019; 2.75% in 2020; and, 3% in 2021. The second headline was from ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... growth and higher inflation. This is consistent with the RBA's forecasts in its November 'Statement on Monetary Policy" (SoMP) - GDP growth of 2.75% in 2020 and inflation of 1.75% (and of course, that footnote where it assumes another 25bps cut ...

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... starting to change my tune. Yes Virginia, I'm still scouring through the pages of the RBA's Statement on Monetary Policy released earlier this month and eureka and by George and by golly, there it was, in black and white... "Recent developments ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... past few days (before the jobs report) also provided early rate cut signals: November 8: The RBA Statement on Monetary Policy. The thing to note here is that the RBA's relatively optimistic projections come with a footnote - (a) the technical assumptions ...
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