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Showing 21 - 30 of 96 results for "Statement on Monetary Policy"

Wage freeze

BENJAMIN ONG  |  THURSDAY, 17 AUG 2017
... getting it, it's also getting the RBA further away towards achieving its inflation forecasts. In its 'Statement on Monetary Policy' (released early this month), the RBA predicted underlying inflation to "reach around 2% over the second half of 2017 and ...

Wages separate businesses from consumers

BENJAMIN ONG  |  THURSDAY, 10 AUG 2017
... negative. In simple terms, wages are growing by less than the increase in consumer prices. The RBA's 'Statement on Monetary Policy August 2017' report already touched on the dangers of this for the Australian economy: "Ongoing expectations for low real ...

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
... demand to pull consumer prices up. A dynamic not lost on the Australian central bank. In its August 'Statement on Monetary Policy', the RBA stated: "expectations for low real wage growth remain a key downside risk for household spending." Not only this ...

Australian dollar poses problem for RBA

BENJAMIN ONG  |  MONDAY, 7 AUG 2017
... evolving broadly as expected. The Bank's forecasts are little changed from those published in the May Statement on Monetary Policy. The economy is expected to grow at an annual rate of around 3% over the next couple of years, which is a bit higher than ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... market data had removed some of the downside risk in the Bank's forecast of wage growth." In its May 'Statement on Monetary Policy', the RBA said "Wage growth is expected to remain at around its current rate over the next year..." That current rate is ...

CPI says RBA no go on Melbourne Cup Day

BENJAMIN ONG  |  THURSDAY, 27 OCT 2016
... average of these two core inflation gauges (1.5%) is bang on the RBA's 2016 forecast in its August Statement on Monetary Policy (SoMP). No one wants to be caught with their pants down swimming against the tide for the tide has turned after the CPI report. ...

More help wanted

BENJAMIN ONG  |  TUESDAY, 9 FEB 2016
... the Reserve Bank of Australia's (RBA) positive take on the domestic labour market. In its February Statement on Monetary Policy, the Australian central bank noted that, "A concentration of economic activity in labour-intensive service sectors, such as ...

Dear mom, all's good

BENJAMIN ONG  |  MONDAY, 11 MAY 2015
... thanking his mom that this month's Board meeting is followed by the publication of the quarterly Statement on Monetary Policy, enabling him to put back what he took away - the "forward guidance" that "The board will continue to assess the outlook and ...

Market Wrap AM

AAP  |  FRIDAY, 8 MAY 2015
... giant Alibaba soared on strong sales. Locally on Friday, the Reserve Bank of Australia releases its Statement on Monetary Policy. In equities news, Macquarie Group releases its full year results, and Alumina holds its annual general meeting. In Australia ...

Beauty in(foreign) beholders' eyes

BENJAMIN ONG  |  FRIDAY, 20 FEB 2015
Earlier this month, the Reserve Bank of Australia (RBA) released its Statement on Monetary Policy, detailing the reasons for the why and the wherefore it decided to cut the official cash rate by 25 basis points to a record low 2.25%. "...over recent ...