Search Results | Showing 1 - 10 of 95 results for "RBA Board" |
| | | ... So, there is a bit of an art to it." Bullock acknowledged while the data the bank relies on is backwards looking, the RBA board does what it can to use that data as a starting point to determine where the Australian economy is heading. "We know the data ... |
| | | | ... returns to balance. RBA head of economic analysis department Michael Plumb struck a slightly more positive tone than the RBA board gave off in the Statement on Monetary Policy. Plumb said the central bank believes inflation has been driven higher by ... |
| | | | ... Australia (RBA) delivered a 0.25% interest rate cut at the August meeting, bringing the official cash rate down to 3.6%. The RBA board noted that the easing in inflation alongside a softening in the labour market led to the decision to continue with ... |
| | | | ... hold at 3.85% at the July meeting, surprising many experts and the markets which were anticipating another cut. The RBA board confirmed that inflation has continued to moderate but ultimately decided the bank "could wait for a little more information" ... |
| | | | ... inflation relative to the current RBA projection, may mean that we do get successive policy rate reductions at future RBA board meetings despite the understandable unwillingness of the [RBA] governor [Michele Bullock] to pre-commit to such a path. "Australia's ... |
| | | | ... consideration of an interest rate cut in May, as US President Donald Trump's tariffs place risks on the global economy. The RBA board minutes from the April meeting acknowledged that the market was pricing in a number of rate cuts before the end ... |
| | | | ... cut by 50bps in May, followed by 25bps in July, August, November and February." Auld said a lot has changed since the RBA board met earlier this month with risks to both global and domestic growth shifting to the downside. "Against this backdrop, a restrictive ... |
| | | | ... and this would likely be amplified if the scope of tariffs widens, or other countries take retaliatory measures," the RBA board noted. "Geopolitical uncertainties are also pronounced. These developments are expected to have an adverse effect on global ... |
| | | | ... prospect of further policy easing, which could also be seen in the forecast for inflation based on the market path." The RBA board noted that while other countries - such as the US - had lowered interest rates several times, Australia's inflation had ... |
| | | | ... Sydney, Masters said that while the market is pricing in a rate cut and she believed it was likely one would come, the RBA board may not want to jump the gun. "Inflation hurts all Australians, and this is a point that [RBA governor Michele] Bullock has ... |
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