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Showing 1 - 7 of 7 results for "Statement of Monetary Policy"

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... the resources..." Speaking of which, these are the same parameters and predictions printed in the Statement of Monetary Policy (SoMP) and Governor Lowe's statement in November; the time when I pointed out that the fine print in the SoMP's forecast ...

Australian dollar poses problem for RBA

BENJAMIN ONG  |  MONDAY, 7 AUG 2017
... of the forecast period." This was the Reserve Bank of Australia's (RBA) opening paragraph in its 'Statement of Monetary Policy' report for August 2017. The overall tone of the report was bullish and one that's already painted by RBA governor Philip Lowe's ...

Jump goes the Aussie

BENJAMIN ONG  |  WEDNESDAY, 19 JUL 2017
... optimism over the international and domestic economy, it told us so - in black and white - in its 4 July Statement of Monetary Policy. But the minutes of that meeting indicate that it was more optimistic than the optimism it relayed in the short statement. ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... statement released three days later (5 May), showed that Lowe might be understating his optimism. The Statement of Monetary Policy (SoMP) for May showed that while the RBA kept its FY 2017/18 inflation forecast unchanged (at 1.5% - 2.5%) along with the ...

RBA envy

BENJAMIN ONG  |  MONDAY, 9 MAY 2016
... "shock" domestic inflation numbers for the March quarter. Not only this, the Australian central bank's Statement of Monetary Policy (SoMP) released at the end of the week sparked speculation for further easing sometime this year - perhaps, as early as ...

Financial services to be a greater part of "economic narrative"

ALEX BURKE  |  FRIDAY, 19 FEB 2016
... Australia over the coming five years." "This services jobs growth is being felt already, with the last Statement of Monetary Policy highlighting a substantial uptick in both household and business services employment over 2015 while goods-related employment ...

Backpedals

BENJAMIN ONG  |  MONDAY, 9 MAY 2011
... Glen Stevens' statement. But by Friday of the same week, the RBA changed it tuned. In its quarterly Statement of Monetary Policy (SoMP), Australia's central bank noted that, "underlying inflation is expected to be in the top part of the target band over ...
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