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Showing 1 - 10 of 96 results for "Statement on Monetary Policy"

Inflation to peak in mid-2026 before it rebalances: RBA

RIDDHIMA TALWANI  |  TUESDAY, 24 FEB 2026
... 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 sector-specific pressures, which it expects will ease ...

RBA gives bleak economic outlook

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
... its economic outlook, showing a higher unemployment rate and slowing GDP growth over 2026. In its Statement on Monetary Policy (SoMP), the central bank expects GDP growth to pick up slightly in the near-term before declining to just 1.6% through to June ...

RBA delivers 'hawkish hold'

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... suggest that inflation in the September quarter may be higher than expected at the time of the August Statement on Monetary Policy," the RBA said. Betashares chief economist David Bassanese said the decision could be considered a 'hawkish hold' ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... placed significant weight on the downside risks to consumption," the RBA minutes said. Allen said the Statement on Monetary Policy noted that a judgement had been used to lower household consumption compared to what the models suggested, based on household ...

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 ...
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