a period of subdued demand growth and moderate employment growth over the coming year or two will bring about a better balance between supply and demand. at its Feb 2024 meeting, the RBA board decided to leave the cash rate target unchanged at 4.35% 经济当前运行情况 由于紧缩的货币政策,多个发...
The bank's members agreed that if consumption were to remain substantially weaker than its forecasts, and this was expected to significantly reduce inflation, then a cut in the cash rate target might be warranted,minutes of the bank's November 4-5 board meeting showed. "At the same time, m...
The Reserve Bank of Australia is set to release its policy statement at the end of its two-day meeting on Tuesday. Analysts expect the RBA to hold its official cash rate steady at 4.35%, with no expectations for a dovish pivot. While inflation for the fourth quarter of 2023 cooled to a...
and with unemployment near a record low the rba is still likely to prefer keeping interest rates higher for longer. all 44 economists in the nov. 28-dec. 5 reuters poll expected the rba to hold its official cash rate at 4.35% at the end of its two-day pol...
Economists see the Reserve Bank holding the cash rate at 4.35% on Tuesday — and leaving it there until at least February — with the board’s statement expected to remain cautiously hawkish. It’s likely to highlight the need for restrictive policy given an accompanying update of economi...
The central bank is widely expected to keep the cash rate on hold at 4.35 per cent for the seventh consecutive meeting and maintain a hard tone about persistently high inflation. Money markets are fully priced for the first rate cut early next year. ...
In Australia, a similar delay means the Reserve Bank of Australia (RBA) is now not expected to lower the 4.35% overnight cash rate until November 2024. “Markets currently price the RBA cash rate to be unchanged at the next meeting on 7 May, with a 60% chance of a cut...
Greens economic spokesman Nick McKim said the minority party would withhold its support for the reform bills until rates had been lowered, and if the RBA didn’t cut them at Tuesday’s board meeting, Chalmers should force it to do so. The government has never used its reserve powers to ov...
AUD/USD has slipped close to 0.20%, last near 0.6530, while NZD/USD is back to 0.6145, slightly outperforming the AUD dip. Coming up soon we have the RBA Minutes from the early Feb policy meeting. Later on, China LPRs are due, with both the 1yr and 5yr expected to be cut....
It is unclear if they will do that today or wait until their scheduled meeting on March 25th. The RBNZ Governor Adrian Orr has a track record of surprising the market so an early move seems likely. If/when the RBNZ cut the cash rate, we could well see more upside in the AUDNZD...