Search results

Minutes of the Monetary Policy Meeting of the Reserve Bank Board Considerations for Monetary Policy Members noted that information becoming available over the past month had not led to any material change to the global outlook, which was for growth of Australia's major trading partners to...

fixed that for you. And I think my interest rate forecasting record on SS is pretty **** tbh. Most of economics is a matter of perspective imo.

Sure, but what he says and what he forecasts are two different things. From our perspective, both the June statement and May minutes carry a similar message ? that the Board sees itself as having the flexibility to further cut rates if the circumstances require action but is making no...

Some would disagree. Treasury boss John Fraser fears about investment in housing, points to home renovation shows "When you look at the housing price bubble evidence, it's unequivocally the case in Sydney, unequivocal," Mr Fraser told senators on Monday, at an estimates hearing. "It's...

Lets get the actual wording, which is a bit bigger than those two - The Reserve Bank Board sets interest rates so as to achieve the objectives set out in the Reserve Bank Act 1959 - the stability of the currency of Australia; the maintenance of full employment in Australia; and the economic...

Hi ULMM You've presented a range of pretty compelling information on why the RBA should cut the cash rate. So we seem to have The arguments for a rate cut? Capex falling - never a good leading indicator With the CPI at 1.3% (and could well fall), no issue there with a bit of stimulus Real...

It isn't just that. A couple of them (Dungey and McKibbin) both mention asset prices (the former started her career at the RBA, and McKibbin is a former RBA Board member). There are question marks over whether lowering the rate even further will actually stimulate the wider economy (or...