central bank

The Fed: Gradual Policy Tightening In Full Swing The Fed has reaffirmed its commitment to sticking to its plan of “gradual” policy normalisation with two more hikes forecast this year. The economic outlook is good, with the economy on track to grow by around 4% in Q2 2018, boosted by tax cuts with inflation continuing to creep higher. Employmen...

2018-07-05 James Harte Read more
Risks Around Housing And Wage Growth Concern RBA

During one of the quieter weeks of trading so far in 2018, the main news overnight was the release of the RBA’s May meeting minutes. While little was delivered in the way of new information, the minutes confirmed that the risks around housing and wage growth concern the RBA, who is striking a more cautious tone when compared against the last mee...

2018-05-15 James Harte Read more
May RBA SoMP

Reserve Bank Australia May Meeting Review Following the delivery of the May RBA SoMP report on Thursday, following the bank’s May meeting earlier last week which, as expected, saw rates kept unchanged at record lows of 1.5%.The meeting was fairly uneventful with the bank’s accompanying statement mostly unchanged from April, concluding that: ...

2018-05-07 James Harte Read more
RBA Minutes Show Board In Favour of Rate Rise

Meeting Minutes Bring Surprise With the RBA having kept rates unchanged for 18 consecutive policy meetings, marking the longest stretch that rates have remained static in the bank’s history, the release of the latest RBA meeting minutes were not expected to deliver any new information. However, the April RBA minutes show board in favour of Rate...

2018-04-19 James Harte Read more
RBA holds cash rate unchanged

The Reserve Bank of Australia held its monetary policy meeting last week. As widely expected, the central bank did not surprise as it left interest rates unchanged at 1.50% for 18 months in a row. The RBA said in its monetary policy statement that based on the available information, the board judged that keeping monetary policy unchanged at i...

2018-04-13 John Benjamin Read more