Analysis: RBA, RBNZ’s QE; Same Starting Point But Different Purpo...
By Sophia Rodrigues
The antipodean central banks have signalled their next monetary policy move is likely to be Quantitative Easing via purchase of government bonds but their purpose and design for this unconventional tool seems to be co...
17 Mar 2020, 03:45 PMRBA Lowe to Deliver Speech, Q&A Via Conference Call Thu
By Sophia Rodrigues
It's a first from the Reserve Bank of Australia.
Governor Philip Lowe will deliver a speech on Thursday live, and will take questions from media and market economists via conference call. The RBA wi...
16 Mar 2020, 12:00 AMRBA Might Buy Bonds Now Via Market Ops; QE Might Come Later
By Sophia Rodrigues
The Reserve Bank of Australia might be in the market to buy government bonds using a tool that is part of its regular market operations but being done now to support the smooth functioning of the market.
Any...
16 Mar 2020, 02:06 PMAnalysis: RBA QE: Bond Buy Only to Support Fwd Guidance; Liquidit...
By Sophia Rodrigues
Purchasing government bonds with forward guidance as the main reason and providing liquidity via enhanced market operations are likely to be the Reserve Bank of Australia’s favoured measures as the cash rat...
13 Mar 2020, 09:18 AMRBA Has So Far Estimated Coronavirus Impact On GDP Only from Tour...
By Sophia Rodrigues
The Reserve Bank of Australia has estimated the impact of coronavirus on GDP based on its effect on tourism and education, and hasn’t taken into account the flow-on impact on other parts of the economy yet.
... 05 Mar 2020, 12:00 AMRBA Cuts Cash Rate 25bps; Easing Bias Tied to Coronavirus
By Sophia Rodrigues
The Reserve Bank of Australia lowered the cash rate by 25 basis points to a new record low of 0.50% and retained an easing bias tied to the impact of coronavirus, rather than the labor market.
This means the...
03 Mar 2020, 03:01 PM