Analysis: RBA and Its Evolving Forward Guidance

By Sophia Rodrigues

(This exclusive analysis was first published on October 15 as a paid copy; it is now being made freely available)

The Reserve Bank of Australia is making a significant change in the way it operates monetary...

15 Oct 2020, 05:28 PM
Insight: RBA Likely to Launch True QE in Nov, Will Also Cut Rates

By Sophia Rodrigues

The Reserve Bank of Australia is highly likely to launch true Quantitative Easing next month by announcing a program for large-scale bond-buying at the longer-end of the curve.

This is a change of view from...

06 Oct 2020, 03:57 PM
Quick Analysis: RBA Keeps Rates on Hold But Signals Imminent Easi...

By Sophia Rodrigues

The Reserve Bank of Australia left the cash rate target unchanged at 0.25% Tuesday but its comment on the three-year bond yield was a clear signal that it will ease policy next month.

At the board meeting, t...

06 Oct 2020, 02:58 PM
Analysis: Win for RBA’s TFF As Initial Allowance Absorbed by Sep...

By Sophia Rodrigues

A few months ago, the Reserve Bank’s Term Funding Facility was the new kid on the block in Australia, viewed with scepticism by many that questioned its effectiveness as an unconventional monetary policy instrum...

01 Oct 2020, 09:37 AM
Insight: April 2023 Yld Doesn’t Have to Fall When April 2024 Beco...

By Sophia Rodrigues

The April 2024 government bond will soon become the Reserve Bank of Australia’s three-year target but it doesn’t mean it expects the April 2023 yield to fall below the target.

This means at the c...

25 Sep 2020, 04:38 PM
Analysis: RBA Research Makes Case for Policies Lowering Govt Bond...

By Sophia Rodrigues

At the cash rate target of 0.25%, the Reserve Bank of Australia could potentially lower the rate another 50bps to -0.25%.

But it does not have to venture down that path when it can achieve the same outcome b...

17 Sep 2020, 07:48 PM