CB-Intel tweets from RBA Lowe's panel participation
By Sophia Rodrigues
Published On 22 Jun 2020 , 01:59 PM--At some point higher AUD could be a problem but we haven't reached the point yet
--Would like lower AUD but hard to argue it is overvalued now
--Interest rates could be at current levels for years
--Yes, We should be doing whatever it takes, both fiscal and monetary side
--We can borrow to build bridge but not to deal with slower growth. Right thing to borrow now to build bridge, make investments into future
--Lack of econ dynamism is a concern
--Don't think makes sense to have numeric target for unemployment rate like it is for inflation
--Confident we can meet the challenges of tomorrow. I remain fundamentally positive about future. (Finally you are back to glass half-full Dr Lowe)
--Fall in hours worked likely to be close to 10%. before this they estimated -20%, then -15%. (But I already beat you on this Dr Lowe)
LATEST SNIPPETS
Will RBA Buy April 2024 Bond Today?
(This snipped was first published on October 28 at 1039 AM)
Australia’s bond market is once again tes...
Published on : 29 Oct 2021 , 04:36 PMNAB Says RBA QE to End February 2022
National Australia Bank economists expect the RBA to end its bond purchase program (QE) by February, making it the fi...
Published on : 29 Oct 2021 , 02:39 PMAustralia's core CPI in RBA target band for first time since 2015
Australia's Q3 CPI shows core inflation rising into RBA's target band for the first time since 2015 (and impo...
Published on : 27 Oct 2021 , 11:39 AMAustralia's big four banks on RBA's 0.1% April 2024 target
Big four banks on the RBA's 0.1% target on April 2024 bond:
--ANZ expects the RBA to drop the target wh...
Published on : 27 Oct 2021 , 10:55 AMANZ economists expect RBA to drop April 2024 target if guidance shifts
Economists at ANZ Bank expect the RBA to drop the 10bps target on April 2024 bond if it brings forward timing for the...
Published on : 27 Oct 2021 , 09:18 AMAustralian dollar currency notes on issue crosses 100 billion
The amount of Australian dollar currency notes on issue crossed the A$100 billion mark this week, rising to A$100.153...
Published on : 22 Oct 2021 , 05:25 PMSome Facts On RBA/AOFM Bond Lending Facility
Following RBA announcement after market hours Tuesday about indicative fee for borrowing (RBA as lender) April 2023 a...
Published on : 20 Oct 2021 , 10:12 AMRBNZ's Hawkesby Promoted to Deputy Governor
The Reserve Bank of New Zealand has announced the promotion Christian Hawkesby to the position of deputy governor, ef...
Published on : 06 Oct 2021 , 12:00 AMBig Four Banks Forecast for RBA Cash Rate
Big four banks' forecast for the RBA cash rate:
--ANZ expects first rate hike in 1H of 2024. "Our...
Published on : 17 Sep 2021 , 10:50 AMRBA Lowe's speech at 1300 hours today
Small change in timing of RBA Governor Philip Lowe's speech this afternoon, now at 1300 hours Sydney time (was 12...
Published on : 14 Sep 2021 , 11:55 AM