RBA Cash Rate Unchanged but Key Message Removed
By Sophia Rodrigues
Published On 10 Dec 2024 , 02:40 PMThe Reserve Bank of Australia left the cash rate unchanged at 4.35% but pivoted to a dovish stance by omitting the key message about remaining vigilant to upside risks. Also, missing in the statement was the line that it is not ruling anything in or out.
The RBA said it is gaining "some confidence" that inflationary pressures are declining in line with the November forecasts, though risks remain.
LATEST SNIPPETS
RBA buying A$2B of Nov 2028-May 2032 at 1st QE
The RBA is buying A$2 billion of November 2028 to May 2032 government bonds (excluding December 2030 bonds) as p...
Published on : 05 Nov 2020 , 11:21 AMRBA re-opening media lockups?
It appears the RBA's media lock-ups will restart from Friday when the Statement on Monetary Policy will be publis...
Published on : 04 Nov 2020 , 04:16 PMHeadlines from RBA Lowe's Speech Tuesday
RBA Lowe: No Change in View Little To Be Gained from Negative Policy Rate
RBA Lowe: Negative Policy Rate Extra...
More Headlines from RBA Policy
Any bond-buying to support 3-yr target would be in addition to A$100B QE
Not expecting to raise cash rate f...
Published on : 03 Nov 2020 , 02:35 PMHeadline from RBA's November MonPol Decision
From the RBA's November Monetary Policy Decision statement:
-Cuts cash rate target to 0.1% from 0.25%
RBA TFF drawdown steady since Sep 30 as bks await rate cut
Total amount drawdown from the RBA's Term Funding Facility has been unchanged for three straight weeks...
Published on : 30 Oct 2020 , 04:13 PMAustralia Note yields continue declining on expectation of 1bp ES rate
Yields fell further to new record lows at the AOFM weekly T-Note tenders as market factors in the possibili...
Published on : 29 Oct 2020 , 10:42 AMAustralia Note yield drop to new low ahead of RBA cuts
As expected, the yield on near-term T-Note fell to a new record low at today's AOFM's auction. The weighted a...
Published on : 22 Oct 2020 , 10:40 AMCould Australia Note Yield Drop to New Low at Auction?
Looking forward to the AOFM's weekly T-Note auctions later this morning. The record low weighted average yield fo...
Published on : 22 Oct 2020 , 10:09 AMRBA Kent's speech title
The title of RBA assistant governor Chris Kent's speech on Tuesday is a very interesting one, "The Sta...
Published on : 19 Oct 2020 , 08:19 PM