AUD RBA Rate Statement
It's among the primary tools the RBA Reserve Bank Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions;
Until Dec 2007 the statement was only issued when the cash rate was changed;
- History
Expected Impact / Date | Description |
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Jun 18, 2024 | |
May 7, 2024 | |
Mar 18, 2024 | |
Feb 5, 2024 | |
Dec 4, 2023 | |
Nov 6, 2023 | |
Oct 2, 2023 | |
Sep 5, 2023 | |
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- AUD RBA Rate Statement News
- From forextime.com|Jun 18, 2024
It’s yet another week filled with G10 central bank policy decisions. As highlighted in our Week Ahead article (published on Fridays), we highlighted the upcoming decisions by the Bank of England (BOE) as well as the Swiss National Bank (SNB). This week also features policy decisions by the central banks of China, Chile, Brazil, Indonesia, and Norway. This article focuses on the Reserve Bank of Australia (RBA), and how its just-concluded meeting could impact the Australian dollar (AUD). What did the RBA say? The Reserve Bank of ...
- From rba.gov.au|Jun 18, 2024|1 comment
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation remains above target and is proving persistent. Inflation has fallen substantially since its peak in 2022, as higher interest rates have been working to bring aggregate demand and supply closer towards balance. But the pace of decline has slowed in the most recent data, with inflation still some way above the midpoint of the 2–3 per cent ...
- From bnnbloomberg.ca|Jun 18, 2024
Asian stocks rose, following a rally in several large US tech shares that drove Wall Street to another record high. All major Asia benchmarks climbed, led by Japan, Australia and South Korea. The S&P 500 has now set 30 all-time highs this year, defying concern about narrow breadth that may make the market more vulnerable to surprises. Asia chip stocks were among the bigggest contributors to gains in the MSCI Asia Pacific index. Shares of Tesla China suppliers advanced after news the electric-car maker had gained approval to test its ...
- From channelnewsasia.com|Jun 17, 2024
The dollar drifted lower on Tuesday, extending the previous day's losses against the euro and sterling, as market jitters over the risks of a far-right French government receded. The U.S. currency failed to get a lift from a rise in Treasury yields overnight, with investors awaiting a key retail sales report and comments from Federal Reserve officials to better gauge the timing and pace of interest rate cuts. The Australian dollar hovered close to the middle of its trading range over the past month with the Reserve Bank of Australia ...
- From livewiremarkets.com|Jun 17, 2024
The vast majority of economists aren’t expecting any surprises at tomorrow's June Reserve Bank of Australia (RBA) meeting. The RBA is expected to keep its official cash rate (OCR) on hold at 4.35%. However, the language of their statement and of RBA governor Michelle Bullock in her post-meeting press conference will be far more interesting for both markets and mortgage holders. Most economists expect the RBA to maintain its default rhetoric of “vigilance against inflation risks”. But it’s their new cryptic (and my personal confuse ...
- From bnnbloomberg.ca|Jun 16, 2024
Australia’s central bank will likely hold its key interest rate at a 12-year high on Tuesday as it tries to restrain consumer prices that have been underpinned by an ultra-tight employment market. The Reserve Bank will keep the cash rate at 4.35% for a fifth straight meeting, economists surveyed by Bloomberg predicted. The decision will be released at 2:30 p.m. in Sydney, followed an hour later by Governor Michele Bullock’s press conference. Australia’s policy meeting follows a highly-anticipated decision by the Federal Reserve last ...
- From xm.com|Jun 14, 2024
The Reserve Bank of Australia will keep the central bank theme going on Tuesday when it meets for its June policy decision. Like their global peers, RBA policymakers had been hoping that their job was going to get a lot easier this year. But a muddy economic picture and sticky inflation have complicated the policy path. Inflation has been gradually edging higher all year, with the monthly CPI reading ticking up to 3.6% y/y in April, reversing some of the sharp drop seen in 2023. Meanwhile, the labour market appears to be tightening ...
- From business.nab.com.au|May 8, 2024
The Reserve Bank of Australia has been on pause since moving rates from 4.10% to 4.35% in November 2023. Recent CPI data has shown that the ‘Inflation Beast’ may not have been defeated and talk of any rate cuts this calendar year may have been premature. Tapas Strickland, Head of Market Economics, James Sheehan, Head of Markets NSW/ACT, and Dan Farrell, State Director NSW, discuss the recent RBA meeting and the interest rate outlook, inflation, geopolitical risks, how our economy is performing, and how NAB Markets support commercial ...
Released on Jun 18, 2024 |
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Released on May 7, 2024 |
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