AUD RBA Press Conference
It's the primary method the RBA uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy;
The press conference has 2 parts - first a prepared statement is read, then the conference is open to press questions. The questions often lead to unscripted answers that create heavy market volatility;
- History
Expected Impact / Date | Description |
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Jun 18, 2024 | |
May 7, 2024 | |
Mar 19, 2024 | |
Feb 5, 2024 | |
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- AUD RBA Press Conference News
- From livewiremarkets.com|Jun 18, 2024
A quick glance at the data the RBA eyes most closely suggests the soft landing is still in sight. The unemployment rate is at 4% and the Australian economy is still creating jobs. The most recent monthly inflation indicator reading was 3.6%, labour productivity is not improving, and the cost of hiring (through wage inflation) is continuing to moderate. And while the headline figure is not 2-3%, the disinflation trend is (for the moment) intact. But on the flip side, the central bank may find that it has a big growth problem. Q1 GDP ...
- 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 @PiQSuite|Jun 18, 2024|4 comments
post:
RBA GOV BULLOCK: **NEED A LOT TO GO OUR WAY TO BRING INFLATION BACK TO RANGE **BOARD DISCUSSED WHETHER TO HIKE RATES AT THE MEETING **BOARD DECIDED TO STAY THE COURSE ON POLICY **TRYING TO BRING DEMAND DOWN WHILE REMAINING ON NARROW PATH **BOARD WANTED TO MAKE POINT THAT… post:
RBA GOV BULLOCK: **BOARD DID NOT CONSIDER THE CASE FOR A RATE CUT AT THIS MEETING **WOULD NOT SAY THAT THE CASE FOR A RATE HIKE IS INCREASING **VERY CONCIOUS THAT HIGH RATES HURTING SOME SECTOR OF COUNTRY post:
RBA GOV BULLOCK: INFLATION ALSO HURTING PEOPLE, SO BOARD LASER FOCUSED ON BRINGING IT DOWN
- 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 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 ...
- From fxempire.com|May 7, 2024
On Wednesday (May 8), market risk sentiment will likely influence buyer demand for the AUD/USD early in the session. However, the AUD/USD may remain under pressure due to the less hawkish-than-expected RBA press conference. On Wednesday, the RBA will release its chart pack, which provides investors with graphics of the Australian economy and financial markets. During the RBA press conference, RBA Governor Michele Bullock discussed tight labor market conditions, household income, and the sticky inflation environment. The graphics will ...
- From @financialjuice|May 7, 2024
post: RBA'S GOV. BULLOCK: WE BELIEVE RATES ARE AT THE RIGHT LEVEL TO GET INFLATION BACK TO TARGET. post: RBA'S GOV. BULLOCK: DATA ARE PROVING BUMPY, WE ARE TAKING A LONGER VIEW.
- From news.com.au|May 6, 2024
Household borrowers are set to be spared from further pain at the Reserve Bank’s May meeting, yet all eyes will be on governor Michele Bullock’s post-meeting press conference for clues on the path ahead for interest rates. On Tuesday, the central bank is widely anticipated to keep the cash rate steady at a 12-year high of 4.35 per cent, continuing its holding pattern as it awaits further evidence that its efforts to tame inflation, currently at 3.6 per cent, are easing as intended. Prior to the decision, markets ascribed just a 10 ...
Released on Jun 18, 2024 |
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Released on May 7, 2024 |
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