Tags » RBA
From Jens Meyer:
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Did the RBA just signal the end of rate cuts and no-one noticed?
Well, not exactly no-one. Goldman Sachs chief economist Tim Toohey reckons the speech RBA assistant governor Chris Kent delivered on Tuesday amounts to an explicit shift to a neutral policy stance.
(15 September 2016, AFR, p9, by Duncan Hughes)
‘The risks of a ‘Big Short’-style melt-down in the Australian property market could be on the rise despite a crackdown by regulators after a $7 billion jump in the value of interest-only loans. 54 more words
The COC has just released the line up for the free lunchtime concert series in the Richard Bradshaw Amphitheatre. It’s the usual rich and eclectic mix of vocal, chamber and piano music with world music, jazz and dance thrown in for good measure. 863 more words
As expected nothing new from the RBA which decided not to change both interest rate, at 1,5%, and the Official Cash Rate (OCR).
“Taking account of the available information, and having eased monetary policy at its May and August meetings, the Board judged that holding the stance of policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over time.” 269 more words
On the 2nd of August the Reserve Bank of Australia (RBA) reduced the cash rate to the historic low of 1.5%. The actions of the central bank often seem either arcane or uninteresting to the vast majority of us – except perhaps for those playing the markets and various gold-bugs, currency cranks and other tin-foil hat aficionados. 6,583 more words