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Minutes of the Monetary Policy Meeting of the Reserve Bank Board
Members commenced their discussion of international developments by noting that the global economy had started to recover around May as containment measures were eased and the extensive fiscal and monetary support had begun to take effect. However, more recently the global recovery had slowed and become more uneven, with infection rates rising again in some countries; further fresh outbreaks of the virus had been seen in Japan, South Korea, some countries in Western Europe and New Zealand. This had led to a targeted tightening in restrictions, and some renewed signs of precautionary behaviour. Consistent with this, ... (full story)
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RBA Minutes: Members Noted That The Downturn Had Not Been As Severe As Earlier Expected And A Recovery Was Under Way In Most Of Australia
— LiveSquawk (@LiveSquawk) September 15, 2020
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- RBA Minutes: Recovery Was Likely To Be Uneven, With The Covid-19 Outbreak In Victoria Having A Major Effect On The Economy
— LiveSquawk (@LiveSquawk) September 15, 2020
- Wage And Price Pressures Remained Subdued And This Was Likely To Continue For Some Time
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RBA Minutes: Board Will Continue To Consider How Further Monetary Measures Could Support The Economy
— LiveSquawk (@LiveSquawk) September 15, 2020
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RBA Minutes: A Lower A$ Would Provide More Assistance To The Economic Recovery
— MacroGuru (@macroguru9) September 15, 2020
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