-
Statement by Philip Lowe, Governor: Monetary Policy Decision
At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent. It also decided to cease further purchases under the bond purchase program, with the final purchases to take place on 10 February. The Omicron outbreak has affected the economy, but it has not derailed the economic recovery. The Australian economy remains resilient and spending is expected to pick up as case numbers trend lower. The RBA's central forecast is for GDP growth of around 4¼ per cent over 2022 and 2 per cent over 2023. This outlook is supported ... (full story)
-
RBA:
— DailyFX Team Live (@DailyFXTeam) February 1, 2022
- Omicron outbreak has not derailed economic recover
- Underlying inflation falling to near 2.75% over 2023
- Sees jobless rate around 3.75% end of 2023
- Underlying inflation rising to near 3.25%
- BBG
-
RBA To Discontinue Bond-Buying Program This Month
— LiveSquawk (@LiveSquawk) February 1, 2022
- Ceasing Purchases Does Not Imply Near-Term Increase In Interest Rates
-
RBA SAYS WHILE INFLATION HAS PICKED UP, IT IS TOO EARLY TO CONCLUDE THAT IT IS SUSTAINABLY WITHIN THE TARGET BAND
— First Squawk (@FirstSquawk) February 1, 2022
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jan 31, 2022 10:34pm Jan 31, 2022 10:34pm
- blaseit28
- | Joined Mar 2021 | Status: realist | 215 Comments
- Comment #2
- Quote
- Jan 31, 2022 10:36pm Jan 31, 2022 10:36pm
- jordanvic
- | Joined Jul 2020 | Status: Bro | 920 Comments
- Comment #3
- Quote
- Jan 31, 2022 10:38pm Jan 31, 2022 10:38pm
- MatTrader101
- Joined Jun 2021 | Status: Member | 288 Comments
- Comment #4
- Quote
- Jan 31, 2022 10:40pm Jan 31, 2022 10:40pm
- eqshack
- Joined Jul 2011 | Status: Lord Of War | 1002 Comments
- Comment #5
- Quote
- Feb 1, 2022 3:49am Feb 1, 2022 3:49am
- Sandriansyah
- | Commercial Member | Joined Aug 2016 | 2 Comments
- Comment #6
- Quote
- Feb 1, 2022 4:03am Feb 1, 2022 4:03am
- Nordling
- Joined Apr 2021 | Status: Member | 360 Comments | Online Now
- Comment #7
- Quote
- Feb 1, 2022 5:34am Feb 1, 2022 5:34am
- Nifedavid
- | Joined Jan 2022 | Status: Junior Member | 1 Comment