-
Statement by Philip Lowe, Governor: Monetary Policy Decision
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.25 per cent. The Board took this decision to support employment growth and provide greater confidence that inflation will be consistent with the medium-term target. The outlook for the global economy remains reasonable, although the downside risks stemming from the trade disputes have increased. Growth in international trade remains weak and the increased uncertainty is affecting investment intentions in a number of countries. In China, the authorities have taken steps to support the economy, while addressing risks in the financial ... (full story)
-
#RBA says it is closely monitoring the the labor market and emphasized that the cut was meant to support job growth
— DailyFX Team Live (@DailyFXTeam) June 4, 2019
- BBG #AUD #AUDJPY
-
AUD/USD flashes fresh 3-week high despite RBA’s 0.25% rate cut
Even if the Reserve Bank of Australia (RBA) announced a 25 basis points (bps) cut to its benchmark cash rate, the AUD/USD pair is on the bids near 0.6990 during early Tuesday. The RBA has cited downside risks to economic growth due to trade tussles while praising Chinese efforts for economic improvement. The central bank yet again emphasized on employment data and targets medium-term inflation upside. The Australian economic calendar flashed disappointing numbers during early-day as first-quarter current account deficit widened to -2.9 billion from -2.5 billion expected while April month seasonally adjusted retail ... (full story)
-
#RBA cuts interest rate to 1.25% from 1.50%.: Wants to support labour market and growth.Cuts to make inroads on spare capacity.Sees underlying inflation at 1.75% this year. https://t.co/wW0cJ0MWLA
— ForexFlow (@forexflowlive) June 4, 2019
-
How the RBA statement changed pic.twitter.com/gyy0isFAos
— Anthony Barton (@ABartonMacro) June 4, 2019
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 4, 2019 12:32am Jun 4, 2019 12:32am
- Derk
- | Joined Nov 2018 | Status: Member | 38 Comments
- Comment #2
- Quote
- Jun 4, 2019 12:35am Jun 4, 2019 12:35am
- swing77
- Joined Oct 2015 | Status: Ltf market | 1510 Comments
- Comment #3
- Quote
- Jun 4, 2019 12:36am Jun 4, 2019 12:36am
- swing77
- Joined Oct 2015 | Status: Ltf market | 1510 Comments
- Comment #4
- Quote
- Jun 4, 2019 12:41am Jun 4, 2019 12:41am
- petefx82
- | Joined Sep 2016 | Status: Member | 28 Comments
- Comment #5
- Quote
- Jun 4, 2019 12:42am Jun 4, 2019 12:42am
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments
- Comment #6
- Quote
- Jun 4, 2019 12:44am Jun 4, 2019 12:44am
- cogs
- | Joined Jul 2010 | Status: Member | 221 Comments
- Comment #7
- Quote
- Jun 4, 2019 12:47am Jun 4, 2019 12:47am
- jegas
- Joined Oct 2011 | Status: Forex is an Unpredicatable Game.... | 1208 Comments
- Comment #8
- Quote
- Jun 4, 2019 1:44am Jun 4, 2019 1:44am
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments
- Comment #9
- Quote
- Jun 4, 2019 1:52am Jun 4, 2019 1:52am
- louisfx
- Joined Feb 2012 | Status: Member | 560 Comments
- Comment #10
- Quote
- Jun 4, 2019 3:04am Jun 4, 2019 3:04am
- tush1822
- Joined Sep 2018 | Status: Member | 105 Comments
- Comment #11
- Quote
- Jun 4, 2019 3:20am Jun 4, 2019 3:20am
- dollarlord
- | Joined Apr 2019 | Status: Member | 14 Comments
- Comment #12
- Quote
- Jun 4, 2019 5:28am Jun 4, 2019 5:28am
- PaulDaemon
- | Commercial Member | Joined Jan 2015 | 473 Comments