Analysts say the Reserve Bank of Australia’s (RBA) decision may come down to the wire at its monetary policy meeting on Tuesday. For analysts calling for further easing, recent data suggesting cooling inflation in September quarter is an impetus for the RBA to reduce its cash rate by 25 basis points to an all-time low …
Australia has joined the rest of the world as a slow growth and low inflation country, threatening to push a reluctant Reserve Bank into further rate reductions. It may not be at tomorrow’s board meeting — the bank still holds hope the buoyancy of the southeast Australian states will carry through to a sustained lift …
Australia’s central bank saw signs economic activity was rebalancing toward sectors outside of the struggling mining industry when it decided to keep interest rates steady at its October policy meeting. Minutes of the Reserve Bank of Australia’s (RBA) meeting showed board members believed economic growth had picked up in the third quarter after temporary factors …
I appeared on Channel News Asia again this morning at 6:20am SGT, via Skype. My questions and my responses in the form of brief notes are below: Q1. Today’s release of central bank policy meeting minutes, do you see prospect of a rate cut in November? It is certainly possible and talk continues in the …
