-
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 continue to purchase government securities at the rate of $4 billion a week until at least mid February 2022. The Australian economy is recovering from the setback caused by the Delta outbreak. High rates of vaccination and substantial policy support are underpinning this recovery. Household consumption is rebounding strongly and the outlook for business investment has improved. The emergence of the Omicron strain is a new source of uncertainty, but it is ... (full story)
-
RBA SAYS THE OMICRON STRAIN IS A NEW SOURCE OF UNCERTAINTY, BUT IT IS NOT EXPECTED TO DERAIL THE RECOVERY. #News #Forex #RBA
— Capital Hungry (@Capital_Hungry) December 7, 2021
-
RBA: To keep buying bonds at AUD4b/week until at least mid-February, won't lift rates until inflation sustainably within target -BBG
— DailyFX Team Live (@DailyFXTeam) December 7, 2021
-
RBA: WE WILL NOT RAISE THE CASH RATE UNTIL REAL INFLATION IS CONSISTENTLY WITHIN THE TARGET RANGE OF 2% TO 3%.
— Breaking Market News (@financialjuice) December 7, 2021
- Comments
- Subscribe
- Comment #1
- Quote
- Dec 6, 2021 11:04pm Dec 6, 2021 11:04pm
- Vijen
- | Joined Jun 2019 | Status: Member | 26 Comments
- Comment #2
- Quote
- Dec 6, 2021 11:25pm Dec 6, 2021 11:25pm
- jordanvic
- | Joined Jul 2020 | Status: Bro | 920 Comments
- Comment #3
- Quote
- Dec 7, 2021 2:11am Dec 7, 2021 2:11am
- blaseit28
- | Joined Mar 2021 | Status: realist | 215 Comments