Entries Categorized as 'Reserve Bank of Australia'

February RBA Meeting – How Has the Economy Changed

Date February 4, 2013

The Reserve Bank of Australia’s monetary policy meeting is this evening. Only 4 out of 28 economists expect the RBA to cut interest rates. Here’s part of the reason why. Take a look at how the economy has performed since the last meeting in December:

RBA Meeting Preview: Changes in Economy

Date June 4, 2012

The Reserve Bank of Australia’s monetary policy announcement is in just a few hours! For the second month in a row, the RBA is expected to ease but economists are divided on a 25 vs. 50bp move. Here’s a table showing how Australian data fared since the last meeting. As you can see, weakness all […]

Latest Central Bank Expectations: RBA to Cut 125bp?!

Date May 24, 2012

Here are the latest central bank rate cut/hike expectations. Nothing priced in for the Fed, BoE or ECB (though I expect the latter two to pull the trigger on more stimulus in the coming months). RBA – Investors are pricing in 125bp of easing from the Reserve Bank of Australia by the end of the […]

Look at Australian Economy Ahead of RBA

Date April 30, 2012

The Reserve Bank of Australia is gearing up to cut interest rates this evening. The market is currently pricing in 32bp of tightening which means that investors expect the central bank to reduce rates by a minimum of 25bp. 50bp is a possibility but given some signs of improvement in Australia’s economy (jobs and construction/services), […]

Table: How Australian Economy Performed Since Feb Meeting

Date March 5, 2012

RBA meeting coming up. Here’s a table on how the Australian economy performed since the last monetary policy meeting in Feb. As you can see, there has been as much improvement as disappointment but the pullback in manufacturing and service sector activity is particularly worrisome. Market is pricing in 50bp of additional easing from the […]