Tightening job market creeping up on RBA
The RBA expects it will be among the last of the world’s major central banks to begin the task of winding down and eventually exiting its bond-buying program.
The RBA expects it will be among the last of the world’s major central banks to begin the task of winding down and eventually exiting its bond-buying program.
A career devoted to the understanding and implementation of monetary policy has left the governor of the Reserve Bank, Philip Lowe, unfulfilled.
Australia’s turbocharged economic recovery is throwing up fresh policy challenges for the Reserve Bank of Australia.
The RBA thinks there’ll likely be no need for a rate rise until 2024 ‘at the earliest’, and sees no wages breakout on the horizon.
Australia’s economy is roaring while still hugely dosed up on generous fiscal and monetary stimulus.
Reserve Bank expects the strong pace of jobs recovery means the impact of the end of the JobKeeper wage subsidy will be ‘muted’.
Australia’s economic recovery is running ahead of even the most optimistic forecasts, says RBA board member Ian Harper.
Australia’s economy and job market have surged back to full throttle, challenging the Reserve Bank’s cautious guidance.
The central bank has its eye on mortgage lending quality and surging house prices, but sees no reason to step in, its minutes revealed.
The RBA’s governor might well be retired and focused on his golf handicap by the time official interest rates are raised again in this country.
Original URL: https://www.theaustralian.com.au/author/james-glynn/page/13