RBA likely to pause on rate cut
The second-quarter inflation remained soft, but it is still unlikely that the Reserve Bank will rush to cut the cash rate next week.
The second-quarter inflation remained soft, but it is still unlikely that the Reserve Bank will rush to cut the cash rate next week.
Consumer prices rose more than expected due to a jump in fuel costs, but further RBA rate cuts remain likely.
Reserve Bank of Australia governor Philip Lowe may have steered the country’s monetary policy into unorthodox waters.
RBA governor Philip Lowe has strongly defended the bank’s inflation target, seeing no case to adjust it up or down.
The Reserve Bank and the government may be forced to take more steps to support the flagging economy in the days ahead.
RBA leaves open the prospect of further rate reductions in coming months if job conditions don’t improve.
Some strangeness has entered the economic debate, but GDP data will test the theory that all is swell.
The election was likely behind a dip in home loan approvals in May, but a worse fall had been expected.
The RBA wants the government to do more with fiscal policy to boost the economy. Josh Frydenberg is backing himself.
Consumer spending rose slightly in May after a soft patch, but fell just short of forecasts.
Original URL: https://www.theaustralian.com.au/author/james-glynn/page/22