Friday, 20 July 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
RBA Leaves Key Rate at 1.5% as Seen by All Economists Surveyed
Tuesday, 5 September 2017 11:48 WIB | FISCAL & MONETARY |RBAEkonomi Australia

Reserve Bank of Australia leaves benchmark interest rate unchanged at record low 1.5% for 13th month.

Core inflation remains below bottom of the RBA™s 2%-3% target range; wage growth remains at record low 

Yet the economy has added 210,000 full-time jobs this year and hours worked have risen, suggesting contraction in spare capacity; jobless rate at 5.6%

House prices advanced 0.1% in Aug., Sydney unchanged, indicating macro-prudential measures introduced by regulators are working to cool lending

Aussie dollar up more than 10% against U.S. dollar this year, eroding competitiveness/revenue streams at exporters

NOTE: Since taking helm last September, Lowe has stressed the flexibility of the RBA™s inflation target and voiced concern additional easing could further fuel borrowing and house prices, posing risks to the macroeconomic outlook

 

Source : Bloomberg

RELATED NEWS
Powell says more gradual interest-rate hikes is the 'best way forward''...
Tuesday, 17 July 2018 21:38 WIB

Ketua Federal Reserve Jerome Powell pada Selasa mengatakan berlanjutnya kenaikan suku bunga secara bertahap merupakan "jalan terbaik ke depannya" untuk kebijakan moneter. "Dengan pasar tenaga kerja ya...

RBA Sees Strong Growth Cutting Unemployment, Lifting Inflation...
Tuesday, 17 July 2018 09:26 WIB

Bank sentral Australia mengharapkan ekonomi yang menguat untuk secara bertahap mengurangi pengangguran dan mengangkat inflasi, menegaskan kembali tidak ada kasus yang kuat untuk langkah kebijakan jang...

Draghi Says Euro-Area Inflation Path Appears Self-Sustained...
Monday, 9 July 2018 21:14 WIB

Mario Draghi mengatakan peningkatan inflasi zona euro berada di jalur mandiri, memungkinkan Bank Sentral Eropa untuk menarik pembelian obligasinya meskipun meningkatkan tensi perang perdagangan global...

Fed minutes: Negative risks to economy from U.S. trade policy have intensified...
Friday, 6 July 2018 04:02 WIB

The Federal Reserve pada awal Juni melihat bahwa risiko negatif dari kebijakan perdagangan AS "telah meningkat" dan dapat memiliki efek negatif pada sentimen bisnis dan pengeluaran investasi, menurut ...

Australia Holds Key Rate as Currency Drop Offers Export Support...
Tuesday, 3 July 2018 12:52 WIB

Australia mempertahankan suku bunga utamanya tidak berubah pada rekor rendah pada Selasa karena penurunan mata uang baru-baru ini membantu perekonomian dengan menawarkan eksportir beberapa penyekatan ...

POPULAR NEWS
Gold books back-to-back loss to finish around 2018's lows

Gold prices on Monday fell for a second straight...

Gold aims to snap 2-session skid as dollar gauge sees muted action

Gold prices on Tuesday edged higher, attempting...

Gold prices down a third straight session to lowest finish in a year

Gold futures fell a third session in a row on...

LATEST NEWS
Dollar index turns negative after Trump say's he's not 'thrilled' with Feds' rate hikes

The U.S. dollar turned negative versus its main rivals on Thursday after President Donald Trump said he disagreed with the Federal Reserve's strategy to gradually hike interest rates. Trump told CNBC during an interview on Thursday that he isn't...

Gold Prices Pare Losses, But Still End at a 1-Year Low

Gold futures gave up much of their declines Thursday, but still finished at their lowest in about a year. President Donald Trump voiced his disagreement with the Federal Reserve's plan for gradual increases in interest rates, prompting a decline...

Dow Threatens to Snap 5-Day Win Streak

U.S. stocks fell in midday trading on Thursday, as major indexes consolidated their gains after a five-day rally that was driven largely by optimism over the strength of corporate earnings. The Dow Jones Industrial Average was down 0.2%, or 61...