In their policy announcement the Reserve Bank of Australia dialled back their expectations for GDP growth to a still too optimistic (IMO) 3% And they fudged on their inflation expectations again … they’ve been missing for 3 years already, what’s more years missed, right guys? I think anyone who had a job with only two…
The Reserve Bank of Australia left the cash rate at 1.5%, an announcement that was expected by every analyst surveyed by Bloomberg And by ForexLive. But … check out the response of the Australian dollar, marked up towards 0.7250 from circa 0.7210 just prior to the announcement. Musta been a few shorts about I guess…
Governor Lowe’s statement to accompany the RBA decision today is on the left of screen His statement for the previous meeting in December is on the right (click on the image to make this bigger and easier to read).
Comments from Kaplan ForexLive
Kaplan speaks in Austin ForexLive
The Reserve Bank of Australia monetary policy announcement along with the accompanying statement from Governor Lowe is due at 0300GMT on Tuesday I popped up a few previews earlireL
Coming up at 0330GMT on Tuesday 4 February 2019, the RBA announcement and Governor Lowe’s statement – And, on Friday the quarterly Statement on Monetary Policy from the bank Preview via RBC:
Kashkari is President of the Minneapolis Federal Reserve – Says Chair of the Fed Powell is ‘coming around’ to Kashkari’s view (K has been opposed to hikes for a long time)
Post on the comments from Minneapolis Federal Reserve president Neel Kashkari are here But have more in a recap piece up now. Reuters K has been in the ‘no rate hike’ camp for a long time.
Cleveland Federal Reserve President Loretta Mester speaking on her outlook for the economy and monetary policy – Says Fed’s wait-and-see approach on rates ‘well-calibrated’ to outlook