The Latest Breaking News from Monetary Policy

Inflation falling faster than predicted: RBA’s lifeline for borrowers

Australia's red-hot inflation is expected to cool faster than predicted, the RBA has revealed – offering a lifeline at last to borrowers

The New Daily · May 5, 2023

Inflation will decline faster than previously forecast as Australian economy slows, RBA says

The Reserve Bank’s quarterly statement on monetary policy predicts that the underlying inflation rate will end the year at 4%

The Guardian - AU · May 5, 2023

Fed Lifts Interest Rates Yet Again: What the Experts Are Saying

Although the Fed raised interest rates for a 10th consecutive meeting, it finally opened the door to a pause in its tightening campaign.

Kiplinger · May 3, 2023

RBA review has ‘opened the door’ to moving away from inflation focus, panellist says

Renee Fry-McKibbin says panel considered ‘a lot of alternative frameworks’ but decision on shift would fall to future reviews

The Guardian - AU · Apr 24, 2023

The criticisms behind the Reserve Bank review's recommendations for a new board, updated mandate

The Reserve Bank review wants to remove economic prosperity as an objective of monetary policy, with some economists arguing house prices and household debt are outside its domain.

ABC News · Apr 23, 2023

Michael Pascoe: The fallacy at the heart of the Reserve Bank of Australia review

Instead of tackling the fallacy and lie, the review came up with this: 'There should be increased joint work between Treasury and the RBA'.

The New Daily · Apr 21, 2023

Strong business survey lifts the gloom after disappointing retail sales

The mixed statistical messages will make it even harder for the Bank of England’s Monetary Policy Committee to make its decision on interest rates

Evening Standard · Apr 21, 2023

Coalition, Labor at odds over RBA board appointments

As the Albanese government seeks to enact the recommendations of a review of the Reserve Bank, the coalition has queried two new appointments.

The New Daily · Apr 20, 2023

Reserve Bank to keep close eye on jobs and inflation

The Albanese government will enact the recommendations of a review of the Reserve Bank, to ensure it focuses on full employment and inflation.

AAP · Apr 20, 2023

Cumulative impact of monetary policy actions still unfolding: RBI governor in MPC meeting

MUMBAI: RBI governor Shaktikanta Das, in the rate-setting panel meeting earlier this month, opined that the cumulative impact of the monetary policy actions over the last one year is still unfolding and needs to be monitored closely, as per the MPC minutes released on Thursday.

The Times of India · Apr 20, 2023