rba

RBA Assistant Governor (Financial Markets) Christopher Kent discussed the five channels of monetary policy and what it means for inflation.

Higher interest rates have the same estimated effect on inflation in Australia, the euro area, and the USA.

The RBA announced a hold on interest rates for October, but don’t get too comfortable yet.

Weekly Update | 23rd September 2023

A shock to Chinese demand would mainly be borne by lower incomes, with a lower AUD a critical shock absorber.

Key Points: • Australia is at, or close to the end, of the fastest monetary policy tightening cycle since the late 1980s. • Every economic cycle is unique, but most...

Strong unit labour costs risk delaying the return of inflation to the 2-3% target band

Arguably the most significant lesson is that future Governors should intervene with monetary policy far less than he did.

In this wire, I outline five pivotal moments from the soon-to-be ex-governor's time at the helm of the RBA.

Another measure of wages shows labour costs are growing strongly.