AUD/USD – Slight Gains as RBA Keeps Door Open to Rate Cuts September 17, 2013 Share Print 0 AUD/USD has posted modest gains against the US dollar in Tuesday trading.
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FOR the eleventh time this year, the Reserve Bank of Australia has used the minutes of its monthly monetary policy meeting to signal. the RBA’s mentions of the exchange rate, and the need for it to.
RBA minutes: RBA saw need to signal further rate cut possible, not imminent.. further rate cuts are not imminent. LON +1. SDNY+10. NY -4. TYO +9. GMT . Top Forex Brokers Must Read.
Further rate cut possible, but not yet: RBA. off the possibility of reducing rates further nor signal an imminent intention to reduce them," the RBA said in the minutes of its September 3 board.
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"That suggests the RBA may eventually feel the need to cut interest rates even more deeply – below 1 per cent – unless other arms of macro-economic policy provide further support," BetaShares chief.
Following the Reserve Bank of Australia’s (RBA) decision to lower the official cash rate to a new record low of 1.25 per cent, governor Philip Lowe said that it was "not unreasonable" to expect additional cuts throughout 2019 amid weaker-than-expected GDP growth.. However, in minutes released from the RBA’s monetary policy board meeting, the central bank has gone one step further.
The Reserve Bank of Australia (RBA) is open to further rate cuts should they be needed, according to the minutes of its August 6 meeting.
Reserve Bank of Australia Governor Lowe speech topic is: The Labour Market and Spare Capacity says possibility of lower interest rates remains on the table "not unrealistic" to expect a further.
but lacks an opportunity to fully "tee up" financial markets and publicly flag an imminent rate cut before the next rates decision on May 7. The RBA prefers to signal a looming change in monetary.
The Commonwealth Bank jumped on signals from the central bank on Tuesday that more interest rate cuts are imminent, forecasting rates will hit a record low of 0.75 per cent before Christmas.
6.45am: Trade truce prompts Wall St record The S&P 500 powered to a fresh record after the United States and China reached a.