Australia's RBA leaves rate cut on table after March pause
AUSTRALIA C.BANK MINUTES: CONSIDERED RATE CUT AT MEETING, DECIDED TO PAUSE FOR MORE DATA RBA: BOARD MEMBERS "WERE OF THE VIEW THAT A CASE TO EASE POLICY FURTHER MIGHT EMERGE" RBA: SAW BENEFIT IN "ALLOWING SOME TIME" FOR …
By FxWirePro Team
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AUSTRALIA C.BANK MINUTES: CONSIDERED RATE CUT AT MEETING, DECIDED TO PAUSE FOR MORE DATA
RBA: BOARD MEMBERS "WERE OF THE VIEW THAT A CASE TO EASE POLICY FURTHER MIGHT EMERGE"
RBA: SAW BENEFIT IN "ALLOWING SOME TIME" FOR ECONOMY TO ADJUST TO FEB RATE CUT
RBA: UNCERTAIN HOW BORROWERS, SAVERS WOULD BEHAVE IN A WORLD OF VERY LOW RATES
RBA: LOWER A$ TO HELP ECONOMY, BUT STILL ABOVE MOST ESTIMATES OF FUNDAMENTAL VALUE RBA: BOARD DISCUSSED RISKS IN HOUSING AND COMMERCIAL PROPERTY MARKETS
RBA: HOUSE PRICE GROWTH STRONG IN SYDNEY, SOLID IN MELBOURNE, MUTED ELSEWHERE
RBA: BOARD NOTED RECENT CUT IN RATES COULD, AT THE MARGIN, BOOST THE HOUSING MARKET
RBA: BOARD ALSO NOTED HOUSEHOLD LEVERAGE HAD NOT INCREASED SIGNIFICANTLY
RBA: MEASURES OF HOUSEHOLD STRESS LOW, BANKS PROFITABLE AND WELL CAPITALISED
RBA: RBA WORKING WITH OTHER REGULATORS TO CONTAIN RISKS THAT MIGHT COME FROM HOUSING
RBA: LABOUR MARKET LIKELY TO REMAIN SLUGGISH, SPARE CAPACITY TO LAST FOR SOME TIME
RBA: ABS SURVEY IMPLIED NON-MINING INVESTMENT TO BE SUBDUED LONGER THAN PREVIOUSLY THOUGHT
RBA: BOARD DISCUSSED RELIABILITY OF EARLY ESTIMATES OF BUSINESS INVESTMENT
At 4:21 a.m. EDT, FXStreet put Dow futures up 0.05%, while S&P 500 and Nasdaq 100 contracts were lower. The Fed is scheduled to announce its decision Wednesday.
ANI reported a 25-basis-point December increase and another 50 basis points by mid-2027; ICRA expects no further tightening absent sizeable negative inflation surprises.
