Minutes of the February policy meeting of the Reserve Bank of Australia:
- AUD still above most estimates of fundamental value
- Board discussed case for waiting until March to cut rates
- Decided a February easing allowed additional early communication in the quarterly SoMP
- Lower a$ needed for economy, further sustained fall would lift growth and inflation
- Board noted a$ would be affected by monetary policy expectations at home and abroad
- Revival in non-mining investment necessary for above-trend growth, but confidence lacking
- Pick up in household consumption also needed, lower fuel prices to help offset soft wages
- Unemployment expected to peak later and little higher than previously forecast
- Spare capacity, productivity growth had lowered unit labour costs and inflation outlook
- Housing market would bear careful watching given rising prices, investment lending
- Uncertain on outlook for chinese property market, impact on commodity demand
Full text is here: Minutes of the Monetary Policy Meeting of the Reserve Bank Board


BOJ Signals Imminent Interest Rate Hike Amid Strengthening Economic Conditions
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level
BOK Expected to Hold Rates at 2.50% as Housing and Currency Pressures Persist
BOJ’s Noguchi Calls for Cautious, Gradual Interest Rate Hikes to Sustain Inflation Goals
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided
RBA Signals Possible Rate Implications as Inflation Proves More Persistent
FOMC Minutes Expected to Reveal Deep Policy Divide as Markets Eye December Rate Cut
RBA Minutes Signal Growing Caution on Future Rate Cuts Amid Persistent Inflation 



