Reserve Bank of Australia
Forex News Preview: AUD Reserve Bank Governor Stevens Speaks and Says One Day Interest Rates Will be Higher than Normal
Posted by Basil Fayad on Tue, 07/15/2008 - 8:36pm in
Most statements in line with previous posts but AUD/USD says that RBA may possibly be ending its tightening cycle. Potentially Hawkish Comments.
Speech Relese: http://www.rba.gov.au/
Forex News: RBA keeps rates unchanged at 7.25%
Posted by Greg Michalowski on Mon, 03/31/2008 - 10:54pm in
- INTEREST RATES ARE APPROPRIATE FOR THE TIME BEING
- RECENT INFORMATION SHOWS DEMAND IS MODERATING
- INFLATION SHOULD DECLINE OVER TIME
- GLOBAL FINANCIAL MARKET SENTIMENT REMAINS FRAGILE
- SHORT-TERM INFLATION LIKELY TO STAY RELATIVELY HIGH
- LARGE RISE IN TERMS OF TRADE LIKELY THIS YEAR
- TIGHTER CREDIT IS REDUCING PRESSURE ON INFLATION
- WORLD ECONOMY IS SLOWING
- CREDIT DEMAND HAS SLOWED SOMEWHAT
- FINANCIAL CONDITIONS HAVE TIGHTENED SUBSTANTIALLY
- BUSINESS AND CONSUMER SENTIMENT HAVE SOFTENED
Analysis: With the stock market declining (the All Ordinaries Index has fallen 16 percent in three months), consumer and business confidence down and higher mortgage rates that average 81 basis points higher this ye
Economic Calendar
