RBA: The monthly CPI indicator suggests that inflation has peaked in Australia
07.03.2023, 03:35

RBA: The monthly CPI indicator suggests that inflation has peaked in Australia

Following are the key headlines from the March Reserve Bank of Australia (RBA) monetary policy statement, via Reuters, as presented by Governor Phillip Lowe.

Resolute in its determination to return inflation to target.

Board expects that further tightening of monetary policy will be needed.

The monthly CPI indicator suggests that inflation has peaked in Australia.

Services price inflation remains high, with strong demand for some services over the summer.

Board is seeking to return inflation to the  2–3  per cent target range while keeping the economy on an even keel, but the path to achieving a soft landing remains a narrow one

Growth in the australian economy has slowed.

There is uncertainty around the timing and extent of the slowdown in household spending.

Household consumption growth has slowed due to the tighter financial conditions.

Uncertainties mean that there are a range of potential scenarios for the Australian economy.

Labour market remains very tight, although conditions have eased a little.

Wages growth is continuing to pick up in response to the tight labour market and higher inflation.

Recent data suggest a lower risk of a cycle in which prices and wages chase one another.

Board, however, remains alert to the risk of a prices-wages spiral, given the limited spare capacity in the economy and the historically low rate of unemployment.

  • AUD/USD plummets towards 0.6700 even as RBA lifts interest rate by 25 bps, Fed's Powell eyed

About RBA rate decision

RBA Interest Rate Decision is announced by the Reserve Bank of Australia. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik