quick question (1 Viewer)

[someonehomebush]

What is RBA's current monetary policy stance?

 

[Bobbo1]

MILDLY contractionary

 

[DforDANNY]

Neutral. Cash rate is unchanged as of September 2011 at 4.75% since November 2010.

 

[krnofdrg]

Neutral. Cash rate is unchanged as of September 2011 at 4.75% since November 2010.

I sense a loosening in the cash rate pretty soon . ^^ above correct

 

[artosis]

sorry this is a bit offtopic
but is the RBA currently "jawboning"? (in a way)
ie; theyre are just saying they will raise interest rates (not saying they wont), so people will spend less now and save more. In effect it will negate the need to ACTUALLY raise the interest rates/cash rate in the future.

Not quite a "self fulfilling prophecy" but similar?

 

[DforDANNY]

http://www.rba.gov.au/media-releases/2011/mr-11-19.html