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Central Banks

RBA hints at September cut

Ric Battelino, the deputy governor at the Reserve Bank of Australia, on Thursday gave the central bank's strongest sign yet that it will cut rates at its next monetary policy meeting on 2 September.

RBA's Lowe on financial cycles

Proposals for banks to accumulate capital buffers in the good times might help smooth out the swings in the credit cycle, said Philip Lowe, an assistant governor of the Reserve Bank of Australia.

Real exchange rates and monetary policy

Reserve Bank of Australia, the Bank of Canada and the Bank of England pay close attention to real exchange-rate movements, while the Reserve Bank of New Zealand does not, new research from the Bank of Canada finds.

Botswana to continue tightening

The Bank of Botswana will maintain its restrictive monetary policy, Linah Mohohlo, the governor of the central bank, said in the opening remarks to the mid-term monetary policy statement.

Dollar pegs should be reconsidered: King

Mervyn King, the governor of the Bank of England, warned on Wednesday that it would become "increasingly important" for countries to discuss abandoning their dollar pegs in the coming years.

RBA looking to lower rates

The Reserve Bank of Australia has reiterated that it will soon cut its key rate, now at a 12-year high, on signs that high borrowing costs are now curbing domestic demand.

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