Australia
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.
RBA holds but hints cut to come soon
The Reserve Bank of Australia kept rates at a 12-year high for the fifth-straight month on Tuesday but suggested that it could soon lower borrowing costs.
Australia's PM: banks must pass on RBA cuts
Kevin Rudd, Australia's prime minister, has urged the nation's banks to pass on the Reserve Bank of Australia's (RBA) rate cuts to consumers.
Australia's banks bulk up bonds
Australian banks increased their bond issuance in the first half of 2008 partly as precaution in case of the global financial turmoil worsening, said Guy Debelle, an assistant director of the Reserve Bank of Australia.
We must win public's trust: RBA's Stevens
Glenn Stevens, the governor of the Reserve Bank of Australia, has said that central bankers must contain inflation expectations regardless of whether recent rises in inflation are exogenous or endogenous.
Rates restraining demand: RBA
The Reserve Bank of Australia's rate-setting board believes rates, which it has held at a 12-year high of 7.25% since March, are beginning to restrain demand.
Community banks can thrive: RBA's Stevens
A role still exists for the community banking model, says Glenn Stevens, the governor of the Reserve Bank of Australia.
Interest rates in inflation-targeting countries
A new paper from the Reserve Bank of Australia examines whether long-term nominal interest rates in inflation-targeting economies are determined abroad.
Have Australian rates peaked?
The statement accompanying the latest monetary-policy decision of the Reserve Bank of Australia suggests that the central bank's long cycle of monetary tightening may be over.
RBA publishes payment systems reform responses
The Reserve Bank of Australia has released the public responses to its latest review of the reform of Australia's payments system.
RBA's Debelle on open market operations
The market turmoil of recent months makes it an opportune time give a speech on how Australia's central bank conducts its open market operations, said Guy Debelle, the assistant governor for financial markets at the country's Reserve Bank.
RBA justifies third-straight rate hold
Australia's monetary-policy makers concluded that, on current policy settings, the necessary moderation in demand growth was likely to occur and so left interest rates unchanged at 7.25% for the third meeting in a row.
RBA's Stevens negative on US and Aussie outlook
Both the United States and Australia face significant, but different, economic challenges, Glenn Stevens, the governor of the Reserve Bank of Australia, said on Friday.
RBA on why central banks tend towards Fed-set rate
Research by the Reserve Bank of Australia has uncovered why long-term nominal interest rates in a number of inflation-targeting small open economies have tended to be highly correlated with those of the United States.
Payment systems need more competition: RBA
The Reserve Bank of Australia remains concerned about the competitiveness of the country's payments system, despite improvements, said Philip Lowe, the assistant governor responsible for the financial system at the central bank.
Former RBA governor calls for inflation re-think
Bernie Fraser, a former governor of the Reserve Bank of Australia (RBA), says the central bank might have to re-think its use of interest rates to combat inflation if food and fuel prices continue to rise.
RBA suggests settlement system improvements
The Reserve Bank of Australia has unveiled a series of recommendations aimed at improving the settlement process of, and broader market functioning for, Australian equities.
Inflation targeting a dangerous fad, says Stiglitz
Joseph Stiglitz, the Nobel Prize-winning economist and Columbia University professor, has panned inflation targeting as a "fad" that could lead to economic disaster.
Discomfort over inflation led RBA to hold
Despite signs that domestic demand is weakening, Reserve Bank of Australia opted to leave rates at a 12-year high of 7.25% in May on the back of "uncomfortably high" inflation figures.
RBA appoints new assistant governor
The Reserve Bank of Australia has promoted Keith Hall to the position of assistant governor responsible for banking and payments.
Uncertainty makes rate path unclear: RBA
The overall impact of a number of opposing economic forces on demand and inflation in Australia is subject to considerable uncertainty, the country's Reserve Bank noted.
RBA's Broadbent wins third term
Jillian Broadbent, the only woman on the Reserve Bank of Australia's nine-strong rate-setting board, is to serve a third five-year term.
Australian inflation hits seven-year high
Australian inflation soared to its highest level since June 2001, raising expectations that the country's Reserve Bank will be forced to hike rates again next month.
RBA oultines changes for payment system
The Reserve Bank of Australia has announced a raft of recommendations for the country's payments systems industry aimed at enhancing competition.