Glenn Stevens
"Leaning against the wind" to rise - Stevens
Glenn Stevens, the governor of the Reserve Bank of Australia, expects the view that monetary policy should "lean against the wind" when asset prices are rising will gain in followers in the aftermath of the current market turmoil.
Australia slashes on signs of flagging demand
The Reserve Bank of Australia cut rates by a full percentage point for the second time in as many votes on Tuesday, saying that a dip in confidence was impacting demand.
Australia's point cut marks seven-year low
The Reserve Bank of Australia has slashed its key rate by a full percentage point to 4.25%, its lowest level since December 2001.
Australia slashes rates by 100 basis points
The Reserve Bank of Australia shocked markets on Tuesday, opting to cut its key rate by a full percentage point to 6%, the steepest margin since 1992.
RBA's Stevens: monetary policy and booms
The proposition that monetary policy should lean against asset price and credit booms is up for discussion again, said Glenn Stevens, the governor of the Reserve Bank of Australia.
Australia cuts on signs of slower growth ahead
The Reserve Bank of Australia lowered its key rate from a 12-year high on evidence that earlier hikes have succeeded in subduing 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.
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.
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.
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'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.
Crisis underlines importance of liquidity
The current credit crunch has shown how essential liquidity is to both markets and institutions, Glenn Stevens, the governor of the Reserve Bank of Australia, noted.
RBA's Stevens on the future of liquidity provision
It is likely that arrangements for providing liquidity will continue to be discussed, said Glenn Stevens, the governor of the Reserve Bank of Australia.
Ex-governor knocks RBA as rates hit 12-year high
Bernie Fraser, a former governor of the Reserve Bank of Australia, has spoken out against the decision to raise rates to a fresh 12-year high.
Australia raises rates to fresh high
The Reserve Bank of Australia's rate-setting board voted to raise rates 25 basis points to 7%, their highest level in over 11 years.
Australia's Stevens on new communication policy
Glenn Stevens, the governor of the Reserve Bank of Australia, on Tuesday emphasised the importance of the changes in the central bank's communication strategy.
Australia holds rates at 6.75%
The Reserve Bank of Australia's rate-setting board voted on Wednesday to leave its benchmark cash rate at 6.75%, an 11-year high.
Australia opts for rate rise
The Reserve Bank of Australia's rate-setting board voted on Wednesday to hike rates by 25 basis points to 6.75%, an 11-year high.
Australia to raise rates during election campaign?
Economists are convinced that Glenn Stevens will become the first governor of the Australian central bank to raise interest rates in the midst of an election campaign.
RBA's Stevens on Australia and financial markets
Recent events are putting financial systems to the test around the world, observed the governor of the Reserve Bnak of Australia at a speech in Sydney on Tuesday.
Reserve Bank of Australia - Annual Report 2007
Glenn Stevens, the governor of the Reserve Bank of Australia, presented his first annual report on Wednesday.
RBA's Stevens testifies to lawmakers
The Reserve Bank of Australia's governor, Glenn Stevens, and three senior officials were grilled on the impact of subprime, models used for forecasting and the prospects interest rates in an election year at this House of Representatives hearing.
Japan injects 1.2 trillion as Nikkei falls 5.4%
The Bank of Japan lent 1.2 trillion ($10.5 billion) to the markets Friday after draining 2 trillion Wednesday. The central bank's injection was made as market concerns over liquidity took the overnight lending rate above the central bank's 0.5% target.
Australia raises rates to 6.5%
The Reserve Bank of Australia has increased interest rates by 25 basis points in an attempt to ward off inflation.