Quantitative Easing will continue until 2022 and the RBA will own 38% of Australian Government Securities. More than the FED in the US and approaching Japan.
Tag: Reserve Bank
Property Surge Might Force the RBA to raise Interest Rates.
The RBA is extending it’s QE program, surprising no-one.
The RBA is following the FED with Australian Quantitative Easing Heading to the Moon.
The Banks have not passed on the Interest Rates Cuts for most Mortgage Holders.
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Negative Interest Rates are Irrational
#InterestRates #NegativeInterest #Recession Negative Interest Rates are irrational, let’s look at the Austrian perspective. References Negative Interest Rates are the Price We Pay for De-Civilization
#Unemployment #Underemployment #Recession Australia’s unemployment rate has risen in August to 5.3% despite the RBA’s hopes and dreams. References Unemployment keeps rising to 5.3 per cent in Augusthttps://www.abc.net.au/news/2019-09-19/unemployment-continues-to-rise-hitting-5.3-per-cent-in-august/
#Banking #Money #Economy The public is beginning to learn that private Banks are “printing” money out of thin air. References https://www.theaustralian.com.au/nation/politics/big-four-banks-just-creating-piles-of-money/news-story/c87faa72a76d3bd2143fe0d6b088186f
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Can the RBA Save the Economy?
RBA #AusPOL #CashRate Can the RBA save the Australian Economy? Does anyone still think they actually can? References ‘Four bullets left’ to save Economy https://www.news.com.au/finance/economy/australian-economy/four-bullets-left-to-save-economy/news-story/f79bd146f7e50b5b7f2c7d3faa84317c China second-quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen https://www.reuters.com/article/us-china-economy-gdp/china-second-quarter-gdp-growth-slows-to-27-year-low-as-trade-war-bites-more-stimulus-seen-idUSKCN1U90P5
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Consumer Confidence Drops
#Australia #AusPOL #Recession Consumer and Business confidence has dropped in Australia. Looks like back to back interest rate cuts didn’t fill people with confidence for some reason? Reference Consumers most pessimistic in two years, despite tax and interest rate cuts https://www.abc.net.au/news/2019-07-10/consumer-confidence-july-2019/11294948