The RBA minutes of the July board meeting did not suggest any major shift in the RBA’s assessment of the domestic economy. Non-essential cookies are also used to tailor and improve services. AUD/USD may continue to retrace the decline from the 2020 high (0.7414) as the RBA Minutes suggest the central bank will rely on its current tools to support the economic recovery, and Governor Philip Lowe and Co. may stick to the sidelines after tweaking the Term Funding Facility in September as “m embers agreed that the Board’s policy package implemented in mid March was continuing to support the … I expect the RBA to hold the cash rate at its last meeting in 2020. The minutes for RBA’s July meeting affirmed that policymakers should leave the current monetary measures steady for a prolonged Friday, November 20, 2020 Contact Us Treasurer’s Report: Checking Acct: $11,659.48 Savings Acct: $8,553.30 6 month CD: $10136.51 7 month CD: (matures 7/29/20) … There have been wild swings in retail spending, increasing … RBA highlights risk of deeper coronavirus recession, but the Government can avert it . By business reporter Michael Janda. COVID-19 remains the dominant issue for global markets – the continuing surge in global and US coronavirus infections – the latter are running at more than 70,000 a day and heading higher, while over 14.2 million people have been infected worldwide. However, more caution entered the RBA’s rhetoric about the world economy. Minutes from the Carers' Ministerial Advisory Group meeting held on 2 July 2020. Skip to main content GOV.WALES uses cookies which are essential for the site to work. That will see the unemployment rate lift to 7.1 per cent from 6.9 per cent in September, but still shy of the most recent 7.5 per cent peak seen in July. The RBA board will keep its existing policy measures for now, its July meeting minutes show. Francesco Pesole . RBA data shows businesses did crystallise more loans in March, with business credit up 3.1 per cent month on month due in large part to companies pre-emptively drawing down on existing credit lines. Moreover, the RBA seemed to indicate inflation would need to be closer to the midpoint before … The bank on July … Approved Minutes – 9th July 2020 Approved Minutes – 9th July 2020 6th July 2020 Report for WPC meeting 9th July 2020 The kitchen roof on the Hall has now been repaired. July 20, 2020 2:00 AM UTC in News. Moreover, the RBA seemed to indicate inflation would need to be closer to the midpoint before changing the cash … The Australian dollar attempted to rally today after the release of monetary policy minutes from the Australian central bank and domestic macroeconomic data but failed and continued its crash to new multi-year lows. This article is Part 2 of a series. You can check the Meetings Calendar 2020 of the world’s leading Central Banks and the last Central Banks reports. If you are interested, you can find all the previous Monetary Policy reports (Press Release) on the Reserve Bank of Australia (RBA) website. July 20, 2020 Diary: Virus Spread, US Earnings, RBA Minutes. The minutes give a full account of the policy discussion, including differences of view. The Post Office commenced Friday sessions again from July 3rd. They also record the votes of the individual members … March 17, 2020 at 12:24 Australian Dollar by Vladimir Vyun. RBA Board Meeting - 7 July 2020; RBA Minutes - 16 June 2020; RBA Board Meeting - 2 June 2020; RBA Minutes - 19 May 2020; RBA Board Meeting - 5 May 2020; RBA Minutes - 21 April 2020; RBA Board Meeting - 7 April 2020; RBA Policy Decision - 19 March 2020; RBA Minutes - 17 March 2020; RBA Cash Rate Outlook - 3 March 2020; RBA Minutes - 18 February 2020; RBA Cash Rate Outlook - 4 … You find also the minutes. The minutes of the Reserve Bank of Australia meetings are published two weeks after the interest rate decision. American deaths topped 140,000 at the weekend … The minutes of the meeting held on 22 May 2020 were accepted as an accurate record with the following exceptions: • Page 11, point ff to read: ‘...although it was up to 30% false negative.’ • Page 15 point n to read: ‘...was recorded as decreasing by 249 from March to April on the register.’ • Page 17 point s remained outstanding, JLE to follow this up. 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