03-03-2009, RBA meeting: INTEREST RATE UNCHANGE

丹儿

RT

At its meeting today, the Reserve Bank Board decided to leave the cash rate unchanged at 3.25 per cent.

[ 本帖最后由 丹儿 于 2009-3-3 14:35 编辑 ]

cooler

失望。

jialiren

澳币还跌不？

excite

这就是有人欢喜有人愁，贷款和换进澳币的失望，存款的和换出澳币的安心一些。

丹儿

现在小涨了几十分：）

jialiren

http://www.rba.gov.au/MediaReleases/2009/mr_09_05.html

MEDIA RELEASE
No: 2009-05
Date: 3 March 2009
Embargo: For Immediate Release
   

STATEMENT BY GLENN STEVENS, GOVERNOR
MONETARY POLICY
At its meeting today, the Board decided to leave the cash rate unchanged at 3.25 per cent.

Recent data confirm that the world economy has remained very weak following the sharp decline in demand that occurred late last year. The major industrial economies reported large contractions in output in the December quarter, as did a number of emerging market economies across Asia and eastern Europe. Many countries are likely to be experiencing further falls in output in the current quarter.

Conditions in global credit markets have improved since November, but sentiment remains fragile. Share prices have weakened and banking systems in several major countries are still under pressure, as authorities work towards a resolution of the balance-sheet problems. Significant macroeconomic policy stimulus is being put in place around the world, but it is too soon to see the effects of those measures.

In Australia, demand has not weakened as much as in other countries and, on the basis of currently available information, the Australian economy has not experienced the sort of large contraction seen elsewhere. The Australian financial system remains strong and the monetary policy transmission process is working to deliver large reductions in interest rates to end borrowers. Nonetheless, economic conditions are clearly weak, and given the speed and scale of the global economic deterioration and its effect on confidence, weak conditions are likely to continue in the near term. Inflation is likely to decline over time.

In response to that outlook, there has already been a major change in both monetary and fiscal policy. Market and mortgage rates are at very low levels by historical standards and business loan rates are below recent averages, reducing debt-servicing burdens considerably. Together with the substantial fiscal initiatives, the cumulative decline in interest rates will provide significant support to domestic demand over the period ahead. On this basis, notwithstanding evident economic weakness at present, the Board judged that the stance of monetary policy was appropriate for the moment. The Board will consider the position again at its next meeting.


Enquiries:
   
   
Dr Malcolm Edey
Assistant Governor (Economic)
Reserve Bank of Australia
SYDNEY
Dr Guy Debelle
Assistant Governor (Financial Markets)
Reserve Bank of Australia
SYDNEY

        
Phone: +61 2 9551 8800  Phone: +61 2 9551 8200
        
Media Office
Information Department
Reserve Bank of Australia
SYDNEY     
        
Phone: +61 2 9551 9720     
Fax: +61 2 9551 8033     
E-mail: rbainfo@rba.gov.au

jialiren

原帖由 丹儿 于 2009-3-3 14:46 发表
现在小涨了几十分：）

不错啊

jialiren

一般都认为这次至少要降0.25，嗨想不到竟然什么也不动。只好等下个月了

丹儿

2点左右还是0.6330对USD，现在0.6410啦。