Reserve Bank of Australia (RBA) Monetary Policy Statement

Country:
Australia
AUD, Australian Dollar
Sector:
Money
Medium
Next Event Importance

Reserve Bank of Australia (RBA) Monetary Policy Statement is published quarterly. The statement presents the Bank's assessment of current economic conditions, inflation and production growth forecasts.

Statistical series and analytical notes are published for 3 to 6 most relevant topics. They are provided as separate text documents containing diagrams and data sheets, and are devoted to various topics: labor market, interest rate, political and economic conditions.

In addition, the RBA statement contains a general overview of domestic and external financial and economic conditions, as well as economic development and inflationary pressure forecasts. It also provides an assessment of the effectiveness of current monetary policy measures and an explanation of reasons for its change.

As a rule, the RBA statement does not cause fluctuations in the Australian dollar quotes.