Central Bank Watch
Reserve Bank of Australia Leaves 2.75% Official Cash Rate
June 4, 2013
The released statement after this month’s Board meeting of the RBA called credit demand subdued and the Aussie dollar still high but did not add to the 200 basis points of ease since November 2011 including a cut of 25 basis points at the prior meeting in May. Instead, the “Board judged that the easier […] More
New Overnight Developments Abroad - Daily Update
Market Tone Aided by Some Supportive Data
June 4, 2013
Data released by the Bank of Japan reflect this quarter’s intensifying monetary easing. The central bank balance sheet had expanded to JPY 184.3 trillion by end-May from JPY 174.7 trillion at end-April and JPY 164.3 trillion at end-March. On-year growth in Japan’s monetary base (MB) accelerated to 31.6% in May from 23.1% in April, 15.2% […] More
