Minutes of the February policy meeting of the Reserve Bank of Australia:
- AUD still above most estimates of fundamental value
- Board discussed case for waiting until March to cut rates
- Decided a February easing allowed additional early communication in the quarterly SoMP
- Lower a$ needed for economy, further sustained fall would lift growth and inflation
- Board noted a$ would be affected by monetary policy expectations at home and abroad
- Revival in non-mining investment necessary for above-trend growth, but confidence lacking
- Pick up in household consumption also needed, lower fuel prices to help offset soft wages
- Unemployment expected to peak later and little higher than previously forecast
- Spare capacity, productivity growth had lowered unit labour costs and inflation outlook
- Housing market would bear careful watching given rising prices, investment lending
- Uncertain on outlook for chinese property market, impact on commodity demand
Full text is here: Minutes of the Monetary Policy Meeting of the Reserve Bank Board


China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C.
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 



