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


Japan’s Rising Inflation Strengthens Case for a Near-Term BOJ Rate Hike
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens
BOJ’s Noguchi Calls for Cautious, Gradual Interest Rate Hikes to Sustain Inflation Goals
RBA Signals Possible Rate Implications as Inflation Proves More Persistent
Canada Stocks Steady as Markets Await Fed and BoC Decisions
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut
Fed Officials Split as Powell Weighs December Interest Rate Cut
BOK Expected to Hold Rates at 2.50% as Housing and Currency Pressures Persist 



