Glenn Stevens news

  • Consumer confidence hits eight month low by Julia Corderoy

    Consumer confidence hit an eight month low in the week leading up to the Reserve Bank’s cash rate announcement

  • Credit growth is moderating, says RBA govenor by Julia Corderoy

    The Reserve Bank governor has allayed concerns over growth in housing credit after the central bank left the cash rate unchanged yesterday

  • Has monetary policy lost its steam? by Julia Corderoy

    As the market bets on a further cut to the cash rate next month, the Reserve Bank of Australia has said monetary policy isn’t stimulating the economy the way it has in the past

  • RBA head hints at future rate cuts by Julia Corderoy

    The market is still betting on further cuts to the official interest rate, despite the RBA's decision to keep the cash rate on hold at 2.25% yesterday

  • Economist doubts macro-prudential tools will cool off housing by Julia Corderoy

    A prominent economist has said he doubts that macro-prudential tools will have any effect in containing the housing market in a low rate environment

  • RBA boss cautious rate cuts 'less effective' by Julia Corderoy

    The Reserve Bank has admitted concerns that low rates may have lost their firepower, following the board’s decision earlier this month to cut the official interest rate by a further 25 basis points