Nov 17, 2020. Images: Getty. The minutes for RBA’s July meeting affirmed that policymakers should leave the current monetary measures steady for a prolonged Friday, November 20, 2020 Contact Us RBA highlights risk of deeper coronavirus recession, but the Government can avert it . The minutes give a full account of the policy discussion, including differences of view. Minutes of the July 2020 Monetary Policy Meeting of the Reserve Bank Board The minutes are not indicating an RBA that is perturbed, they assess what is being done is enough. Economic Releases Calendar | CME Group Events Calendar | CME Expirations Calendar They also record the votes of the individual members … The minutes of the meeting held on 22 May 2020 were accepted as an accurate record with the following exceptions: • Page 11, point ff to read: ‘...although it was up to 30% false negative.’ • Page 15 point n to read: ‘...was recorded as decreasing by 249 from March to April on the register.’ • Page 17 point s remained outstanding, JLE to follow this up. However, more caution entered the RBA’s rhetoric about the world economy. We are opening just one toilet in the Pavilion for Footballers … July 21, 2020 Meeting Time: 12:30 p.m. Meeting Place: Milner Community Health Care Activity Center Members Present: 6 members present 1. … Next Meeting: Tuesday, August 4, 2020 … Authors. The RBA remained broadly comfortable with the outlook for the domestic and global economies. We have 2 more people interested in becoming Trustees. Reserve Bank of Australia Meeting Minutes Latest Release . There have been wild swings in retail spending, increasing … This article is Part 2 of a series. While the RBA is not expected to move policy rates any time soon, any insight into how the RBA is thinking with regards to potential policy measures down the track will be watched for closely. Robert Carnell. We will be having a meeting with them on 21st July. By business reporter Michael Janda. The minutes of the RBA meeting in July will also be released tomorrow. July 20, 2020 2:00 AM UTC in News. Moreover, the RBA seemed to indicate inflation would need to be closer to the midpoint before changing the cash … The RBA remained broadly comfortable with the outlook for the domestic and global economies. Other key indicators this week include the ABS preliminary release for retail sales for June. The Australian dollar attempted to rally today after the release of monetary policy minutes from the Australian central bank and domestic macroeconomic data but failed and continued its crash to new multi-year lows. By continuing to use this site, you agree to our use of cookies. COVID-19 remains the dominant issue for global markets – the continuing surge in global and US coronavirus infections – the latter are running at more than 70,000 a day and heading higher, while over 14.2 million people have been infected worldwide. If you are interested, you can find all the previous Monetary Policy reports (Press Release) on the Reserve Bank of Australia (RBA) website. RBA boss Philip Lowe says Australia's economy has 'turned the corner', but Government has more to do . However, the latest RBA minutes notes that some of this has “since been repaid”, and its data for May shows credit contracted by 0.6 per cent, only the fourth monthly contraction in the past seven years. A simple (RBNZ-style) … However, more caution entered the RBA’s rhetoric about the world economy. Action Lead Timescale Status Recommendations … The Reserve Bank of Australia released minutes of … RBA Board Meeting - 7 July 2020; RBA Minutes - 16 June 2020; RBA Board Meeting - 2 June 2020; RBA Minutes - 19 May 2020; RBA Board Meeting - 5 May 2020; RBA Minutes - 21 April 2020; RBA Board Meeting - 7 April 2020; RBA Policy Decision - 19 March 2020; RBA Minutes - 17 March 2020; RBA Cash Rate Outlook - 3 March; RBA Minutes - 18 February 2020; RBA Cash Rate Outlook - 4 … The RBA minutes of the July board meeting did not suggest any major shift in its assessment of the domestic economy. The RBA board will keep its existing policy measures for now, its July meeting minutes show.