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澳大利亚央行:将灵活地增加或减少每周债券购买量

Reserve Bank of Australia: flexibility to increase or decrease weekly bond purchases

新浪財經 ·  Jul 20, 2021 09:57

The minutes of the July meeting, posted by the RBA on its website, showed that given the high degree of uncertainty about the economic outlook, the committee agreed that the amount of bonds purchased each week should be increased or reduced flexibly in the future, depending on the state of the economy. rather than promising specific purchases over a period of time.

Recent outbreaks and blockades have brought more uncertainty, but the experience so far is that once the epidemic is brought under control and restrictions on epidemic prevention are relaxed, the economy will rebound quickly.

While inflation and wage growth are expected to pick up, it is likely to be a gradual and slow process.

The committee remains committed to maintaining a highly supportive monetary environment to help Australia restore full employment and bring inflation in line with the 2-3 per cent target.

Cash rates will not be raised until real inflation remains within the target range.

The bank's core forecast for the economy is that this condition will not be met until 2024.

Meeting this condition will require the labour market to be tight enough to generate much higher wage growth than at the time of the meeting.

The translation is provided by third-party software.


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