Page 13 - August Board News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Australia's central bank may reverse policy taper decision - economists Reuters 15 hrs ago By Swati Pandey © Reuters/David Gray FILE PHOTO: Pedestrians walk past the main entrance to the Reserve Bank of Australia head office in central Sydney, Australia By Swati Pandey SYDNEY (Reuters) - Australia's central bank will likely reverse its decision to taper its bond buying programme if Sydney remains in a coronavirus lockdown when the board meets on Aug.3, economists at the country's top banks said on Tuesday. Earlier this month, the Reserve Bank of Australia (RBA) announce...

Masks will not be mandated at Crestview Monday, July 19, 2021 8:08 PM Crestview Superintendent Kathy Mollenkopf addresses the Board during the regular July meeting held Monday. (DHI Media/Sherry Missler) By Sherry Missler smissler@timesbulletin.com CONVOY — Crestview Superintendent Kathy Mollenkopf provided the Board with updates on several matters during the regular July meeting held Monday evening. One issue she touched upon concerned staff for the upcoming school year. She told the Board hiring was nearly complete but requested that Board members set aside...

MacroBusiness Access Subscriber Only Content By Gareth Aird, head of Australian economics at CBA Key Points: The July Board Minutes note that the decision to taper bond purchases from mid‑September was underpinned by the assessment that, “economic outcomes had been materially better than earlier expected and the outlook had improved.” The near term economic outlook has since deteriorated due to extended lockdowns in large parts of the country. We now expect the RBA Board to reverse the decision to taper the bond buying program from mid‑September if Greater Sydney and/or Victoria are s...

Message : Required fields SYDNEY (Reuters) - Australia's central bank will likely reverse its decision to taper its bond buying programme if Sydney remains in a coronavirus lockdown when the board meets on Aug.3, economists at the country's top banks said on Tuesday. Earlier this month, the Reserve Bank of Australia (RBA) announced it will trim its bond purchases from September to A$4 ($2.93 billion) a week from the current A$5 billion, citing better-than-expected economic outcomes. Since then, three of Australia's six states have plunged into a lockdown with the most populous city Sydney...

Westpac: Delta to drive Australian double-dip recession Bill Evans at Westpac with the note: Last week we released a preliminary assessment of the likely impact of the NSW lock down on GDP. We pointed out that: • We should assess the outlook from the perspective of earlier lockdowns where economies bounced back quickly once restrictions were eased. • Governments remain strongly committed to supporting households and businesses during restrictions. • Balanced against those positives will be the potential for an extended lockdown; a further tightening of restrictions; and risks that the h...