I noted earlier a couple of key speeches coming from the Reserve Bank of Australia this week
AUD traders note - RBA speakers on Tuesday 26 November 2019 - the two biggies
Deputy Governor Debelle speaks on "Employment and Wages" at 2350 GMT on Monday 25 November 2019
Lowe speaks on "Unconventional Monetary Policy: Some Lessons from Overseas" at 0905GMT on Tuesday 25 November 2019
Via ANZ, a what to expect from Lowe:
- We expect the talk to focus on the findings from a recent BIS paper on QE and expand on recent comments about why negative rates in Australia are unlikely.
- We also think Lowe will reiterate that unconventional tools are most effective when used together with a broader set of policies, like fiscal and prudential measures.