2230 GMT Australia weekly consumer confidence
ANZ/Roy Morgan survey
prior 108.0
- 0030 GMT Reserve Bank of Australia, Minutes of the December 2021 Monetary Policy Meeting of the Reserve Bank Board
- I wrote yesterday on the minutes :
These are unlikely to shed much new light given RBA Governor Lowe spoke after the meeting last week:
- RBA Governor Lowe repeats that in no hurry to raise interest rates
- RBA Gov. Lowe says not his job to target high house prices, higher rates not the solution
Long story short of those posts is Lowe once again pushed back on market pricing for interest rate rises in 2022.
Of significance though is Lowe did not mention 2024, which gives an indication that the RBA is now entertaining the possibility of a hike in 2023. Three QE options were raised by Lowe in his speech. Check out those linked for more.
0200 GMT New Zealand credit card spending for November
prior 8.4% m/m and 5.6% y/y
