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qe
Latest news and analysis on qe
Macro
May 18, 2022 10:39
Quantitative Tightening
Some "inside-baseball" monetary policy machinations were revealed by the RBA yesterday, which banks and other expert RBA watchers summarise as the central bank...
Christopher Joye
Coolabah Capital
May 18, 2022 10:39
Macro
January 26, 2022 14:05
It was clear the RBA needed to raise rates this year before the inflation data...
The RBA should continue to wind back the policy stimulus delivered during the pandemic when it meets next month. The RBA will stop buying government bonds and there is...
Kieran Davies
Coolabah Capital
January 26, 2022 14:05
Macro
November 15, 2021 09:19
The little known, $317bn to $430bn QE4 wave that will swamp QE3...
Folks are starting to turn their minds to what life looks like after the end of the RBA's bond purchase program. There's a fairly robust consensus that Martin Place...
Christopher Joye
Coolabah Capital
November 15, 2021 09:19
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Fixed Income
September 29, 2021 15:44
Time to taper all the taper talk
The market has become obsessed with the word ‘taper’, as it does with jargon from time to time, overusing a word from the Queen’s good English. As my writer wife...
Andrew Canobi
Franklin Templeton
September 29, 2021 15:44
Macro
September 12, 2021 06:33
RBA increases QE3 stimulus by 40 per cent
In the AFR I write that after months of debate about whether the Reserve Bank of Australia would increase or decrease its stimulus in recognition of the COVID-induced...
Christopher Joye
Coolabah Capital
September 12, 2021 06:33
Fixed Income
September 10, 2021 15:18
Big news for government and bank bond markets: APRA shuts down $139 billion Committed Liquidity Facility, forcing banks to buy government bonds
There has been very big news today for both the government and bank bond markets in what would have come as a significant shock to the banking system and almost all...
Christopher Joye
Coolabah Capital
September 10, 2021 15:18
Macro
September 08, 2021 06:29
RBA gets third time lucky with dovish taper implying $147bn of QE buying
After two consecutive months of surprises provoked by the RBA trying (unsuccessfully) to shift from its prior posture of data-dependent "nowcasting" to boldly...
Christopher Joye
Coolabah Capital
September 08, 2021 06:29
Macro
August 25, 2021 13:07
Is the RBA taper vs non-taper decision a non-event for September?
The RBA "taper vs non-taper" decision for its bond purchase, or quantitative easing (QE), program will be resolved in September with many banks (eg, UBS, DB, CBA,...
Christopher Joye
Coolabah Capital
August 25, 2021 13:07
Macro
August 22, 2021 08:16
RBA taper, non-taper options
I don't want to get back into the speculation game of what the RBA does or does not do in September. I've covered this territory before --- with the surprising move...
Christopher Joye
Coolabah Capital
August 22, 2021 08:16
Macro
August 19, 2021 08:31
Economists again calling on RBA to adjust QE taper in light of recession
Interesting thoughts here from UBS on the RBA's QE program (see below), which reflects the emerging consensus, although I would personally like to secure some more...
Christopher Joye
Coolabah Capital
August 19, 2021 08:31
Macro
August 19, 2021 06:30
Four signals from the Fed you don't want to miss
COVID-19 has changed the world and the repercussions will be felt in the bond market for several years. But the message from markets is murky, at best. We're at the...
Mia Kwok
Livewire Markets
August 19, 2021 06:30
Macro
August 13, 2021 05:11
Sophia Rodrigues gets the wobbles on QE3
There is one little-known RBA watcher who has got things more-or-less right of late: Central Bank Intel's Sophia Rodrigues. About one month before the RBA announced...
Christopher Joye
Coolabah Capital
August 13, 2021 05:11
Macro
July 22, 2021 07:06
Resilience and elasticity in the face of extreme adversity
My heart goes out to the many millions of individuals, families, and businesses staring down the barrel of extreme, lockdown-induced adversity across the country right...
Christopher Joye
Coolabah Capital
July 22, 2021 07:06
Macro
July 11, 2021 10:43
Lowe’s monetary policy revolution
In the AFR I write that in an important new speech on Thursday, RBA governor Phil Lowe confirmed that the central bank is grappling with the big macro questions that...
Christopher Joye
Coolabah Capital
July 11, 2021 10:43
Macro
July 08, 2021 15:40
Phil Lowe provides more detail on the length of QE program
In the Q&A following his excellent speech today highlighting a 3 point something NAIRU, RBA Governor Phil Lowe provided further nuance and detail around his QE...
Christopher Joye
Coolabah Capital
July 08, 2021 15:40
Macro
July 07, 2021 07:31
RBA's third bond buying program arrives and will likely be more than $100bn in size...
After months of anticipation, the RBA finally delivered on its third quantitative easing (QE) program. Way back on 5 February 2021, when Coolabah first forecast a $100...
Christopher Joye
Coolabah Capital
July 07, 2021 07:31
Macro
July 03, 2021 06:45
Open borders are the next big regime change
In the AFR today I write that a crucial new development in the COVID-19 debate has been State governments declaring their hands on when Australia should resist...
Christopher Joye
Coolabah Capital
July 03, 2021 06:45
Macro
June 12, 2021 15:53
Frydenberg’s miracle, saving AAA rating
In the AFR this weekend, I write that make no mistake, Treasurer Josh Frydenberg has pulled off a minor miracle saving Australia’s prized AAA credit rating, which has...
Christopher Joye
Coolabah Capital
June 12, 2021 15:53
Macro
June 04, 2021 15:53
AFR's John Kehoe confirms RBA's QE3 will likely be $135bn or more
In line with our analysis earlier in the week, the AFR's Economics Editor, John Kehoe, far and away the most accurate and precise RBA media conduit, has today...
Christopher Joye
Coolabah Capital
June 04, 2021 15:53
Macro
June 02, 2021 09:16
RBA sets up July to move to open-ended QE, likely exceeding $100 billion
The RBA has provided clear signalling that in July it will move to a new form of open-ended quantitative easing (QE) at the current run-rate of $5 billion of bond...
Christopher Joye
Coolabah Capital
June 02, 2021 09:16
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