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Financial News: RBA Minutes On Tap For Tuesday

RBA Minutes On Tap For Tuesday

12/20/2021 - 17:30:00 (RTTNews)

(RTTNews) - The Reserve Bank of Australia will on Monday release the minutes from its December 6 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity.

At the meeting, Australia's central bank left its key interest rate unchanged at a record low of 0.10 percent. The board also voted to continue with the purchase of government securities at the rate of A$4 billion a week until at least mid-February 2022.

New Zealand will see November figures for credit card spending, with forecasts suggesting a decline of 2.1 percent on year following the 5.6 percent drop in October.

Hong Kong will provide November numbers for consume prices; in October, inflation was up 2.8 percent on month and 1.7 percent on year.

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