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Showing 91 - 100 of 326 results for "Official Cash Rate"

Chief economist update: How would you vote if seated on the RBA board?

BENJAMIN ONG  |  TUESDAY, 5 MAR 2019
... expect the RBA to do nothing this month but expectations further out have changed from steady to a cut in the official cash rate, with the Australian central bank itself just recently changing its policy bias from tightening to neutral. Note, Westpac ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... behind the Reserve Bank of New Zealand's (RBNZ) decision - as explained by Governor Adrian Orr - to keep the official cash rate unchanged at 1.75% after its February 13 monetary policy deliberations. That's A-OK. Financial markets were expecting ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... statement, explaining the rationale behind the Australian central bank's record 30th month to keep the official cash rate unchanged at a record low 1.5% after the conclusion of its first board meeting for 2019. While Lowe acknowledged that "the central ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... first monthly monetary policy meeting for 2019 tomorrow. Market expectations and odds are they'll keep the official cash rate unchanged at a record low 1.5%. And they will! The $64 million question is what the RBA will do next. According to Westpac ...

Chief economist update: Don't buy now, Australian property will be cheaper

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2019
... joining AMP Capital and Industry Super Australia in predicting that the RBA's next move would be a cut in the official cash rate. The change in the outlook is due to Capital Economics' expectation that the downturn in the Australian property ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
... monetary policies on ice. The same expectations go for the Reserve Bank of Australia (RBA) - it would keep the official cash rate at a record low 1.5% steady in 2019 before lifting them in 2020 (if at all). The recent decline in crude oil prices reflects ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... rule in calculating the "appropriate level" of nominal interest rates in Australia, the Taylor Rule says, the official cash rate should be at 1.375%.

Chief economist update: Thanks for nothing

BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2018
... earn 2.25% (currently) than in euros (0% repo rate) or the yen (-0.1% discount rate) or even Australia (1.5% official cash rate). However, the Fed's one-eyed focus on growth is increasing the risk of a policy mistake. More so, because gangbusting ...

Chief economist update: The Middle Kingdom's middling growth

BENJAMIN ONG  |  TUESDAY, 6 NOV 2018
... many odds on the various horses running in the Cup but there's only one on the RBA: It'll keep the official cash rate unchanged at 1.5% - as it was last month, last year and going all the way back to the first Tuesday of August 2016 when it dropped ...

Chief economist update: Australia's low(er)-flation

BENJAMIN ONG  |  THURSDAY, 1 NOV 2018
Will the next move in the official cash rate, as Reserve Bank of Australia (RBA) Governor Philip Lowe put it, likely "be up, rather than down"? To answer this, we have to look at the RBA's mandate of full employment and meeting an "agreed medium-term ...