Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 326 results for "Official Cash Rate"

Chief economist update: Keep one eye open on the housing market

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
... the Australian central bank at the conclusion of its board meeting. The RBA did not disappoint. It kept the official cash rate unchanged at the record low 1.5% - where it had been for 27 months (and counting) - as well as making only minor tweaks to ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
... take the fed funds rate up to 3.4% by then. On the other hand, the Reserve Bank of New Zealand (RBNZ) kept the official cash rate unchanged at 1.75% -- where it had been since November 2016. Not only that, RBNZ governor Adrian Orr said in his statement ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... banks saying "the risks are evenly balanced" - but Governor Adrian Orr's clarification that the current official cash rate (OCR) of 1.75 would remain "at this level through 2019 and into 2020" sparked a sell-off in the New Zealand dollar. The NZ ...

Chief economist update: Steady at 24 and counting

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2018
The Reserve Bank of Australia (RBA) didn't disappoint when it kept the official cash rate unchanged at a record low 1.5% following its 3 July board meeting. It has been 24 months now - the longest in recent history - that the official cash rate ...

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
The Reserve Bank of Australia (RBA) didn't disappoint when it kept the official cash rate unchanged at a record low 1.5% following its June 5 board meeting. Except for a few tweaks in the wordings here and there, RBA Governor Philip Lowe's statement ...

Chief economist update: New RBNZ Governor maintains old policy

BENJAMIN ONG  |  MONDAY, 14 MAY 2018
... New Zealand's monetary policy settings remained unchanged since the last 25 basis point reduction in the official cash rate from 2% to 1.75% way back in November 2016. As Governor Orr explained in his statement, this is because while "Economic growth ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... to get the same result. Only yesterday, when the Reserve Bank of Australia (RBA) met and decided to keep the official cash rate unchanged at 1.5%, it noted in its statement that: "An appreciating exchange rate would be expected to result in a slower ...

Chief economist update: RBA certain to raise interest rates

BENJAMIN ONG  |  THURSDAY, 12 APR 2018
Speculate no further, "the next move in the cash rate will be up, not down." Reserve Bank of Australia (RBA) Governor Philip Lowe cannot be more explicit about monetary policy direction than this when he addressed the Australia-Israel Chamber of Commerce ...

Chief economist update: Another five minutes of retail sunshine?

BENJAMIN ONG  |  FRIDAY, 6 APR 2018
... (ABS) released its latest report on retail spending and...it was good. The Australian central bank kept the official cash rate unchanged at 1.5% that day with the policy statement underscoring its optimism over the country's growth outlook: "The Bank's ...

Chief economist update: Next move in rates will likely be up, but it's not certain

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2018
... economic data These were reasons enough for both the ANZ and NAB to expect the Australian central bank to lift the official cash rate twice this year. In September 2017, the AFR printed that the ANZ "forecast the cash rate will be lifted by 0.25 percentage ...