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Showing 41 - 50 of 326 results for "official cash rate"

Uncertainty remains for global outlook: TCorp

ELIZA BAVIN  |  THURSDAY, 30 JAN 2020
... said it expects the Reserve Bank of Australia to cut rates a further 50bps this year, which would bring the official cash rate down to 0.25%. Redican said TCorp does not expect a significant boost in Australia's fiscal stimulus, suggesting growth will ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... There's more bad news for us, Australians all. The Reserve Bank of Australia (RBA) will no longer cut the official cash rate by 25 basis points - to 0.5% - when it holds its first board meeting for 2020 on February 4. No Virginia, I didn't say ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... sentiment supports expectations for more RBA rate cuts. Then again, another one (or two) more reduction in the official cash rate from the current record low of 0.75% -- the RBA has explicitly stated it won't go to zero - might have the opposite ...

Chief economist update: Fundamentally overvalued

BENJAMIN ONG  |  FRIDAY, 17 JAN 2020
... maintain accommodative monetary policies. The Reserve Bank of Australia (RBA), for one, is expected to lower the official cash rate by at least another 25 basis points to 0.5% this year. This would certainly prompt many an Australian investor to reach ...

Chief economist update: More jobs dull rate cut bets

BENJAMIN ONG  |  FRIDAY, 20 DEC 2019
... therefore not surprising that financial markets have reduced their expectations that the RBA would cut the official cash rate by another 25 bps (to 0.5%) at its first meeting for 2020 (in February). However, the details of the report should cause pause ...

Chief economist update: Stock rally heralds 2020 cheer

BENJAMIN ONG  |  THURSDAY, 19 DEC 2019
... but it promised to act (if it becomes necessary). Even our very own Reserve Bank of Australia (RBA) cut the official cash rate three time this year - in June, July and October - to a fresh record low of 0.75%. Whether or not these policy decisions are ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
... - a month after the Reserve Bank of Australia (RBA) announced it third rate cut (in October) that took the official cash rate to a record low 0.75%; and the government tax rebates implemented in July. Five years earlier, then RBA governor Glenn Stevens ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
The Reserve Bank of Australia (RBA) disappointed no one when it kept the official cash rate unchanged at a record low 0.75% after the conclusion of its December 3 meeting. This is perfectly rational: Monetary policy operates with a lag - it takes about ...

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... getting in trouble now. Not only are Australian households not lifting their spending despite the drop in the official cash rate to a record low 0.75% but it's looking a lot like businesses aren't too. The Australian Bureau of Statistics' ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... Business Economists' conference last night, RBA Governor Lowe couldn't be more explicit on how low the official cash rate could go: "Our current thinking is that QE becomes an option to be considered at a cash rate of 0.25 per cent, but not before ...