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Showing 51 - 60 of 326 results for "Official Cash Rate"

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... rate cuts... but by how much more? Governor Lowe has already stated that, he doesn't intend to take the official cash rate to negative - for as experienced by other central banks, it creates new problems - so zero would be the lower bound (and then ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
When the Reserve Bank of Australia (RBA) met and decided to keep the official cash rate unchanged at 0.75% on November 5, Governor Philip Lowe issued this optimistic statement: "After a soft patch in the second half of last year, a gentle turning point ...

Chief economist update: RBA holds but for how long?

BENJAMIN ONG  |  WEDNESDAY, 6 NOV 2019
... Bank of Australia (RBA) governor Philip Lowe's words after the board decided to keep the country's official cash rate unchanged at 0.75% at its November 5 meeting. No central banker would go out and shoot his own foot, announcing to one and all ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... inflation has changed market expectations with regards to how low the Reserve Bank of Australia (RBA) will take the official cash rate. First things first; the ABS report showed that headline inflation edged up to 1.6% in the year to the September quarter ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... doomed, we'll never make it!" Speculation that the Reserve Bank of Australia (RBA) may have to take the official cash rate to zero or even negative and/or start printing Australian dollars suggests that this "Lucky Country's" luck may be running ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
... half. Note that the survey was conducted between 13 and 26 September 2019 - after the RBA has already cut the official cash rate by a total of 50 bps to 1.0% and before the October rate reduction to 0.75%. This is also in line with the NAB business survey ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... assume" further rate reductions. After all was said and done, the odds of another 25 basis point reduction in the official cash rate come Melbourne Cup Day on November 5 have dropped to just 16%. For sure, the RBA's minutes and the governor's ...

ACCC to probe rate cut decisions

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
... big banks and non-bank lenders, and will consider how those prices are determined, such as the impact of the official cash rate. The differences between rates paid by new and existing customers, and the disparity between reference interest rates and ...

Chief economist update: Negative bang for RBA, government's buck

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
... Taken after the Reserve Bank of Australia's (RBA) third interest rate reduction this year which brought the official cash rate to 0.75% and the Morrison government's July tax rebate, the latest Westpac-Melbourne Institute consumer sentiment survey ...

Chief economist update: US recession on the cards

BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
... October 1 when the Reserve Bank of Australia (RBA) cut interest rates for a third time this year - taking the official cash rate down to a record low of 0.75% (with markets expecting another one before 2019 is over - that practically drove investors ...