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Showing 1021 - 1030 of 3653 results for "interest rates"

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... months) that the country's cash rate had been stuck at a record low 1.50%, and the longest stretch of unchanged interest rates at that. For sure and for certain, financial markets would hear what they expect to hear from Governor Philip Lowe and ...

Chief economist update: Not before we get a pay rise

BENJAMIN ONG  |  MONDAY, 6 AUG 2018
... next 6 -12 months" increased to 43% from 38% in December 2017. Wages is the key. The RBA won't be able to lift interest rates until growth in wages picks up lest it exacerbates the financial stress on households. The RBA knows this, it has said so ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
... marginal changes in the BOE's projections mask the underlying rationale behind the MPC's decision to raise interest rates this month, which is: "Although modest by historical standards, the projected pace of GDP growth over the forecast is slightly ...

Chief economist update: The BOJ kills off specs (for now)

BENJAMIN ONG  |  WEDNESDAY, 1 AUG 2018
... monetary policy regime is: "The Bank intends to maintain the current extremely low levels of short- and long-term interest rates for an extended period of time, taking into account uncertainties regarding economic activity and prices including the effects ...

Chief economist update: Boom in the USA

BENJAMIN ONG  |  MONDAY, 30 JUL 2018
... the core PCE price index - remained steady at 1.9% in the June quarter. Although it's not expected to move on interest rates at its 31 July-1 August meeting, the latest growth figures give the US Federal Reserve the green light if it decides to do ...

Chief economist update: ECB on track for exit

BENJAMIN ONG  |  FRIDAY, 27 JUL 2018
... that big question mark on the first rate hike in the current cycle: "The Governing Council expects the key ECB interest rates to remain at their present levels at least through the summer of 2019, and in any case for as long as necessary to ensure the ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... rather than down." But with the Australian labour market strengthening, the least harm would be for continued steady interest rates. This is affirmed by Lowe's words at the central bankers' conference in Sintra, Portugal: "I remain confident ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
... speculation that it would tweak its yield-curve control programme to allow for a more natural rise in long-term interest rates to alleviate the reduced profitability/losses among Japanese banks due to close to zero long term rates. That might be but ...

Chief economist update: A pretty picture of the labour market

BENJAMIN ONG  |  FRIDAY, 20 JUL 2018
... unsurprisingly triggered a little bit of RBA rate hike speculations. But hold your horses! Before the RBA raises interest rates, it has to be certain that inflation would rise and be sustained at its 2%-3% target. For this to happen, wages growth has ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... into overall inflation in the economy - should give the Fed some breathing space as it proceeds with normalising interest rates. Then again, maybe not. The CPI inflation report released overnight showed that upward pressure on consumer prices is gaining ...