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Showing 91 - 100 of 223 results for "RBA Governor"

Chief economist update: More jobs dull rate cut bets

BENJAMIN ONG  |  FRIDAY, 20 DEC 2019
... additions to total, full-time and part time jobs appear to have hit bottom and are starting to accelerate. The trend is RBA Governor Philip Lowe's friend. It gives credence to his statement that "the Australian economy appears to have reached a gentle ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
... 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 declared that: "I've allowed the horse to come to the water of cheap funding, I can't make it drink" ...

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... in 10 quarters - from 2.7% in the previous quarter. But hey, that was the "ghost of Christmas (er, quarter) past". RBA Governor Lowe's still thinking happy thoughts - that of a "gentle turning point" in the economy. After all, Australian economic ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... predicted single 25 bps reduction next year to keep the Australian dollar from appreciating versus the greenback. RBA Governor Lowe has already stated that 0.25% is the lowest the official cash rate could go. Quantitative easing here we come!

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... persistent weakness in household spending (due to the high level of household indebtedness), perhaps not. Former RBA governor Glenn Stevens had already spoke about this way back in 2014 (mind you, that was before Trump and his trade wars and after he ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... would be the lower bound (before QE). In his outing at the Australian 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 ...

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... output, there is an increase in output elsewhere in the economy of $2.9 million." That was on 7 March 2019, a day after RBA Governor Philip Lowe addressed the AFR Business Summit in Sydney on 'The Housing Market and the Economy', wherein which ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... Australia (RBA) rate reduction, they're too late. The only question that needs to be answered is how low would RBA Governor Lowe go? The more rate cut writings were splashed all over the wall since the last rate cut in October. Historically, the ...

Is EM an investor's saving grace?

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
... investors get to lower yields. "It is no secret the Reserve Bank of Australia has an easing bias. Seven years ago RBA governor Phillip Lowe said very low rates are nothing to aspire to, and yet here we are," Doyle said. "Australians, especially those ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... negative effect of low interest rates on the income and confidence of savers might be more significant." There was RBA governor Philip Lowe's statement at the International Monetary Fund (IMF) forum in Washington about his optimism over the domestic ...