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Showing 111 - 120 of 1457 results for "Monetary Policy"

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
The Bank of England's (BoE) Monetary Policy Committee has voted five to four to hold the policy rate steady at 5.25%, while unanimously agreeing to reduce the stock of UK government bond purchases by £100 billion over the next year. In halting a run ...

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... in light of the incoming economic and financial data, the dynamics of underlying inflation, and the strength of monetary policy transmission." It's a decision that GSFM investment strategist Stephen Miller agrees on. "Certainly, economic growth remains ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... unchanged at 4.1%, however, it flagged that inflation remains too high. During governor Philip Lowe's last monetary policy meeting, the RBA said its reason for holding rates for the third consecutive month was to buy more time and further assess ...

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
The Reserve Bank of Australia is assessing how the economic effects of climate change may affect monetary policy, including the merits of flexible inflation targeting. Speaking at the Sir Leslie Melville Lecture in Canberra, future governor Michele ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... steadied the cash rate for the second month in a row. In leaving the base rate at 4.1%, the RBA signalled that its monetary policy strategy is finally working but warned the nation not to get too comfortable with its latest decision. The soaring interest ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... from early last year, the Federal Open Market Committee (FOMC) has maintained a firm approach towards tightening monetary policy, making the latest hike the 11th out of the 12 meetings held. "We have covered a lot of ground, and the full effects of our ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... stimulus at the onset of the global pandemic, in addition to supply chain bottlenecks, central banks tinkering with monetary policy and the invasion of Ukraine. Birt said many life policies are written based on step premiums. Despite the current backdrop ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... cash rate to be higher in the near term than it would be over the longer term, consistent with a contractionary monetary policy setting," it flagged. The board also acknowledged the flow on effects of tightening are yet to be observed and accepted it ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... what is potentially his last speech as governor, Lowe explained that while the government concluded that the RBA monetary policy framework is "fit for purpose," a changing landscape meant it would still need to pivot accordingly. "The world we face is ...

Next RBA boss to be picked in July: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
... that I take in fiscal policy and the governor, and the board explain and defend the decisions that they take on monetary policy, and that's appropriate." In the past, Chalmers has made it clear he isn't always in agreeance when it comes to rate ...