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Showing 111 - 120 of 326 results for "official cash rate"

Chief economist update: Australia low on credit

BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
Those still expecting the Reserve Bank of Australia (RBA) to raise the official cash rate - even at least once this year - may have to re-think their call. For sure, economic dynamics may change sometime down the road but given the current slowing trend ...

Don't time equity returns with interest rates: Research

KARREN VERGARA  |  MONDAY, 26 FEB 2018
... investors not to base investment strategies on this myth. The research analysed the relationship between the official cash rate, government bond yields and equity market returns. After analysing the S&P/ASX 300 index monthly returns, RBA cash rates changes ...

Chief economist update: Three minutes

BENJAMIN ONG  |  MONDAY, 26 FEB 2018
... depends on upcoming data. The minutes of the RBA meeting reveal that our central bank sees the next move in the official cash rate to be up, provided that the unemployment rate declines and inflation rises in line with its forecast. But data dependence ...

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
... predicting that the Reserve Bank of Australia (RBA) would maintain the status quo on monetary policy and keep the official cash rate at a record low of 1.5% for all of 2018 would be correct too. It kept policy unchanged at its 6 February meeting. Not ...

Chief economist update: Consumers don't spend on confidence alone

BENJAMIN ONG  |  THURSDAY, 18 JAN 2018
... perhaps the more direct cause was the Reserve Bank of Australia's (policy response), it continued to raising the official cash rate from what was then the all-time low of 3% in 2009 to 4.75% by the end of 2010 before it went on a rate cutting spree that ...

Down, down business conditions are down

BENJAMIN ONG  |  WEDNESDAY, 13 DEC 2017
... Economics team last month to which I added: This certainly doesn't fit with the current record low level of the official cash rate (1.5%) nor the current neutral stance in RBA monetary policy. The last time business conditions were nearly this lovely ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
... market expectations when it conducted its last board meeting for 2017. The Australian central bank kept the official cash rate where it had been since August 2016, at a record low 1.5%. The December statement on monetary was much like in the other months ...

Capex brings cheer

BENJAMIN ONG  |  FRIDAY, 1 DEC 2017
... Committee on Economics in his August 2014 testimony. His frustration was understandable for after taking the official cash rate from 4.75% in 2011 to 2.5% in 2014 in a succession of rate cuts, and then to 1.5% (where it is currently), and businesses' ...

Australian business conditions gone gangbusters

BENJAMIN ONG  |  WEDNESDAY, 15 NOV 2017
... confidence remains a bit of a puzzle." This certainly doesn't fit with the current record low level of the official cash rate (1.5%) nor the current neutral stance in RBA monetary policy. The last time business conditions were nearly this lovely (+20 ...

Time to start factoring in an RBA rate cut?

BENJAMIN ONG  |  FRIDAY, 6 OCT 2017
... about the ANZ and NAB's call for the RBA to remove at least the "emergency accommodation" that brought the official cash rate to a record low of 1.5%. If the recent trend in Australian consumer spending - or in this case, not spending - continues, we ...