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Showing 111 - 120 of 342 results for "official cash rate"

Chief economist update: Don't buy now, Australian property will be cheaper

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2019
... joining AMP Capital and Industry Super Australia in predicting that the RBA's next move would be a cut in the official cash rate. The change in the outlook is due to Capital Economics' expectation that the downturn in the Australian property ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
... monetary policies on ice. The same expectations go for the Reserve Bank of Australia (RBA) - it would keep the official cash rate at a record low 1.5% steady in 2019 before lifting them in 2020 (if at all). The recent decline in crude oil prices reflects ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... rule in calculating the "appropriate level" of nominal interest rates in Australia, the Taylor Rule says, the official cash rate should be at 1.375%.

Chief economist update: Thanks for nothing

BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2018
... earn 2.25% (currently) than in euros (0% repo rate) or the yen (-0.1% discount rate) or even Australia (1.5% official cash rate). However, the Fed's one-eyed focus on growth is increasing the risk of a policy mistake. More so, because gangbusting ...

Chief economist update: The Middle Kingdom's middling growth

BENJAMIN ONG  |  TUESDAY, 6 NOV 2018
... many odds on the various horses running in the Cup but there's only one on the RBA: It'll keep the official cash rate unchanged at 1.5% - as it was last month, last year and going all the way back to the first Tuesday of August 2016 when it dropped ...

Chief economist update: Australia's low(er)-flation

BENJAMIN ONG  |  THURSDAY, 1 NOV 2018
Will the next move in the official cash rate, as Reserve Bank of Australia (RBA) Governor Philip Lowe put it, likely "be up, rather than down"? To answer this, we have to look at the RBA's mandate of full employment and meeting an "agreed medium-term ...

Chief economist update: Keep one eye open on the housing market

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
... the Australian central bank at the conclusion of its board meeting. The RBA did not disappoint. It kept the official cash rate unchanged at the record low 1.5% - where it had been for 27 months (and counting) - as well as making only minor tweaks to ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
... take the fed funds rate up to 3.4% by then. On the other hand, the Reserve Bank of New Zealand (RBNZ) kept the official cash rate unchanged at 1.75% -- where it had been since November 2016. Not only that, RBNZ governor Adrian Orr said in his statement ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... banks saying "the risks are evenly balanced" - but Governor Adrian Orr's clarification that the current official cash rate (OCR) of 1.75 would remain "at this level through 2019 and into 2020" sparked a sell-off in the New Zealand dollar. The NZ ...

Chief economist update: Steady at 24 and counting

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2018
The Reserve Bank of Australia (RBA) didn't disappoint when it kept the official cash rate unchanged at a record low 1.5% following its 3 July board meeting. It has been 24 months now - the longest in recent history - that the official cash rate ...