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Showing 121 - 130 of 342 results for "official cash rate"

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 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 June 5 board meeting. Except for a few tweaks in the wordings here and there, RBA Governor Philip Lowe's statement ...

Chief economist update: New RBNZ Governor maintains old policy

BENJAMIN ONG  |  MONDAY, 14 MAY 2018
... New Zealand's monetary policy settings remained unchanged since the last 25 basis point reduction in the official cash rate from 2% to 1.75% way back in November 2016. As Governor Orr explained in his statement, this is because while "Economic growth ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... to get the same result. Only yesterday, when the Reserve Bank of Australia (RBA) met and decided to keep the official cash rate unchanged at 1.5%, it noted in its statement that: "An appreciating exchange rate would be expected to result in a slower ...

Chief economist update: RBA certain to raise interest rates

BENJAMIN ONG  |  THURSDAY, 12 APR 2018
Speculate no further, "the next move in the cash rate will be up, not down." Reserve Bank of Australia (RBA) Governor Philip Lowe cannot be more explicit about monetary policy direction than this when he addressed the Australia-Israel Chamber of Commerce ...

Chief economist update: Another five minutes of retail sunshine?

BENJAMIN ONG  |  FRIDAY, 6 APR 2018
... (ABS) released its latest report on retail spending and...it was good. The Australian central bank kept the official cash rate unchanged at 1.5% that day with the policy statement underscoring its optimism over the country's growth outlook: "The Bank's ...

Chief economist update: Next move in rates will likely be up, but it's not certain

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2018
... economic data These were reasons enough for both the ANZ and NAB to expect the Australian central bank to lift the official cash rate twice this year. In September 2017, the AFR printed that the ANZ "forecast the cash rate will be lifted by 0.25 percentage ...

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 ...