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Showing 131 - 140 of 297 results for "Rate cuts"

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
... 0.75%. This is also in line with the NAB business survey that showed business confidence dropped after the RBA's rate cuts in June and July from +4 in July to +1 in August and 0 in September. The AICD survey also found that "70 per cent of respondents ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
Unless a positive shock emerges over the next few months, expect the RBA to continue lowering interest rates and the Morrison government to increase fiscal spending (but only after it's achieved having the Budget surplus immortalised on paper). ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... closer to the RBA's full employment aim of 4.5%. Speaking in Washington to the IMF, Lowe said that the central banks rate cuts and government tax cuts have been effective at supporting the domestic economy. "The economy has been through a very soft patch ...

ACCC to probe rate cut decisions

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
... to immediately establish an inquiry into the behaviour of Australia's banks when it comes to passing on interest rate cuts. Announcing the inquiry on this morning, Treasurer Josh Frydenberg said the probe was designed to ensure transparency and a ...

Chief economist update: Negative bang for RBA, government's buck

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
... indicating that the number of pessimists is increasing. Instead of lifting confidence, the RBA's relatively aggressive rate cuts appear to have done the opposite (as I feared). Include, too, my earlier rant that the Morrison government's tax ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
... up 1.1%; and Russell 2000 up 0.5%. Bad, bad news is good news! This is because it heightened speculations of more Fed rate cuts. The CME FedWatch Tool put the probability that the Fed funds rate would fall from the current 1.75%-2% to 1.5%-1.75% at the ...

Chief economist update: US recession on the cards

BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
... appears to have faded over the past few weeks, the yield curve has remained inverted, justifying views that the Fed's rate cuts in July and September weren't enough and expectations that it would cut by another 25 basis points at its October ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... meeting. At the end of the day and to quote Jerome: "If the economy does turn down, then a more extensive sequence of rate cuts could be appropriate. We are going to be highly data-dependent... We are not on a pre-set course." And this, ladies and gents ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
... meeting and keep them there through to the end of 2020. Bank of America Merrill Lynch is less sanguine, projecting three rate cuts of 25 basis points each this year - in September, October and December - before holding steady for the rest of next year. ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... subdued... for some time yet". Then again, the weaker A$ and the lagged stimulative effects of the RBA's back-to-back rate cuts in June and July could surprise us, Australians all, on the upside.