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Showing 1581 - 1590 of 2024 results for "RBA"

Weak growth confirms RBA cut

BENJAMIN ONG  |  THURSDAY, 4 SEP 2008
... in the economy to 2.7 per cent from 3.3 per cent in the March quarter. The details of the National Accounts show what the RBA fears the most. Dearer petrol and basic commodity prices, higher rental and mortgage rates and declining asset markets are having ...

One down, more to follow?

BENJAMIN ONG  |  WEDNESDAY, 3 SEP 2008
The Reserve Bank of Australia (RBA) delivered on market expectations and cut the official cash rate by 25 basis points to 7.0 percent. The ink on the RBA's decision has barely dried but markets were at it again, expecting another quarter of a percent ...

Today's the day

BENJAMIN ONG  |  TUESDAY, 2 SEP 2008
The Reserve Bank of Australia (RBA) will convene its monthly Board meeting at 9:30 AM today. By 2:30 PM, financial markets will either get confirmation or disappointment on several weeks of speculation that the RBA will lower the official cash rate ...

Three steadies and a cut

BENJAMIN ONG  |  MONDAY, 1 SEP 2008
... 2008) Four of the world's major central banks will hold monetary policy meetings this week. The Reserve Bank of Australia (RBA), The Bank of Canada (BoC), the Bank of England (BoE) and the European Central Bank (ECB) will each decide their respective ...

Rate cut? maybe not

BENJAMIN ONG  |  FRIDAY, 29 AUG 2008
... turmoil in the credit markets and the weakening global economy. However, instead of completely hosing down speculation for an RBA rate cut next week, financial markets merely toned down expectations from a 'likely' 50 basis point cut this year to only ...

Market Wrap - Morning

AAP  |  FRIDAY, 29 AUG 2008
... Exchange, the September share price index futures contract was up 83 points at 5,144. Today, the Reserve Bank of Australia (RBA) financial aggregates data for July and the Housing Industry Association of Australia new home sales data for July will be ...

A$ backpedals

BENJAMIN ONG  |  WEDNESDAY, 27 AUG 2008
... typically considered as the rate that marks a global recession. Mounting market conviction that the Reserve Bank of Australia (RBA) is poised to lower interest rates in a week's time, combined with the US Federal Reserve's steady to tightening bias ...

Dovish RBA minutes

BENJAMIN ONG  |  FRIDAY, 22 AUG 2008
As expected, the minutes of the Reserve Bank of Australia's monetary policy meeting held on 5 August reiterated earlier RBA comments suggesting that there is scope to lower interest rates given the slowdown in demand in the Australian economy. As with ...

Market Wrap - Midday

AAP  |  THURSDAY, 21 AUG 2008
... National Australia Bank dipped 42 cents, or 1.74 per cent to $23.68 after telling the market that it would cut rates if the RBA moved first. ANZ fell 30 cents, or 1.87 per cent to $15.73, but Westpac dropped 59 cents, or 2.64 per cent to $21.78. Westpac ...

Lower, higher, steady

BENJAMIN ONG  |  THURSDAY, 21 AUG 2008
... leading index points to a slowdown in the Australian economy in the coming months, confirming the Reserve Bank of Australia's (RBA) comments in the minutes of its 5 August Board meeting. The annual rate of growth in the leading index has decelerated ...