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Showing 141 - 150 of 998 results for "Cash rate"

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... the central bank is confident inflation will come back to around 3% by mid-2025, he attributed the predicted drop to cash rate increases and said, "the strategy is working." Bloxham explained the figures are likely to provide the RBA some "ex-post justification" ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
Reflecting on the board's decision to increase the cash rate by 25 basis points to 3.85% last month, Reserve Bank of Australia (RBA) governor Philip Lowe says so far, the strategy is working. Lowe told the Senate economics committee this morning that ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... view is that the RBA is done at 3.85%. "Our central scenario is that we think that the Reserve Bank has peaked with its cash rate for now," he said. "Of course, there are near-term risks, that there could mean another rate hike, the RBA is particularly ...

VanEck launches US bond ETF

CHLOE WALKER  |  MONDAY, 15 MAY 2023
... attractive opportunity for Australian investors to target the high yields of short dated US treasury securities given the RBA cash rate is lower." Currently, short-term treasury bond yields are higher than longer-term yields as an inverted yield curve ...

Absolute-return bond funds fail ambitious returns: Research

KARREN VERGARA  |  FRIDAY, 12 MAY 2023
... strategies. However, Morningstar found that the PM Capital Enhanced Yield, with a goal of achieving 1.5%-2% above the RBA cash rate via a low degree of volatility and minimal risk to its capital, is the only strategy that passed its heatmap test. "PM ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... economy, Commonwealth Bank's Gareth Aird tells Financial Standard. Some were stumped this week after the RBA sent the cash rate up another 25 basis points to 3.85% but, in a new podcast episode, Commonwealth Bank head of Australian economics Gareth ...

US Federal Reserve hikes interest rates

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... increase the policy rate," he said. The Federal Reserve hiking rates follows the Reserve Bank of Australia raising the cash rate to 3.85% earlier this week.

Reserve Bank raises cash rate to 3.85%

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2023
The Reserve Bank of Australia (RBA) has opted to increase the cash rate target to 3.85%. Meeting today, the RBA board chose to go with a 25 basis point increase, and also increased the rate paid on Exchange Settlement balances by 25 basis points to ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... Reserve Bank of Australia (RBA) meeting, economists are sharply divided on the outcome. Last month, the RBA held the cash rate steady at 3.6%. However, leading economists cautioned Australians not to discount the possibility of further rate hikes throughout ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... Miller attributed this to the desire for safety and the recent increases in the Reserve Bank of Australia's (RBA) cash rate. He explained that investors now feel they're getting some income return from term deposits, even if these returns mightn't ...