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Showing 141 - 150 of 343 results for "official cash rate"

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
No one expected the Reserve Bank of Australia (RBA) to raise or lower the official cash rate from its current 1.5% when its board met on the 4 July, but only a few expected the Australian central bank to follow its bigger overseas peers into a more ...

Economic growth slows to 1.7pct but not as bad as feared

BENJAMIN ONG  |  WEDNESDAY, 7 JUN 2017
... day's disappointing current account numbers). But only just. Even the Reserve Bank expected it when it kept the official cash rate steady at 1.5% after yesterday's board meeting. The RBA said: "Year-ended GDP growth is expected to have slowed in the ...

RBNZ on ice

BENJAMIN ONG  |  THURSDAY, 23 MAR 2017
... inflation expectations remain well-anchored at around 2 percent". Despite this optimism, the RBNZ kept the official cash rate unchanged at 1.75% at its March policy meeting as widely expected because of two reasons: The currency. The New Zealand central ...

Steady as she grows

BENJAMIN ONG  |  WEDNESDAY, 8 MAR 2017
As expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.5% -- where it had been since August last year -- while at the same time offering a positive outlook on the global and domestic economy. Not only has the RBA ...

In search of that elusive Australian animal spirit

BENJAMIN ONG  |  FRIDAY, 24 FEB 2017
... can't. I've allowed the horse to come to the water with cheap funding. I can't make it drink," he said. The RBA official cash rate was at 2.5% at the time. It has since been taken down a full 100 basis points to a record low 1.5%. Still, businesses aren't ...

RBNZ on steady

BENJAMIN ONG  |  THURSDAY, 9 FEB 2017
... steady while at the same time offering a positive assessment and outlook for the months ahead. The RBNZ left the official cash rate unchanged at 1.75% at the conclusion of its 9 February meeting, noting the improvement in the global outlook, "The recovery ...

RBA joins the bulls in central bank shop

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2017
... three big central banks - BOJ, Fed, BOE - that met last week, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.5% while at the same time offering a positive outlook on the global and domestic economy. According to the RBA ...

Low prices inflate RBA rate cut chances

BENJAMIN ONG  |  FRIDAY, 27 JAN 2017
... the RBA's concerns over adding more fuel to the overheated housing market, it would be justified to cut the official cash rate sooner rather than later. More so given the renewed strength in the Australian dollar - it's currently fetching US$0.7534 ...

Moody Aussies

BENJAMIN ONG  |  THURSDAY, 19 JAN 2017
... the month of May (8.5%) and August (2.0%) last year - the two months when the Australian central bank cut the official cash rate by 25 bps each.

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 7 DEC 2016
... in the ACT. Australia RBA policy decision As widely-expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at a record low 1.5% following its 6 December Board meeting which it deemed "consistent with sustainable growth in ...