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Showing 141 - 150 of 1241 results for rba reserve bank australia

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
Having raised the cash rate earlier this month, the Reserve Bank of Australia (RBA) board has decided not to reinvest the proceeds from bonds as they mature from the bank's portfolio. This decision by the RBA is indicative of a new quantitative tightening ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... the cash rate target for the first time in over a decade. The decision to raise rates 25 basis points to 0.35% came as the RBA sought to withdraw the extraordinary monetary support afforded to Australians during the pandemic and to tame swelling inflation ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... Reserve Bank of Australia has raised the cash rate target by 25 basis points to 0.35%. Announcing the decision this afternoon, RBA governor Philip Lowe said the board determined the time is right to begin winding back the support put in place during ...

RBA weighs controversial pre-election rate rise

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
Just over two weeks before the federal election, the Reserve Bank of Australia (RBA) will make a decision on interest rates which could have huge political implications. At present, underlying inflation is well above the RBA's target band and most economists ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... Rabobank, the year-on-year increases to food prices were the largest in more than 10 years. The question is now whether the RBA will opt to raise rates in May, specifically next week. J.P. Morgan Asset Management global market strategist Kerry Craig ...

RBA eyes an early rate hike

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
Reserve Bank of Australia (RBA) minutes for April have strongly suggested that inflationary and wage growth developments have brought forward the likely timing of the first interest rate increase. Interest rates in Australia haven't been raised since ...

RBA names new deputy governor

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
... as an assistant governor since 2010. Bullock is currently assistant governor, financial system with responsibility for the RBA's work on financial stability and oversight of the payments system. Prior to this she served as assistant governor of business ...

Guy Debelle resigns from RBA

ELIZABETH MCARTHUR  |  THURSDAY, 10 MAR 2022
... will be taking on the role of chief financial officer for Fortescue Future Industries. He will depart his position at the RBA on March 16, and start in his new role in June. "I am honoured and privileged to have worked at the bank for the past 25 years ...

Chief economist: Is this a buy op?

BENJAMIN ONG  |  FRIDAY, 25 FEB 2022
... costs, exacerbated by the US dollar's appreciation (on safe-haven buying) - could force the Reserve Bank of Australia (RBA) by much more than expected. Financial markets expect the RBA to lift the official cash rate by as much as 100 basis points ...

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... the end of its quantitative easing programme. This was followed very, very soon after by the Reserve Bank of Australia's (RBA) decision to "discontinue the target of 10 basis points for the April 2024 Australian Government bond" at it's 2 November Board ...