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Showing 151 - 160 of 1003 results for "Cash rate"

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 ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... of Australia (RBA) target (2-3%), he believes that the rate hiking cycle has likely come to an end, as alluded to in cash rate futures. "This now looks nailed on to be a meeting where the cash rate remains unchanged," Evans said. However, VanEck portfolio ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... better outcomes for our members." Deloitte head of access economics Pradeep Philip added the core change to hand over cash rate control to the new board is a "significant departure" from the usual way of doing business at Australia's central bank ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... Australia, with the widely anticipated review putting forth 51 recommendations, with particular consideration given to how cash rate decisions are made. Released today, An RBA fit for future comes amid widespread criticism for the central bank's ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... decision to gather more information, it said. The minutes from its April 4 board meeting, where it decided to keep the cash rate at 3.6%, reveal the board extensively weighed economic impacts of both options. It said board members discussed the uncertainties ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... While positive, economists aren't convinced it's cause for the Reserve Bank of Australia (RBA) to look to increase the cash rate again in May following its pause this month. However, AMP deputy chief economist Diana Mousina says she expects the pause ...