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Showing 151 - 160 of 297 results for "Rate cuts"

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
... misallocation and asset mispricing and financial stability risks as we move forward." But if you think that's the end of RBA rate cuts, Lowe's statement promised that: "The board will continue to monitor developments in the labour market closely ...

Chief economist update: Thrilla in Osaka

BENJAMIN ONG  |  TUESDAY, 25 JUN 2019
... enough outcome. Talks of a trade deal in the dying months of 2018, as well as the Fed pause and later speculations of rate cuts, have propelled the S&P 500 index to a record high. But the reaction to the deal or no deal talks is more pronounced in China's ...

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
... accommodation. Many FOMC participants now see that the case for somewhat more accommodative policy has strengthened." Rate cuts here we come! While eight out of 17 Fed officials (majority) still sees rates on hold this year, this has come down from 11 ...

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
Speculation may be mounting over one or two Fed rate cuts (one, two or three for the RBA) going forward, but there are no such similar expectations for the Bank of Japan (BOJ). With the BOJ's policy rate currently at negative 0.1% and its "yield ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
... extrapolating the current economic and market dynamics to more rate rate reductions. I was about to join the more, more, more rate cuts camp until this weekend's A$ drubbing. Just think about the boost a cheaper currency brings to our exports - more ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
What do we want! More rate cuts! The depreciation in the A$/US$ exchange rate to as low as US$0.6902 immediately after the Australian Bureau of Statistics' (ABS) - from US$0.6949 a day earlier - released its 'Labour Force' report for May ...

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
... maintaining the current 2.25%-2.5% Fed funds rate dropped to a mere 4.9% (from 23.1% a week ago) and the probability of two rate cuts to 1.75%-2% have risen to 35.1% (from 26.8% a week earlier and 10.6% a month earlier). TARGET RATE (BPS) PROBABILITY(%) ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
... months later. That view is reflected in market pricing with cash rate futures now attaching a 100% probability of two rate cuts by October." And then, here's Vesna! Vesna Poljak - the Australian Financial Review 's (AFR) market editor - reports ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... week ago (before the tariff flare-up). The odds for a 25 bps rate reduction increased to 41.3% from 39.8%, and for two rate cuts, to 24.7% from 12.5%.

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
... executive Mick McCormack. At least, National Australia Bank chief executive Philip Chronican was more forthcoming: "Interest rate cuts would further squeeze bank margins, profits and lending capacity without doing much to boost the economy", as published ...