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Showing 151 - 160 of 342 results for "official cash rate"

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 14 SEP 2016
Australia business confidence The Reserve Bank of Australia's (RBA) 25bps cut in the official cash rate to 1.50% in August helped lift the NAB business confidence indext from a reading of plus 4 in July to plus 6 last month - consistent with its long-term ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 12 AUG 2016
... of New Zealand (RBNZ) for its decision to cut interest rates a second time this year. The RBNZ lowered the official cash rate by 25 bps to a record low 2.0% after its 11 August Board meeting. It last lowered interest rates from 2.5% to 2.25% back in ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 11 AUG 2016
... further. Recall that the RBA flagged the easing in the home lending market as among its reasons for lowering the official cash rate earlier this month. Japan machinery orders At last, some rare good news out of Japan. Machinery orders jumped by 8.3% ...

K2 hurt by Brexit call

DARREN SNYDER  |  WEDNESDAY, 10 AUG 2016
... 13% in June also had an impact on K2's performance. Neal said K2 expected the US Federal Reserve to lift its official cash rate in December 2015, however it did not expect the People's Bank of China to then devalue the Yuan against the US dollar and ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 10 AUG 2016
... quarterly rate. Business confidence is expected to improve in coming months as the RBA's 25 basis point cut in the official cash rate to 1.5% on the 2nd of August (announced after the survey) filters through into the economy. US non-farm productivity ...

Central bank Olympics - the race is on

BENJAMIN ONG  |  MONDAY, 8 AUG 2016
... institutions". Unlike the BOJ, the Reserve Bank of Australia (RBA) did not blame Brexit for its decision to lower the official cash rate to a fresher low of 1.5% when its Board met on the 2nd of August. Below-target inflation is RBA's problem - headline ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
RBA on hold As widely expected, the Reserve Bank of Australia (RBA) left the official cash rate unchanged at a record low 1.75% following its 5 July meeting. The RBA statement revealed that the Australian central bank sees continued growth in the global ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 JUL 2016
... private sector credit provides a first look at the impact of the Reserve Bank of Australia's (RBA) cut in the official cash rate from 2.0% to 1.75% on the 3rd of May. Total private sector increased by 0.4% in the month of May, down slightly from April's ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 23 JUN 2016
... at its 5 July meeting - "barring the outside chance of 'Brexit' risks coming to pass" - before cutting the official cash rate by 25 bps at its 2 August meeting after the CPI report - out on 27 July - confirms that inflation remains below target. US house ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 16 JUN 2016
... confidence fell by 6.9% in June 2015, reversing the 6.4% jump in May that was prompted by the RBA's reduction in the official cash rate from 2.25% to 2.0% that month. The same thing happened in February last year. Consumer confidence jumped by 8.0% in ...