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Showing 161 - 170 of 342 results for "official cash rate"

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2016
... (RBA) kept domestic monetary policy settings steady at its 7 June Board meeting, announcing no change in the official cash rate which the central bank cut to a record low 1.75% at its 3 May meeting. "Taking account of the available information, and having ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 12 MAY 2016
... mainly a result of the Reserve Bank of Australia's (RBA) announcement of a 25 basis point reduction in the official cash rate to a record low 1.75% on the 3rd of May. The Westpac-MI survey was conducted in the week from 2 may to 7 May. All components ...

RBA envy

BENJAMIN ONG  |  MONDAY, 9 MAY 2016
... (RBA) surprise (well, to about half of the central bank's watchers at least) 25 basis point reduction in the official cash rate to a record low 1.75% on the 3rd of May following the "shock" domestic inflation numbers for the March quarter. Not only this ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 6 MAY 2016
... outlook on the economy and that we're it not for the "shocking" inflation report, it wouldn't have cut the official cash rate down to a record low 1.75% two days ago. The country's trade deficit narrowed to A$2.16 billion in March, down 29% from February's ...

Down, down prices are down

BENJAMIN ONG  |  THURSDAY, 28 APR 2016
... day's close of US$0.7749 after yesterday's CPI report increased the probability that the RBA would cut the official cash rate (currently at 2.0%) at its 3 May Board meeting from 14% to 50%. Sharp price drops in automotive fuel (down 10.0%) and fruit ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 20 APR 2016
... complicate progress in activity rebalancing towards the non-mining sectors of the economy." Expectations that the official cash rate would remain unchanged - because "Members judged that there were reasonable prospects for continued growth in the economy ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 19 APR 2016
... provides added scope for the New Zealand central bank to again cut interest rates. The RBNZ last reduced the official cash rate by 25 bps on the 10th of March to a record low 2.25%. The core inflation rate stood at 0.42% in the year to the March quarter ...

We've got the power and firepower (still)

BENJAMIN ONG  |  MONDAY, 14 MAR 2016
... anything but powerless. The Reserve Bank of New Zealand's (RNBZ) unexpected 25 basis point reduction that took the official cash rate down to 2.25% last Thursday (10th of March) sent the NZ$ down by 0.9% against the US dollar on the week for a total ...

RBNZ cuts rates, biased towards further easing

BENJAMIN ONG  |  THURSDAY, 10 MAR 2016
It was unexpected but not a total surprise. The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 25 basis points to 2.25% contrary to consensus expectations that the New Zealand central bank will keep interest rates unchanged after this ...

Another standout economic performance

BENJAMIN ONG  |  THURSDAY, 3 MAR 2016
... Australian Reserve Bank (RBA) to cut interest rates again - with some expecting another 25bps shaved off the official cash rate (currently at 2.0%) as early as May. Australia's better-than-expected economic scorecard killed these speculations, underscored ...