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Showing 171 - 180 of 2470 results for "Monetary"

Some explanations have missed the mark: Lowe

CASSANDRA BALDINI  |  FRIDAY, 8 SEP 2023
... years to return to four fixed points. "The importance of strong credible frameworks for economic policy, the benefits of monetary and fiscal policy coordination, the necessity of lifting productivity growth, and the need to pay attention to developments ...

Investing in research generates threefold economic output

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023
... "It's pleasing to see the recent impact assessment of ARC funded research measure more than just the direct economic or monetary benefits. When analysing the cost and benefits of support programs, there is a tendency to limit the economic impact to more ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... rates unchanged at 4.1%, however, it flagged that inflation remains too high. During governor Philip Lowe's last monetary policy meeting, the RBA said its reason for holding rates for the third consecutive month was to buy more time and further assess ...

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
The Reserve Bank of Australia is assessing how the economic effects of climate change may affect monetary policy, including the merits of flexible inflation targeting. Speaking at the Sir Leslie Melville Lecture in Canberra, future governor Michele ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... (RBA) steadied the cash rate for the second month in a row. In leaving the base rate at 4.1%, the RBA signalled that its monetary policy strategy is finally working but warned the nation not to get too comfortable with its latest decision. The soaring ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... Starting from early last year, the Federal Open Market Committee (FOMC) has maintained a firm approach towards tightening monetary policy, making the latest hike the 11th out of the 12 meetings held. "We have covered a lot of ground, and the full effects ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... government stimulus at the onset of the global pandemic, in addition to supply chain bottlenecks, central banks tinkering with monetary policy and the invasion of Ukraine. Birt said many life policies are written based on step premiums. Despite the current ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... tightness," the RBA said. Persistent inflation in advanced economies and central banks "unexpected or larger than expected" monetary tightening over the preceding month was also a key consideration. "The policy rate in Australia was still lower than ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... consumers, including reputational harm, in violation of Section 5 of the FTC Act and whether the Commission action to obtain monetary relief would be in the public interest." In response to the investigation, OpenAI chief executive Sam Altman said he ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... processes. In what is potentially his last speech as governor, Lowe explained that while the government concluded that the RBA monetary policy framework is "fit for purpose," a changing landscape meant it would still need to pivot accordingly. "The world ...