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Showing 181 - 190 of 1003 results for "Cash rate"

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
The Reserve Bank of Australia (RBA) board increased the cash rate target by 25 basis points to 2.6%, driving domestic markets higher. Committed to returning inflation to the 2-3% range over time, the board affirmed that yesterday's increase in interest ...

RBA tipped for another rate rise

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
... Solomon's forecast. "Given Fed signalling, we now look for a 50bps tightening from the RBA in October, which would take the cash rate to 2.85% and policy settings into mildly restrictive territory," he said. "The RBA is projected to tighten again in ...

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
... anticipates the Reserve Bank of Australia will raise rates by 0.25% at each of its next three meetings, expecting a cash rate of 3.10% in December.

Montgomery, Aura Group launch new income fund

CHLOE WALKER  |  THURSDAY, 8 SEP 2022
... pool of Australian private debt assets including asset backed SME loans. The fund tracks the Reserve Bank of Australia cash rate and aims to return 3.5%-5.5% above it, net of fees and costs. Currently, the cash rate is 2.35%, equating to a current target ...

Challenger offers new fixed term annuity

CASSANDRA BALDINI  |  THURSDAY, 8 SEP 2022
... ability to offer competitive rate annuities, in an environment where the Reserve Bank of Australia is raising the official cash rate," he explained. "For many retirees and savers, this offer could be attractive, particularly when compared to other defensive ...

ASIC concerns see 18 funds update advertising materials

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022
... advertisements without sufficiently prominent warnings. It has also committed to no longer using the Reserve Bank of Australia cash rate as a benchmark after ASIC said it appeared inconsistent with the fund's assets and strategy. The other REs, trustees ...

RBA signals further interest rate rises

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... what's necessary to ensure inflation in Australia returns to target. At its meeting yesterday, the board increased the cash rate target by 50 basis points to 2.35%. "The further increase in interest rates today will help bring inflation back to target ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
According to Finder's RBA Cash Rate survey, 97% of economists and experts have forecast that the Reserve Bank of Australia (RBA) will increase the cash rate today. The survey found that almost two-thirds of respondents predicted a rise of 50 basis ...

QIC braces against recession risks

ELIZABETH FRY  |  FRIDAY, 12 AUG 2022
... starts cutting again in early 2023. "That sounds like a plausible scenario, but there are risks around the forecast of cash rate paths," she warns. "There is a risk that inflation is proving stickier than the consensus currently has priced, and the question ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... becoming entrenched is still high against the backdrop of a tight labour market." She predicts the Fed will hike the cash rate by 50bps or 75bps at its next policy meeting in September.