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Showing 181 - 190 of 342 results for "official cash rate"

Falling cash rate puts gold in 'sweet spot'

LAURA MILLAN  |  WEDNESDAY, 6 MAY 2015
... uncertain," he added. The strategy makes sense also in Australia, Eliseo said, after the Reserve Bank lowered the official cash rate to a record 2%. "Long run data highlights that the average return on physical gold is over 20% per annum in years where ...

RBA cuts as expected, A$ does the unexpected

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2015
... calls correctly - the Australian central bank gave in and delivered a 25 basis point reduction, taking the official cash rate to a new record low 2.0% -- but I bet my bottom dollar not a single soul expected the A$ to do what it did. It 'ap'-preciated ...

May cut, may not

BENJAMIN ONG  |  MONDAY, 4 MAY 2015
Getting hot, hot, hot. Betting on whether the Reserve Bank of Australia (RBA) would take down the official cash rate from a record low 2.25% to a lower 2.0% following its May Board meeting tomorrow heats up. Bloomberg's latest survey says... 24 out ...

Now for Australia's debt surge

BENJAMIN ONG  |  THURSDAY, 16 APR 2015
... for the fourth consecutive month in March to a reading of 46.3. All these, in spite of the RBA lowering the official cash rate to a record low 2.0% (and is expected to lower it some more) and the A$ dropping from a high of US$0.9505 over the past 12 ...

Strike three

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2015
... he kept interest rates steady last month when consensus expectations were for a follow up 25 bps cut in the official cash rate. The RBA governor did again on the first Tuesday of this month - "...the Board decided to leave the cash rate unchanged at ...

The RBA not in full control of dollar-A

BENJAMIN ONG  |  THURSDAY, 2 APR 2015
... on 3 February (from US$0.7820 the day before) after the RBA's surprise announcement of a 25 bps cut in the official cash rate to 2.25% that day. However, despite majority expectations for a follow-up reduction in March, the A$ headed back up reaching ...

RBA rate cut: earlier and more

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2015
... space seven days ago. Yes Virginia, 'twas about the when the Reserve Bank of Australia (RBA) would next cut the official cash rate which it unexpectedly left unchanged at its March Board meeting after unexpectedly cutting it to a record low 2.25% at ...

Majority slammed (again), equities dunked, A$ fouled

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2015
... monetary policy at the previous meeting, it was appropriate to hold interest rates steady for the time being". The official cash rate remains at 2.25%. Gov Glen cut when the majority expected him not to and he didn't when the majority expected him to ...

I cut, you cut, I cut

BENJAMIN ONG  |  TUESDAY, 3 MAR 2015
... another child. It's coming! It's coming! Expectations that the RBA would deliver another 25 bps cut in the official cash rate - taking it down to a record low 2.0% from the previous record low - has the domestic equity market jumping with joy, sending ...

Fight or be beggared by the neighbours

BENJAMIN ONG  |  MONDAY, 2 MAR 2015
... of 29 economists expect the Reserve Bank of Australia (RBA) to follow-up February's 25 bps reduction in the official cash rate to 2.25% with another 25 bps cut. Quite a turnaround from only 6 out of 26 betting on a rate cut last month. "One bitten, twice ...