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Showing 191 - 200 of 4298 results for "Bank of"

ANZ, Macquarie bring forward rate cut expectations

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... 2.3% in the 12 months to November 2024, but trimmed mean inflation came in at 3.2% - still tracking above the Reserve Bank of Australia's (RBA) target range of 2-3%. Similarly optimistic about the figures was Treasurer Jim Chalmers. Speaking at a press ...

Australian economy on the up in 2025: Vanguard

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... interest rates. Additionally, it predicts the core inflation rate will fall to 2.5% during 2025, and that the Reserve Bank of Australia's (RBA) cash rate will be lowered to 3.5% from the current 4.35% level by year end. Pointing to Wednesday's Consumer ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
... 2.3% in the 12 months to November 2024, but trimmed mean inflation came in at 3.2% - still tracking above the Reserve Bank of Australia's (RBA) target range of 2-3%. Speaking at a press conference after the inflation figures were released, Treasurer ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... inflation remains higher than CPI inflation as it removed large price falls for electricity and automotive fuel." The Reserve Bank of Australia (RBA) has said inflation needs to be "sustainably within the 2-3% target range". VanEck head of investments ...

Chalmers unveils new-look RBA boards

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
Treasury has appointed two new members to the Reserve Bank of Australia's (RBA) monetary policy board as well as announcing who will take on roles on the governance board. This comes after a review of the RBA suggested splitting to board in two ...

RBA 'paves way' for February rate cut

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
The Reserve Bank of Australia (RBA) surprised no one by leaving the official cash rate on hold at 4.35% at its final meeting of the year. While this was the ninth consecutive month the central bank has kept the cash rate steady, the decision was met ...

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
The Reserve Bank of Australia (RBA) will deliver its final interest rate decision today, with a hold predicted by most experts. The RBA has kept rates on hold at 4.35% all year, despite other global central banks having begun a rate cutting cycle. But ...

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... times, but it's not cheap." Oliver added that uncertainty remains around how much the US Federal Reserve, the Reserve Bank of Australia (RBA) and some other central banks will cut rates as core inflation is still not at target. "The risk of recession ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... consecutive quarter of negative per-capita GDP growth print. Ideally, this data at the very least should help the Reserve Bank of Australia (RBA) make a dovish pivot, but our hopes are slim on the bank's firm hawkish leanings. Keeping policy restrictive ...

Bullock hints at no rate cut in 2025

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Reserve Bank of Australia (RBA) governor Michele Bullock has reaffirmed the central bank's stance that interest rates are likely to stay higher for longer as sticky inflation persists. Speaking at a Centre of Economic Development (CEDA) dinner ...