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Showing 211 - 220 of 238 results for "RBA Gov"

Thank you RBA

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2009
The RBA giveth and the RBA giveth again. Who would have thought that after two weeks of bad economic news here and abroad, the Reserve Bank of Australia would still have the nerve to say, 'she'll be right mate.' For this is exactly what the Australian ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 19 NOV 2008
The Australian sharemarket is expected to open higher after a late surge left Wall Street higher, recovering from being around two per cent down in late afternoon trading. At 0810 AEDT, the December Share Price Index futures contract on the Sydney Futures ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
This Week's Market Movers (15 - 19 Sep 2008) The market jubilation that followed the US Treasury's rescue of Fannie Mae and Freddie Mac early last week quickly faded as problems in Lehman Brothers, Washington Mutual and American International Group ...

Stagflation policy conundrum

BENJAMIN ONG  |  FRIDAY, 12 SEP 2008
Desperate times need desperate measures. The Reserve Bank of New Zealand (RBNZ) announced a surprise 50 basis point reduction in its benchmark interest rate as the domestic economy looks increasingly headed for a recession. With recession staring the ...

One down, more to follow?

BENJAMIN ONG  |  WEDNESDAY, 3 SEP 2008
The Reserve Bank of Australia (RBA) delivered on market expectations and cut the official cash rate by 25 basis points to 7.0 percent. The ink on the RBA's decision has barely dried but markets were at it again, expecting another quarter of a percent ...

All Eyes on the CPI

BENJAMIN ONG  |  WEDNESDAY, 23 JUL 2008
It will be a big day for the Australian financial markets today with the release of the CPI Report for the June quarter. Headline CPI is expected to show consumer prices rose by 1.3 percent in the quarter, matching the March quarter's rise. This will ...

Inflation outlook dim

BENJAMIN ONG  |  THURSDAY, 17 JUL 2008
Market Movers Overnight Soothing words from RBA Governor Glenn Stevens at the Anika Foundation Luncheon yesterday and declines in commodity prices overnight sent the Australian dollar down from a 25-year high of US$0.9784 to US$97.50. In his speech ...

Economy slowing down and speeding up

ALEX DUNNIN  |  TUESDAY, 17 JUN 2008
The just released minutes of last month's Reserve Bank Board meeting show that while the board believes the economy is slowing, the rising terms of trade is pushing the economy hard in the opposite direction. "Board members noted that the bulk of indicators ...

Pass the paracetamol

SUZY MAC  |  WEDNESDAY, 7 NOV 2007
As nabCapital's Robert Henderson puts it, "those post-Melbourne Cup day hang-overs are about to get a lot worse for mortgage holders", and there is still a good chance of more interest rate headaches over Christmas. The Reserve Bank of Australia in ...

Economic round-up: The great interest rate debate

SUZY MAC  |  MONDAY, 18 JUN 2007
Will they go up or won't they? In a speech in Brisbane last week, RBA Governor Glenn Stevens was careful but upbeat on the state of the economy, however the interest rate debate has continued unabated. To many, Steven's remarks were interpreted as "rates ...