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Showing 251 - 260 of 1045 results for "Governor"

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... total, full-time and part time jobs appear to have hit bottom and are starting to accelerate. It gives credence to RBA governor Lowe's statement that "the Australian economy appears to have reached a gentle turning point". Another gentle nudge (or ...

Chief economist update: Brexit - the news that was

BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
... uncertainty has been removed (with or without a deal) and this time, backed by the UK Parliament at that. Bank of England (BOE) governor Mark Carney cares. In his speech at the BOE's Future of Inflation Targeting Conference in London, Carney remarked ...

Chief economist update: More jobs dull rate cut bets

BENJAMIN ONG  |  FRIDAY, 20 DEC 2019
... additions to total, full-time and part time jobs appear to have hit bottom and are starting to accelerate. The trend is RBA Governor Philip Lowe's friend. It gives credence to his statement that "the Australian economy appears to have reached a gentle ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
... official cash rate to a record low 0.75%; and the government tax rebates implemented in July. Five years earlier, then RBA governor Glenn Stevens declared that: "I've allowed the horse to come to the water of cheap funding, I can't make it drink" ...

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... in 10 quarters - from 2.7% in the previous quarter. But hey, that was the "ghost of Christmas (er, quarter) past". RBA Governor Lowe's still thinking happy thoughts - that of a "gentle turning point" in the economy. After all, Australian economic ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... to 1.7% in the year to the September quarter from 1.6% in the June quarter, justifying Reserve Bank of Australia (RBA) governor Philip Lowe's oft-repeated claim that, "the Australian economy appears to have reached a gentle turning point". Sadly ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... Speaking of which, these are the same parameters and predictions printed in the Statement of Monetary Policy (SoMP) and Governor Lowe's statement in November; the time when I pointed out that the fine print in the SoMP's forecast table contained ...

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... persistent weakness in household spending (due to the high level of household indebtedness), perhaps not. Former RBA governor Glenn Stevens had already spoke about this way back in 2014 (mind you, that was before Trump and his trade wars and after he ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... would be the lower bound (before QE). In his outing at the Australian Business Economists' conference last night, RBA Governor Lowe couldn't be more explicit on how low the official cash rate could go: "Our current thinking is that QE becomes ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
... the need for fiscal policy help. About two weeks before the RBA made its first of three rate cuts in June this year, Governor Lowe told his audience at the Economic Society of Australia conference in Brisbane that: "In the event that the unemployment ...