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Showing 261 - 270 of 2470 results for "Monetary"

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... he presents the next Budget in October. "The RBA has also started increasing rates, suggesting that its accommodative monetary policy will be tightened gradually. "We now lower our 2023 growth forecast to 2.3% (earlier: 2.7%; RBA: 2.0%), to account for ...

US Fed indicates several more half-percentage rate rises

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... inflation. "The problem is compounded when it starts from a long way back coming off a period of historically high levels of monetary stimulus and where "aggressive" counts as getting the real policy rate back close to zero," he said.

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... "Most importantly, the bank will continue to be able to maintain effective control over the cash rate as it withdraws monetary policy stimulus in the period ahead."

Yellen forebodes stagflation risks

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... chance of such an event materialising, Yellen maintained that while the US had inflation, the Federal Reserve's tightening monetary policy was addressing recession concerns. "I don't expect the US to fall into recession; I think Europe is perhaps a bit ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... over a decade. The decision to raise rates 25 basis points to 0.35% came as the RBA sought to withdraw the extraordinary monetary support afforded to Australians during the pandemic and to tame swelling inflation figures. In a statement about the decision ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... picking up. Given this, and the very low level of interest rates, it is appropriate to start the process of normalising monetary conditions." The central bank has also increased the interest rate on Exchange Settlement balances from 0% to 0.25%. Lowe ...

Australian economy outperforms: Austrade

CHLOE WALKER  |  WEDNESDAY, 27 APR 2022
... largest economy in 2023, according to data highlighted in Austrade's latest report. The data, sourced by the International Monetary Fund (IMF), also suggests that nominal GDP will be around $2.4 trillion. "Australia is home to just 0.3% of the world's ...

US stocks crumble after Jerome Powell's hawkish comments

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
... the SP500 index fell 2.61% after Federal Reserve chair Jerome Powell flagged aggressive rate hikes. At an International Monetary Fund panel discussion, Powell said: "It is appropriate, in my view, to be moving a little more quickly." He added: "I would ...

Credit market outlook strong: ABDO

CHLOE WALKER  |  WEDNESDAY, 30 MAR 2022
... central banks will ultimately hold the keys to investment success. "This year, central banks will be mindful of the impact monetary tightening and rising interest rates will have on the global economy," he said. "Investors should expect inflation to ...

US, UK hike interest rates

ELIZABETH MCARTHUR  |  FRIDAY, 18 MAR 2022
... Bank of England since December. For the first time, rates in the UK are now at a pre-pandemic level. The Bank of England Monetary Policy Committee said the invasion of Ukraine by Russia has led to further large increases in energy and other commodity ...