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Showing 11 - 20 of 30 results for "May meeting"

Long pause likely from RBA: Economist

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... housing market for some time now and we think a lot of those effects are yet to flow through." In the lead-up to the May meeting, Bloxham highlighted two metrics the RBA will most likely leverage to make its decision. "They [the RBA] will get another ...

Rate rise exposes adviser knowledge gap

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
... industry, with a considerable number of financial advisers having only ever known a low inflation environment. At its May meeting, the Reserve Bank of Australia increased the cash rate from the historic low of 0.10% to 0.35% - the first rise in over ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... that inflationary pressures are starting to broaden should be enough for the RBA to start its rate hike cycle at its May meeting," he said. "Since inflation was below the lower end of the RBAs target band, there may be an assumption that the RBA would ...

US stocks crumble after Jerome Powell's hawkish comments

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
... moving a little more quickly." He added: "I would say that 50 basis point [rate rise] will be on the table for the May meeting."­ Inflation in the US is at a 40-year high, though inflationary pressures are not unique to the global powerhouse. Other ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... markets expected as much. This is because the Australian central bank has already provided forward guidance at its May meeting that July is the month to watch out for. "At its July meeting, the board will consider whether to retain the April 2024 bond ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... doesn't pick up after the government's furlough scheme ends on September 30 this year. But as the BOE warned at its May meeting, the economic outlook remains uncertain and depends on the "evolution of the pandemic". Cases of infection from the ...

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
... horribilis" but 2020 would be it. While the Bank of England (BOE) to keep monetary policy settings unchanged at its May meeting - the Bank Rate at a record low 0.1% and purchases at £645 billion - it's also predicting that Britain would experience ...

Frydenberg amends Corporations Act

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
... recovery phase," the Treasurer said. The announcement comes as approximately 290 ASX-listed organisations head into the May meeting season, as they struggle to juggle requirements laid out in the Corporations Act with those of COVID-19-related restrictions. ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... permanency of their future incomes. Still, the RBA could again disappoint June rate cut expectations as it did at its May meeting. This is because the recent AUD depreciation - a de facto easing - made it as if it already had. In addition, the ABS' ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
... to be needed for inflation to be consistent with the target", the board not only did not cut interest rates at its May meeting and also "judged it was appropriate to hold the stance of policy unchanged" at neutral. It appears the RBA's bias has tilted ...