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Showing 11 - 20 of 326 results for "Official Cash Rate"

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... reasons. The Reserve Bank of New Zealand (RBNZ) started proceedings at its 6 October meeting when it doubled the official cash rate from 0.25% to 0.5% -- the first rate hike since June 2014 - in order to "maintain low inflation and support maximum sustainable ...

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... June quarter (the lowest level since the September quarter of 2018. New Zealand's central bank raised the official cash rate to 0.5% from 0.25% following its October 6 board meeting, sending the Kiwi stock market down. The NZ Cap 50 index has declined ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
The Reserve Bank of New Zealand (RBNZ) kept the official cash rate unchanged at 0.25%, maintained the existing LSAP programme, and retained the existing Funding for Lending Programme (FLP) conditions at its 26 May Board meeting. Same old, same old. ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
... underscore both the Reserve Bank of Australia's prescience and governor Philip Lowe's expectation that the official cash rate will remain low until at least 2024. According to the ABS: "Annual inflation for the March 2021 quarter increased to ...

Chief economist update: RBNZ keeps policy steady on unsteady outlook

BENJAMIN ONG  |  THURSDAY, 15 APR 2021
... (RBNZ) policy statement following the conclusion of its April 14 monetary policy meeting. The RBNZ kept the official cash rate unchanged at 0.25% and maintained the existing LSAP programme of a maximum of $100 billion by June 2022, and the existing Funding ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... the central bank's board meeting on April 6 when it decided to keep current policy settings unchanged - official cash rate at 0.1%; 3-year government bond yield target at 0.1%; and "the parameters of the Term Funding Facility and the government bond ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... 2021 is virtually increasing liquidity in the system. While the RBA kept interest rate settings unchanged - official cash rate and yield on three-year Australian government bonds at 0.1%, and the parameters of its Term Funding Facility at its February ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... Oi! However, the RBA's action betrays its optimism. While the RBA kept interest rate settings unchanged - official cash rate and yield on 3-year Australian government bonds at 0.1%, and the parameters of its Term Funding Facility - it also decided ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... of Australia (RBA) has provided more money. At its 3 November Board meeting, it went a-cutting bringing the official cash rate target down to 0.1% from 0.25%; the target for the yield on the three-year Australian Government bond down to around 0.1% ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... of its October 6 meeting. It may have disappointed financial markets' expectations for a lowering of the official cash rate from a record low 0.25% to 0.1%, and its three-year bond target and Term Funding Facility (TFF) to below 0.25%, but the Morrison ...