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Showing 11 - 20 of 95 results for "RBA Board"

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
... Robertson said he is anticipating a rate cut in the first half of 2025, albeit perhaps not as soon as February when the RBA board will first meet. "Inflation data...was again supporting for RBA rate cuts on the first half of 2024, although we will need ...

Chalmers unveils new-look RBA boards

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... the RBA Review and has also been appointed for a five-year term. Moving over to the governance board will be current RBA board members Jennifer Westacott, David Thodey, Danny Gilbert and Swati Dave. " We also consulted existing board members to see whether ...

RBA 'paves way' for February rate cut

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... met with a more dovish shift in tone - giving experts optimism that a cut could be on the horizon early next year. The RBA board noted that higher interest rates have been working to bring demand and supply closer to balance and said, "some of the upside ...

Bullock hints at no rate cut in 2025

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... inflation will settle in the medium term." Bullock said restrictive monetary policy settings will remain in place until the RBA board is "confident" inflation is on track to return sustainably within the target range. She added that the RBA's forecasts ...

Trump tariffs cause for concern among Australian investors

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
... However, Trump's proposed trade tariffs could derail slowing inflation. GSFM investment specialist Stephen Miller said the RBA board has been vocal over its concerns around "sticky" inflation, and as the RBA generally follows the Fed's lead when it come ...

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
... conducted in real-time. As such, it makes the job for policymakers a little more complicated than usual." Aird said the RBA board will likely be relying heavily on the upcoming inflation and wages data to better understand what unemployment rate would ...

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... Australia (RBA) kept the official cash rate on hold at 4.35% in June but would not rule out another hike in the future. The RBA board noted that inflation had fallen substantially since its peak in 2022 but said recent federal and state budgets could ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... said. "She will bring a unique and diverse perspective to the Bank and the leadership team." Today, Bullock and the RBA board agreed to a new Statement on the Conduct of Monetary Policy released by treasurer Jim Chalmers. This statement reaffirms the ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... by the Reserve Bank of Australia (RBA) on Melbourne Cup Day as near certain. Miller pointed out that the most recent RBA board meeting indicated a lower tolerance for a sluggish return of inflation to target levels; and given the slower-than-anticipated ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
... predicts a 0.25% hike in the last quarter of 2023, potentially in the November meeting. "We expect that next week the RBA board will discuss the possibility of hiking by 25bps in October but opt to hold steady as it waits for more information on prices," ...