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Showing 11 - 20 of 38 results for "Russel Chesler"

Unemployment data throws 'curveball' at RBA

ELIZA BAVIN  |  THURSDAY, 17 JUL 2025
... according to data released by the Australian Bureau of Statistics (ABS). VanEck head of investments and capital markets Russel Chesler said the surprise uptick in unemployment means the next rate cut from the Reserve Bank of Australia (RBA) could be ...

Resilient job market reduces rate cut probability: Experts

MATTHEW WAI  |  FRIDAY, 20 JUN 2025
... flexibility in cutting rates throughout the remainder of the year. VanEck head of investments and capital markets Russel Chesler said: "The market is currently predicting three rate cuts this year, which would see the RBA cash rate reduced to 3.10%. ...

Inflation figures point to May rate cut

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... conflict between the US and Australia's biggest trade partner, China." VanEck head of investments and capital markets Russel Chesler said he was "encouraged" by the slow but steady progress that has been made to bring inflation down. "The positive results ...

Inflation slows, but for how long?

ELIZA BAVIN  |  WEDNESDAY, 26 MAR 2025
... months to January." Despite the positive momentum of disinflation, VanEck head of investments and capital markets Russel Chesler warned that the Labor government's pre-election Budget could have the opposite effect. "Despite today's data, we do not believe ...

Deflation continues, albeit slowly

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... justifies the RBA's decision this month to cut the cash rate by 25 basis points." VanEck head of investments Russel Chesler agreed the data showed positive momentum in keeping inflation down, but the focus needs to be on keeping it within the Reserve ...

ANZ, Macquarie bring forward rate cut expectations

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... probability of a rate cut in February, we don't see this happening until later in the year," VanEck head of investments Russel Chesler said. "The market optimism towards an earlier rate cut was triggered by comments made by [RBA] governor [Michele] Bullock ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
... headline inflation has been within in the RBA's target range for four months now, but as VanEck head of investments Russel Chesler points out, the underlying number is still too high and the figures came in higher than market expectations. "While market ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... Australia (RBA) has said inflation needs to be "sustainably within the 2-3% target range". VanEck head of investments Russel Chesler said the inflation read was higher than expectations, which might lead the RBA to hold off on a February interest rate ...

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... as a year ago, and 1.5 percentage points higher than March 2020." VanEck head of investments and capital markets Russel Chesler said the low unemployment may push back hopes for an interest rate cut early next year. "A spike in the unemployment rate ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... unemployment figure of at least 4.5% would be needed to cool inflation," VanEck head of investments and capital markets Russel Chesler said.