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Showing 381 - 390 of 2495 results for "Central Bank"

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
The numbers may be better than market expectations but they still don't diminish the fact that Australia's labour market remains weak. The Australian Bureau of Statistics reported that the country's unemployment rate increased to 6.9% in ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... run small businesses have suffered the negative effects of this recession more so than those in large business. The central bank found that as at mid-September, the number of people on the payrolls of firms with at least 200 employees was down just 1% ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... the Budget only providing specific support for younger employees." Have jobs, will spend. The government and the central bank can flood the system with money - and business operations can resume - but if consumers aren't confident about employment ...

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
... Treasury to be handing out good tidings. October 6 is RBA meeting day, the day financial markets expect the Australian central bank to lower the official cash rate from a record low 0.25% to 0.1%, and its three-year bond target and Term Funding Facility ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... addressed the Australian Industry Group's (AiG) September 22 virtual conference, predicting that the Australian central bank will cut interest rates when the board next meet on October 6. According to Bill: "In a speech yesterday the deputy governor ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... lowered them further. Instead, they have eased monetary policy settings through other means." True that. The European Central Bank (ECB) took deposit rates down to negative back in 2014 and the Bank of Japan's (BOJ) target rate had been below zero ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
The US Federal Reserve's new monetary policy framework - lower interest rates for longer or average inflation targeting - (virtually) announced at the August 27 Jackson Hole Symposium is now live. The Fed kept policy settings unchanged at its 15-16 ...

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
... US and in India, among others that are already prompting renewed containment measures. Then again, as the European Central Bank (ECB) staff recently noted, "By virtue of the experience gained on how to deal with the pandemic, these responses are assumed ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
They came, they deliberated, they...well...didn't do anything. At its September 10 meeting, the European Central Bank's (ECB) governing council decided to keep interest rates unchanged - repo rate at 0.00%; marginal lending facility rate at ...

Chief economist update: RBA increases and extends TFF

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2020
... these actions the bank is further supporting the Australian economy through this difficult period". The Australian central bank has gone further in September. While we're already aware of the bank's monthly assurance in its statement that, "The ...