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Showing 21 - 30 of 48 results for "David Bassanese"

Inflation hits highest level in over a year

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
... quarter. Expectations of rate cuts will be tempered by a stronger than expected print." Betashares chief economist David Bassanese said the "absolute shocker" data has crushed September rate cut hopes. "The biggest disappointment is the fact that annual ...

Unemployment data throws 'curveball' at RBA

ELIZA BAVIN  |  THURSDAY, 17 JUL 2025
... we think there could be one more rate cut towards the end of the year." Meanwhile, Betashares chief economist David Bassanese said the jobs data was a "slam dunk" for an interest rate cut in August. "Movements in the unemployment rate tend to be less ...

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... the labour market remains resilient and inflation risks, while lower, still exist." Betashares chief economist David Bassanese said the decision perplexed market expectations but was in line with his forecasts. "As I expected, the RBA decided to leave ...

Inflation continues to drop, calls for RBA cut grow

ELIZA BAVIN  |  WEDNESDAY, 25 JUN 2025
... still end the year at 3.10%, as the RBA might take a pause after frontloading cuts." Betashares chief economist David Bassanese agreed a July rate cut could be on the cards as deflation continues. "The substantial easing in annual trimmed mean inflation ...

Trump backflips on tariffs but risks remain

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
... further wedge between the two nations which appear to be gearing up for a trade war. Betashares chief economist David Bassanese said despite Trump's concession, the global economy and particularly the US, still face "enormous risk" in the weeks and ...

Market turmoil hits portfolios

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
... doesn't fully meet the definition. This mix adds complexity to the policy outlook." Betashares chief economist David Bassanese said this could impact the outlook for interest rate cuts at home as the Reserve Bank of Australia (RBA) monitors how Australia ...

RBA delivers 'cautious' cut, road ahead unclear

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... April if the labour market data loosens more materially over coming months," Aird said. Betashares chief economist David Bassanese similarly expects more cuts to be delivered but expects them over the course of 2025 and 2026. "Assuming this continued ...

Economist calls for 35bps rate cut

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... meets tomorrow. However, while most of the market is expecting a regular 0.25% cut, Betashares chief economist David Bassanese is calling for a 0.35% cut to bring the official interest rate down to 4%. "To my mind, the case for a rate cut this month ...

CPI nears RBA's target range, but rate cut remains in doubt: Experts

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
... the Reserve Bank of Australia's (RBA) November expectation of 3.4%. From this, Betashares chief economist David Bassanese said there is a good chance the trimmed mean figure could fall back to with the RBA's target band by June, rather than the ...

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... the back of a weaker AUD pushing up petrol prices and other key imports," he said. Betashares chief economist David Bassanese agreed the jobs data did not make a case for a near-term interest rate cut. "The impressively resilient strength in the labour ...