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Showing 21 - 30 of 30 results for "Governor Lowe"

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
... months' time, the official cash rate has dropped from a record low of 1.5% to a deeper low of just 1%. I guess governor Lowe didn't receive the memo from Bank of International Settlements (BIS) - the world's central bank of central banks ...

Chief economist update: RBA not cruising for a bruising

BENJAMIN ONG  |  THURSDAY, 21 JUN 2018
... increase in the December 2017 quarter. A few more quarters like this and Houston, we'll get a rate cut. However, Governor Lowe's recent statement at the central bankers' conference in Sintra, Portugal infers that the RBA would neither raise nor cut ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... RBA Governor Philip Lowe's address to the Australia-Israel Chamber of Commerce in Perth on April 11 offers a clue: Governor Lowe listed four broad points in discerning monetary policy direction: "The first is that we expect a further pick-up in the Australian ...

Chief economist update: RBA certain to raise interest rates

BENJAMIN ONG  |  THURSDAY, 12 APR 2018
... right on target. These expectations were later lowered to one rate hike and then to nil and then to maybe next year. Governor Lowe would need to be more patient in experiencing the thrill of moving the cash rate "up" for in his own assessment: "It is ...

Cheaper imports

BENJAMIN ONG  |  FRIDAY, 28 JUL 2017
... clues as to the RBA's thinking with regards to inflation, and therefore, the near-term direction of monetary policy. Governor Lowe discussed and tried to explain in detail why stronger labour markets - in Australia and the world - aren't "generating ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... slowing in China - manufacturing and services sector PMI declined in April - they remain in expansion territory. Governor Lowe's statement about the Australian outlook says: "The Bank's forecasts for the Australian economy are little changed. Growth ...

RBA dilemma

BENJAMIN ONG  |  TUESDAY, 4 APR 2017
... that requires a cut in interest rates - and a bubbling property market - that dictates higher interest rates. RBA governor Lowe admitted as much back in February: "We are trying to balance multiple objectives at the moment. We'd like the economy to grow ...

The power of optimism

BENJAMIN ONG  |  THURSDAY, 23 FEB 2017
... Forum' in Sydney on the 22nd of February 2017, as he spoke about the "Shared Experiences" between the two countries. Governor Lowe's optimism is understandable - mainly because it could turn into a self-fulfilling prophecy. As the 'Camp Quality' -- an ...

Trump is heaven's gift to central banks

BENJAMIN ONG  |  FRIDAY, 11 NOV 2016
... BOE governor Carney exhorted governments to implement fiscal and structural policies to boost growth. So did, RBA governor Lowe - "One thing that I find attractive is the idea that the government use either its balance sheet or its planning capacity ...

CPI says RBA no go on Melbourne Cup Day

BENJAMIN ONG  |  THURSDAY, 27 OCT 2016
... risen by 40% in the first nine months of this year. Reduced pricing power, partly due to increased competition. As governor Lowe himself said, "...this is likely to continue for a while yet, but it is probable that this pressure will lessen at some point ...
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