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Showing 21 - 30 of 51 results for "Paul Bloxham"

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... revert to a more acceptable range of 2%-3%. HSBC chief economist for Australia and New Zealand and global commodities Paul Bloxham said the RBA is now in "calibration mode" and less likely to move its cash rate setting as quickly as when it was below ...

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

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... storm clouds" on the horizon. "Expect the RBA to reveal hawk talons on November 7," Miller said. HSBC chief economist Paul Bloxham agrees, noting that although inflation is decreasing, it remains elevated and is falling at a pace slower than what the ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
... good for reducing demand-side pressures like consumer demand." HSBC chief economist for ANZ and global commodities Paul Bloxham predicts a 0.25% hike in the last quarter of 2023, potentially in the November meeting. "We expect that next week the RBA ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... 5.5% in August is lower than the annual rise of 5.8 in July." Meanwhile, HSBC chief economist Australia New Zealand Paul Bloxham cautioned that the numbers might indicate a potential easing of inflation but remain above the Reserve Bank of Australia's ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... that inflation falls back into the 2% to 3% band." HSBC economists Australia, New Zealand and global commodities Paul Bloxham and Jamie Culling agreed that the RBA judged its tightening has been sufficient to get the economy to head in the right direction. ...

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... to a clear loosening in the labour market," HSBC chief economist for Australia, New Zealand and global commodities Paul Bloxham said. AMP deputy chief economist Diana Mousina said Australia's unemployment rate bottomed at a near 50-year low of 3.4% ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... household equipment and services up 6%. Partly offsetting the rise was a fall in fuel, down 8%. HSBC chief economist Paul Bloxham said the figures were a win for Australians but it's too soon to declare victory in the fight against inflation. "Although ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... pause." After the RBA surprised the market in May lifting the cash rate by 25 basis points, HSBC chief economist Paul Bloxham concurs that a hike is unlikely, but equally can't be ruled out. "The arguments for holding steady include that: the recent ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... rule out next week; there is a high risk it could come next week." HSBC chief economist Australia and New Zealand Paul Bloxham agreed with Oliver's point. "The decision presents upside risk to the outlook for wages growth, which, in turn, may slow ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... ABS head of prices statistics Michelle Marquardt. Alongside this, HSBC chief economist Australia and New Zealand Paul Bloxham said local fuel prices rose by 2.9% month on month at the pump, as retailers passed on higher wholesale prices. "Prices for ...