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Showing 391 - 400 of 2741 results for "Reserve Bank"

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
Yesterday, the Reserve Bank of Australia surprised markets by lifting the cash rate target for the first time in over a decade. The decision to raise rates 25 basis points to 0.35% came as the RBA sought to withdraw the extraordinary monetary support ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
In the first increase in more than a decade, the Reserve Bank of Australia has raised the cash rate target by 25 basis points to 0.35%. Announcing the decision this afternoon, RBA governor Philip Lowe said the board determined the time is right to begin ...

RBA weighs controversial pre-election rate rise

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
Just over two weeks before the federal election, the Reserve Bank of Australia (RBA) will make a decision on interest rates which could have huge political implications. At present, underlying inflation is well above the RBA's target band and most economists ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... growth, revealed by the Australian Bureau of Statistics (ABS) yesterday, came in above expectations and well above the Reserve Bank's targets. It was largely driven by new dwellings, automotive fuel, and tertiary education, the ABS said. On an annual ...

US stocks crumble after Jerome Powell's hawkish comments

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
... combat inflation through tightened monetary policy with interest rate hikes. It was only earlier this week that the Reserve Bank of Australia minutes strongly insinuated that inflationary and wage growth developments had brought forward the likely timing ...

RBA eyes an early rate hike

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
Reserve Bank of Australia (RBA) minutes for April have strongly suggested that inflationary and wage growth developments have brought forward the likely timing of the first interest rate increase. Interest rates in Australia haven't been raised since ...

Aussie government debt to double: Janus Henderson

JAMIE WILLIAMSON  |  WEDNESDAY, 6 APR 2022
... person in government debt by 2025. The report shows central bank holdings of government debt rose 9% in 2021, with the Reserve Bank of Australia one of the main drivers. "Australian entered the pandemic with an exceptionally low debt/GDP ratio by comparison ...

RBA names new deputy governor

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
Michele Bullock has become the first female deputy governor of the Reserve Bank of Australia. Bullock has been with the central bank since 1985 and served as an assistant governor since 2010. Bullock is currently assistant governor, financial system ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... payments when unemployment is so low and inflation is rising could make inflation worse. "Both the government and the Reserve Bank are pursuing policies with immediate, headline-grabbing, feel-good effects - but which will likely fuel further rises in ...

VFMC hires from Cbus

JAMIE WILLIAMSON  |  THURSDAY, 17 MAR 2022
... her most recent role. She has also previously held roles with Allard Partners, IAG, Merrill Lynch, Westpac, and the Reserve Bank of Australia. At VFMC, Taylor will replace Peter Osborne who is retiring after 13 years. "VFMC wishes Peter all the best ...