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Showing 451 - 460 of 2741 results for "Reserve Bank"

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... Except to reinforce its message that interest rates will remain at record lows "until 2024 at the earliest", the Reserve Bank of Australia's (RBA) June board meeting was largely a ho-hum affair. As expected, the RBA left monetary policy settings ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... suicide. Victoria's state government could even decide to loosen its budget spending. And then, there's the Reserve Bank of Australia (RBA). At its May Board meeting, it hinted that it could start tapering its bond purchases in July. This now ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
The Reserve Bank of New Zealand (RBNZ) kept the official cash rate unchanged at 0.25%, maintained the existing LSAP programme, and retained the existing Funding for Lending Programme (FLP) conditions at its 26 May Board meeting. Same old, same old. ...

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
... be made stronger by additional spending announced in the budget and continued monetary policy accommodation by the Reserve Bank of Australia (RBA). Too much of a good thing (stronger growth) isn't a good thing (rising inflationary pressures). Markit ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
... advertisements surging, it might not be long until Australia sees the unemployment rate fall below 5.0%, earlier than the Reserve Bank of Australia's (RBA) forecast - 5.0% at the end of 2021 and 4.75% by June next year.

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... lowest annual rate of growth (1.5%) since the commencement of the series" from 1.6% in the December 2000 quarter. The Reserve Bank of Australia anticipated this in its April missive, saying: "...wage and price pressures are subdued and are expected to ...

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
US Federal Reserve Bank of St. Louis president James Bullard's recent virtual presentation provided a timely venue for the Fed to push back on inflation fears that drove equity markets down a day before. The Federal Reserve Bank of St. Louis' ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... the power to pre-emptively identify and manage risks, or intervene in a FMI failure crisis. Under the reforms, the Reserve Bank of Australia (RBA) will be able to manage a failure at a clearing and settlement facility. There will also be a facility for ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... to help them save for their first home. But with interest rates at 6000-year lows and - based on comments from the Reserve Bank of Australia - likely to stay that way, and home prices exploding through the stratosphere so rapidly, the FHSS scheme has ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
The Reserve Bank of Australia's (RBA) May the fourth Board meeting would have been a ho-hum event had it not been for the month of July. As expected, the RBA left monetary policy settings unchanged - "including the targets of 10 basis points for ...