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Showing 31 - 40 of 1372 results for "Monetary policy"

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... from early last year, the Federal Open Market Committee (FOMC) has maintained a firm approach towards tightening monetary policy, making the latest hike the 11th out of the 12 meetings held. "We have covered a lot of ground, and the full effects of our ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... stimulus at the onset of the global pandemic, in addition to supply chain bottlenecks, central banks tinkering with monetary policy and the invasion of Ukraine. Birt said many life policies are written based on step premiums. Despite the current backdrop ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... cash rate to be higher in the near term than it would be over the longer term, consistent with a contractionary monetary policy setting," it flagged. The board also acknowledged the flow on effects of tightening are yet to be observed and accepted it ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... what is potentially his last speech as governor, Lowe explained that while the government concluded that the RBA monetary policy framework is "fit for purpose," a changing landscape meant it would still need to pivot accordingly. "The world we face is ...

Next RBA boss to be picked in July: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
... that I take in fiscal policy and the governor, and the board explain and defend the decisions that they take on monetary policy, and that's appropriate." In the past, Chalmers has made it clear he isn't always in agreeance when it comes to rate ...

Federal Reserve holds rates steady

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... opted to hold the funds rate steady, citing the need to assess additional information and its implications for monetary policy. The Committee said it will consider the cumulative tightening of monetary policy, the lags with which monetary policy affects ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... decision on the national minimum wage will be critical for the outlook for wages growth along with inflation and the monetary policy outlook in the second half of this year, he added. The onerous data isn't the only cause for concern. "We have seen ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... activity in 2023-24. A more pronounced slowdown in the world economy could result from continued tightening in global monetary policy in response to persistent inflation or a deterioration in financial conditions. This would affect commodity prices ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... been reached and therefore more hikes are unlikely. "As long the economic data in this month's Statement on Monetary Policy is in line with their forecasts or a little bit weaker, the Reserve Bank shouldn't be tightening policy any further," ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... the risks associated with insufficient tightening. "There is a risk that stopping at 3.60% is premature. Though monetary policy is restrictive, it may not be restrictive enough and a near term move would allay that risk and allow for a more confident ...