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Showing 31 - 40 of 95 results for %22Read Governor Lowe%22

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... central bank president Knot, thinks the outlook is not weak enough to justify QE but is open to a rate cut; Austrian governor Nowotny's against buying equities for stimulus; and, Bundesbank president Weidmann announced his opposition to a big stimulus ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... Standard 's clear as the crystal ball's prediction (made two days prior) that the RBA is heading to zero. Read governor Lowe's lips: "Globally, if all central banks go to zero, then we'd have to consider that as well."... and more, if ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... community on June 4 - the night after the afternoon when the central bank announced its first rate cut since August 2016 - governor Philip Lowe declared 4.5% is the unemployment rate at which wages start to lift and feed into inflation. Latest data show ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
... no question about it, for sure and for certain the Reserve Bank of Australia (RBA) will cut interest rates again. RBA governor Philip Lowe told us so when he addressed the Committee for Economic Development of Australia (CEDA) event in Adelaide on June ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
Reserve Bank of Australia (RBA) governor Philip Lowe provided the clearest indication yet that the Australian central bank is poised to cut interest rates, potentially at its June 4 meeting. The transcript of Lowe's speech - titled 'The Economic ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
... whether or not the RBA would (or wouldn't) cut interest rates sometime before 2019 becomes 2020, let's dissect RBA Governor Philip Lowe's statement that explained the May decision and the central bank's forward guidance. After acknowledging ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... the previous month and 5.5% in the same month last year. This affirms and, at the same time, provides credence to RBA Governor Philip Lowe's statement following the board's meeting of 5 March 2019: "The Australian labour market remains strong. ...

Chief economist update: Cash rate should be 1%

BENJAMIN ONG  |  THURSDAY, 7 MAR 2019
... could not continue to provide such strong contribution going forward without negatively impacting the Budget. Just have a read at what the ABS said about this: "Government final consumption expenditure rose 1.8% in the December quarter 2018 and remains ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... (RBNZ) - more like the oft-repeated statements from other central banks saying "the risks are evenly balanced" - but Governor Adrian Orr's clarification that the current official cash rate (OCR) of 1.75 would remain "at this level through 2019 and ...

Chief economist update: Japan feels the heat

BENJAMIN ONG  |  THURSDAY, 5 JUL 2018
... equities and the depreciating yuan - will immediately come to mind, Japan's also taking a hit. Bank of Japan (BOJ) Governor Haruhiko Kuroda already expressed his concerns when he joined the ECB Forum on Central Banking held at Sintra, Portugal on ...