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Showing 531 - 540 of 2022 results for "RBA"

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... concrete actions, financial markets hoped the "magnificent seven" would undertake. However, the Reserve Bank of Australia (RBA) and the US Federal Reserve's (Fed) decision to cut interest rates on the same day suggests that a coordinated response ...

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
Finder's RBA Cash Rate Survey found 90% of economists believe there will be a rate cut in 2020, with 15% expecting the cut to come tomorrow. Graham Cooke, insights manager at Finder, said 20 economists specifically called out the threat of the coronavirus. ...

Remain liquid, defensive and patient: Schroders

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
... is still the main game in town, with ongoing intervention now unanimous with the US Federal Reserve reversing course. "The RBA, ECB and Fed are all on the same page. The power remains in their hands and markets remain complacent around some of the challenges," ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
... (NDRC) announced more targeted tax and fee cuts to aid micro, small and medium-sized businesses. As for Australia, with the RBA low on ammo and downdraft from COVID-19 adds to the downward pressure on the domestic economy caused by the bushfires, storms ...

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
... to as low as US$0.6610 - its lowest level since the GFC - as markets raised their bets that the Reserve Bank of Australia (RBA) would "need" to cut interest rates again soon... very soon, for this, Virginia, is as good as it gets. The other stats in ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... and October - indicating that both monetary and fiscal policies have still to get ahead of the curve. The problem for the RBA is that the more it cut rates, the greater the sense that "something's really, truly wrong with the economy" among households ...

Chief economist update: Australians not confident enough

BENJAMIN ONG  |  THURSDAY, 13 FEB 2020
... to -1 in January 2020 from a 6-1/2-year low of -2 in December 2019. It is likely that the Reserve Bank of Australia's (RBA) optimism has infected sentiment among businesses and consumers. Recall RBA Governor Philip Lowe's statement at the conclusion ...

Industry super steps up SG campaign as RBA weighs in

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
... funds is stepping up its campaign to convince the public of the benefits of increasing the superannuation guarantee, as the RBA weighs in to the debate. Industry Super Australia has kicked off a new advertising campaign designed to increase the public's ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... this year". But the "rebuilding effort is expected to broadly offset that effect over the rest of this year," allowing the RBA to maintain its growth forecast of "2 3/4 per cent this year and 3 per cent over 2021". "This expected pick-up in growth is ...

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
RBA governor Philip Lowe has rejected concerns that the bank's decision to cut interest rates last year dented consumer confidence and impacted weak consumer growth. Speaking at the National Press Club, Lowe said that while he understands having rates ...