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Showing 41 - 50 of 2410 results for "Economist"

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... the RBA more likely to do the same, just over half (55%, 17/31) said they didn't think so. Corinna Economic Advisory economist Saul Eslake said the RBA had been intentionally slower to hike rates and will also be slower to cut them than the US and others. ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... Reserve Bank of Australia (RBA) kept its cash rate unchanged at 4.35%, as predicted by nearly all economists. HSBC chief economist Paul Bloxham stated that the decision was in line with expectations and that there are risks related to the weak productivity ...

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... possibility of a cut. Of those that weighed in (28), one in four said the RBA won't start cutting rates until 2025. AMP chief economist Shane Oliver said economists were already expecting the RBA to start cutting in June and the inflation numbers have ...

Economists share their top left field ideas for 2024

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2024
... able to be largely offset given the low vacancy rates in the rental market, Paton said. Conversely, Koda Capital chief economist Brigette Leckie said she believes China's equity market could prove to be the Factor-X this year - a somewhat contrarian ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
Two of the world's major economies fell into recession at the end of 2023. The UK's gross domestic product (GDP) fell 0.3% in the fourth quarter of last year following a contraction of 0.1% in September quarter, according to the Office for National ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... 2024. The number of meetings has reduced from 11 per year following an overhaul of the RBA. Vanguard Asia Pacific chief economist Qian Wang said the odds of Australia narrowly avoiding a recession in 2024 are high, having benefited from elevated commodity ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
HSBC chief economist Paul Bloxham says that despite widespread market enthusiasm for imminent central bank interest rate cuts, the Reserve Bank of Australia (RBA) is likely to hold off on such cuts for the foreseeable future. Bloxham said that the RBA ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... holiday travel and accommodation (3.9%), and medical and hospital services (1.2%). HSBC Australia and New Zealand chief economist Paul Bloxham said yesterday's data is a sign that the economy is heading in the right direction, with falling inflation ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
Interest rates will continue to be a driving force behind client conversations in 2024 as financial advisers remain agile regardless of whichever direction they will go. The rapid upward trajectory of interest rates - from 0.10% in April 2022 to today's ...

Experts expect the RBA to hold: Finder

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... least 50 basis points over the second half of 2024, as inflation heads towards the target range." Elsewhere, HSBC chief economist Australia, NZ & Global Commodities Paul Bloxham said that the RBA will likely be on hold through 2024, with cuts not arriving ...