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Showing 591 - 600 of 2741 results for "Reserve Bank"

Uncertainty remains for global outlook: TCorp

ELIZA BAVIN  |  THURSDAY, 30 JAN 2020
... and fiscal policy and whether this is appropriate," Redican said. Closer to home, the report said it expects the Reserve Bank of Australia to cut rates a further 50bps this year, which would bring the official cash rate down to 0.25%. Redican said TCorp ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
There's more bad news for us, Australians all. The Reserve Bank of Australia (RBA) will no longer cut the official cash rate by 25 basis points - to 0.5% - when it holds its first board meeting for 2020 on February 4. No Virginia, I didn't say ...

Chief economist update: Fundamentally overvalued

BENJAMIN ONG  |  FRIDAY, 17 JAN 2020
... Brexit is no longer uncertain and major global central banks continue to maintain accommodative monetary policies. The Reserve Bank of Australia (RBA), for one, is expected to lower the official cash rate by at least another 25 basis points to 0.5% this ...

Chief economist update: Bushfires singe growth, surplus predictions

BENJAMIN ONG  |  WEDNESDAY, 15 JAN 2020
... poll. The outlook for 2021 held at 2.5%, still short of the 2.75% that is considered trend." These compare with the Reserve Bank of Australia's (RBA) GDP growth forecasts - published in its Statement on Monetary Policy (released in November 2019) ...

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
The Reserve Bank of Australia will not allow tech giant Facebook to launch its cryptocurrency Libra in Australia until all risks and regulatory requirements have been mitigated. And even if these regulatory requirements were met there wouldn't be ...

Chief economist update: Moving target

BENJAMIN ONG  |  WEDNESDAY, 8 JAN 2020
... Fed is pondering to let inflation loose and hang free, the AFR reports: "A growing number of economists believe the Reserve Bank of Australia should reduce its 2 to 3 per cent medium-term inflation target... to between 1 and 3%". That is, the RBA should ...

New Year, new APRA

ALLY SELBY  |  FRIDAY, 20 DEC 2019
... Council of Financial Regulators (CFR) including the Australian Securities and Investments Commission (ASIC), The Reserve Bank of Australia (RBA) and Treasury," it said. "However APRA has recognised it can promote more coordinated and streamlined approaches ...

Chief economist update: Stock rally heralds 2020 cheer

BENJAMIN ONG  |  THURSDAY, 19 DEC 2019
... of Japan (BOJ) may have done nothing all year but it promised to act (if it becomes necessary). Even our very own Reserve Bank of Australia (RBA) cut the official cash rate three time this year - in June, July and October - to a fresh record low of 0.75%. ...

AMP welcomes former PwC partner

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... banks add multinational institutions in Australia, Canada and the United Kingdom. Chowdry is also a member of the Reserve Bank of Australia's audit committee. AMP chair David Murray said: "Rahoul's leadership and financial, audit and risk management ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
... negating October's two-point increase to +2. The survey was conducted from 19-29 November 2019 - a month after the Reserve Bank of Australia (RBA) announced it third rate cut (in October) that took the official cash rate to a record low 0.75%; and ...