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Showing 621 - 630 of 2741 results for "Reserve Bank"

Chief economist update: When monetary and fiscal policies don't meet

BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
... no meeting of the minds between Australian Prime Minister Scott Morrison (and his Treasurer, Josh Frydenberg) and Reserve Bank of Australia (RBA) governor Philip Lowe. A report by the Bank for International Settlements (BIS) - the central bank of central ...

Chief economist update: US recession on the cards

BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
... they're here to stay..." - The Beatles Well, two yesterdays ago to be precise. This was on October 1 when the Reserve Bank of Australia (RBA) cut interest rates for a third time this year - taking the official cash rate down to a record low of 0.75% ...

Chief economist update: Zero here we go

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2019
A stitch in time saves nine. If only the Reserve Bank of Australia (RBA) adhered to this age-old proverb. But alas, by insisting on keeping the official cash rate at 1.5% for longer (from August 2016 to May 2019) than the dictates of global and domestic ...

Northern Trust to clear high-value payments

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
... bank will now be able to settle its own high value payment obligations on a real-time gross settlement basis via the Reserve Bank Information and Transfer System (RITS). "As a direct clearer of Australian dollars, Northern Trust will manage its intra-day ...

Chief economist update: RBA cuts official cash rate to 0.75%

BENJAMIN ONG  |  WEDNESDAY, 25 SEP 2019
... This will be the headline flashing on your screens at around 230 in the afternoon of Tuesday, October 1, after the Reserve Bank of Australia (RBA) concludes its scheduled board meeting. In his address to the Armidale Business Chamber, RBA governor Philip ...

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
... surplus months ago. Likewise, the US Federal Reserve, the European Central Bank, the Bank of England, and our very own Reserve Bank of Australia, among others, have been calling on their "fiscal" counterparts for help. Germany's even deliberating ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... Reserve's announced a 25 bp cut in the fed funds rate underscores financial markets' conviction that the Reserve Bank of Australia (RBA) will cut interest rates again when it meets on the first Tuesday of October - taking the official cash rate ...

New principal consultants at Frontier

KANIKA SOOD  |  MONDAY, 16 SEP 2019
... based in Melbourne with a focus on airport infrastructure. Naylor joined Frontier last year, after working at the Reserve Bank of Australia in fixed income trading roles, as a consultant to the World Bank and as an economist for Macquarie Bank. At the ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... This was topped up with a second fiscal spending package amounting to around 4.2% of GDP. This is in tandem with the Reserve Bank of Australia's (RBA) series of interest rate reductions that took the official cash rate from a high of 7.25% in 2008 ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
As widely expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.0% at its September meeting. Operative phrase: "as widely expected". You, I and Irene can wax pedantic about some changes in RBA governor Philip Lowe's ...