Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 342 results for "official cash rate"

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... 17-18 FOMC meeting (which was cancelled). In Australia, the RBA's rate cuts on March 3 and March 19 - the official cash rate is now at 0.25% -- as well as bond yield targeting and QE, are matched by the Morrison government's increased spending. ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... March 16 saw the Reserve Bank of New Zealand deliver its own "emergency" rate cut - a 75 bps reduction in the official cash rate from 1.0% to 0.25%. Fiscal authorities have also been doing their bit. There was Trump's (see above) and China (previous ...

REITs resilient in face of virus: Principal

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
... and give high yields, particularly compared to Hong Kong and to some extent, the US." Yoong said the recent official cash rate cut by the Reserve Bank of Australia makes A-REIT yields even more attractive. "A-REITS now yield about 5% - a lot better than ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... responded: The Reserve Bank of Australia (RBA) has cut interest rates by 25 bps earlier this month, taking the official cash rate to a new record low of 0.5% and is expected to cut some more. The Morrison government recently announced a A$17.6B ($11.4B) ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... decision to cut interest rates on the same day suggests that a coordinated response is underway. The RBA cut the official cash rate by 25 basis points to a new record low of 0.50% at its 3 March meeting "to support the economy as it responds to the global ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... economists and the financial markets factoring in at least one more 25 bps RBA rate cut -- that would take the official cash rate to a fresh record low of 0.50% -- or perhaps two, to 0.25% (which is the RBA's line in the sand). At this point, it's ...

Uncertainty remains for global outlook: TCorp

ELIZA BAVIN  |  THURSDAY, 30 JAN 2020
... 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 does not expect a significant boost in Australia's fiscal stimulus, suggesting growth will ...

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: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... sentiment supports expectations for more RBA rate cuts. Then again, another one (or two) more reduction in the official cash rate from the current record low of 0.75% -- the RBA has explicitly stated it won't go to zero - might have the opposite ...

Chief economist update: Fundamentally overvalued

BENJAMIN ONG  |  FRIDAY, 17 JAN 2020
... 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 year. This would certainly prompt many an Australian investor to reach ...