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Showing 51 - 60 of 384 results for %22Official Monetary%22

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... might be getting in trouble now. Not only are Australian households not lifting their spending despite the drop in the official cash rate to a record low 0.75% but it's looking a lot like businesses aren't too. The Australian Bureau of Statistics' ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... Australian Business Economists' conference last night, RBA Governor Lowe couldn't be more explicit on how low the official cash rate could go: "Our current thinking is that QE becomes an option to be considered at a cash rate of 0.25 per cent ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
... unemployment rate does not move lower with current policy settings, there are a number of options..." "...These include: further monetary easing; additional fiscal support, including through spending on infrastructure; and structural policies that support ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... more RBA rate cuts... but by how much more? Governor Lowe has already stated that, he doesn't intend to take the official cash rate to negative - for as experienced by other central banks, it creates new problems - so zero would be the lower bound ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
When the Reserve Bank of Australia (RBA) met and decided to keep the official cash rate unchanged at 0.75% on November 5, Governor Philip Lowe issued this optimistic statement: "After a soft patch in the second half of last year, a gentle turning point ...

Chief economist update: RBA holds but for how long?

BENJAMIN ONG  |  WEDNESDAY, 6 NOV 2019
... were Reserve Bank of Australia (RBA) governor Philip Lowe's words after the board decided to keep the country's official cash rate unchanged at 0.75% at its November 5 meeting. No central banker would go out and shoot his own foot, announcing ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... price inflation has changed market expectations with regards to how low the Reserve Bank of Australia (RBA) will take the official cash rate. First things first; the ABS report showed that headline inflation edged up to 1.6% in the year to the September ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... "We're doomed, we'll never make it!" Speculation that the Reserve Bank of Australia (RBA) may have to take the official cash rate to zero or even negative and/or start printing Australian dollars suggests that this "Lucky Country's" luck ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
... the first half. Note that the survey was conducted between 13 and 26 September 2019 - after the RBA has already cut the official cash rate by a total of 50 bps to 1.0% and before the October rate reduction to 0.75%. This is also in line with the NAB ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... wouldn't assume" further rate reductions. After all was said and done, the odds of another 25 basis point reduction in the official cash rate come Melbourne Cup Day on November 5 have dropped to just 16%. For sure, the RBA's minutes and the governor's ...