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Showing 781 - 790 of 2021 results for "RBA"

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... inflation has stabilised and that based on the latest numbers, both headline and core measures remain below the low end of the RBA's 2%-3% target. Ergo, the hawkish interpretations that sprang after the release of the minutes of the RBA's 4 July board ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... report later today. The actual figures would affirm (if higher than expected) or negate (if lower) current perceptions of the RBA's hawkish leaning. But in parallel with current developments in the UK (except for the appreciating Australian dollar) ...

Not showing: inflation

BENJAMIN ONG  |  MONDAY, 24 JUL 2017
RBA deputy governor Guy Debelle snuffed hawkish interpretations of the minutes of the 4 July RBA meeting - particularly, the minutes' reference to a 3.5% neutral cash rate - reversing the Australian dollar's upward run. "...the current (nominal) cash ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... labour market update provided another justification for the optimism and seemingly hawkish turn the Reserve Bank of Australia (RBA) conveyed in the minutes of its 4 July board meeting. The Australian Bureau of Statistics (ABS) reported total employment ...

Jump goes the Aussie

BENJAMIN ONG  |  WEDNESDAY, 19 JUL 2017
... extrapolated to keep on rising to US$0.80, perhaps even US$0.85. Once again, the rationales are all rational. We're all aware of the RBA's optimism over the international and domestic economy, it told us so - in black and white - in its 4 July Statement ...

Business conditions return to pre-GFC levels

BENJAMIN ONG  |  WEDNESDAY, 12 JUL 2017
... of growth in retail spending is hardly surprising given stagnant wages growth, high household indebtedness - according to RBA estimates, household debt-to-income ratio has risen to an all-time high of 189% -- and weak consumer confidence, underscored ...

PIMCO de-risks ahead of expected recession

ALEX BURKE  |  TUESDAY, 11 JUL 2017
... economies. "While the headwinds for the mining sector are easing, we're now facing a down cycle in housing, which suggests that the RBA is unlikely to raise rates this year. The RBA is more constrained than other central banks given the housing downturn. ...

Economics 101 is dead

BENJAMIN ONG  |  MONDAY, 10 JUL 2017
... at worst, or lower tomorrow than today at best - dampening growth and putting greater downward pressure on prices. All up, RBA governor Philip Lowe is correct in saying that, "there is no longer an expectation of additional monetary easing in other major ...

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
No one expected the Reserve Bank of Australia (RBA) to raise or lower the official cash rate from its current 1.5% when its board met on the 4 July, but only a few expected the Australian central bank to follow its bigger overseas peers into a more ...

Not so happy EOFY for the All Ords

BENJAMIN ONG  |  MONDAY, 3 JUL 2017
... coming to Aussie town, the May 2017 Budget's A$6 billion bank tax (that would certainly be passed on onto borrowers), out-of-RBA cycle mortgage rate increases and rising power prices combine to dampen local market sentiment. Not least, because despite ...