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Showing 61 - 70 of 827 results for "Economists"

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... that inflation is moderating in our economy. They've got a job to do, and they can explain their job," he said. Economists are no doubt scratching their heads as they attempt to gauge the RBA's movements considering inflation is still well above ...

US recession possible, but recovery would be strong: Capital Group

CHLOE WALKER  |  THURSDAY, 22 JUN 2023
... slower growth, there are fundamental reasons to expect a fairly strong snapback, and that's certainly something economists have been talking about for some time," Lind said. While there are certainly problems in parts of the US banking system and ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... indication that the high inflation challenge remains." An RBA Cash Rate survey shows that a slight majority (56%) of economists believe the RBA will hold the cash rate at 3.85%. Interestingly, only 55% of economists correctly predicted a rate rise in ...

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... in aged care wages. All of those things could build upwards pressure on wage growth." Oliver acknowledges, currently economists sound like "spoilsports", but there is a concern around wage growth driving up inflation, leading to more interest rate increases. ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
The Reserve Bank of Australia (RBA) has admitted more interest rate rises might be on the horizon depending on how the economy and inflation track, but CommSec senior economist Ryan Felsman believes an increase next month is unlikely. In the minutes ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
As anticipation builds for today's Reserve Bank of Australia (RBA) meeting, economists are sharply divided on the outcome. Last month, the RBA held the cash rate steady at 3.6%. However, leading economists cautioned Australians not to discount the possibility ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
The unemployment rate remained steady at 3.5%, with a stronger than expected lift in jobs in March, however economists say it won't lead to a rate hike. According to the Australian Bureau of Statistics, unemployment is at the lowest seen since 1974. ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
As the Reserve Bank of Australia (RBA) kept the cash rate at 3.60% in April, most economists warn Australians not to rule out further increases throughout the year. Mortgage holders breathed a sigh of relief yesterday afternoon when RBA governor Philip ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
Economists are split on the Reserve Bank of Australia's (RBA) upcoming decision on whether to raise the cash rate from 3.6%. The major banks are at odds: ANZ and NAB forecast a 25 basis point cash rate hike, while Commonwealth Bank and Westpac anticipate ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
Australian financial markets have been bracing for a pause in rate hikes, however recent instability has economists recalibrating their view. The coin is being tossed ahead of the Reserve Bank of Australia's (RBA) meeting next month, with suggestions ...