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Showing 61 - 70 of 223 results for "RBA Governor"

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
... it sees appropriate given current and expected economic and inflation considerations. Reading between the lines of RBA governor Philip Lowe's statement following the November 2 decision, the answer is both. It decided to jump. "The decision to discontinue ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
... least, postpone the reduction of its government bond purchases after "early September" (see third bullet point). RBA governor Philip Lowe and Co.'s decision was backed by their rosy outlook on the economy despite the recent outbreak of the Delta ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... purchase program in September." July is the month when the RBA decides to maintain QE or taper QE or increase QE. RBA governor Philip Lowe's statement gives us a wink and a nod: "Despite the strong recovery in economic activity, the recent CPI data ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... a tight labour market. The Board does not expect these conditions to be met until 2024 at the earliest." This is RBA governor Philip Lowe's promise to us, Australians all, at the conclusion of the central bank's board meeting on April 6 when ...

Chief economist update: What a difference an Australian year makes

BENJAMIN ONG  |  MONDAY, 22 MAR 2021
... that, the RBA is taking no chances. In his recent remarks to the Melbourne Business Analytics Conference on March 15, RBA governor Philip Lowe, stressed that: "The RBA is doing what it can to support the recovery from the pandemic and will maintain that ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... Reserve Bank of Australia (RBA) painted a pretty picture of the Australian economy in its first board meeting for 2021. RBA governor Philip Lowe's statement at the conclusion of the Australian central bank's February meeting was optimistic: "In ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... unless the jobless rate goes down. This was repeated at the final meeting of the RBA board in December 2020, where RBA governor Philip Lowe said the central bank was prepared to do more in helping the government with rebuilding the Australian economy. ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
... minister Scott Morrison's demand for an apology from China. The RBA though has become concerned and it showed in RBA Governor Philip Lowe's statement in his December monetary policy statement. There were no references to "China" - its defeat ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... announced another rate cut, bringing the cash rate down to 0.10% for the first time in history. Not only that, but RBA governor Philip Lowe announced a ramp up of quantitative easing measures, bringing in a new era of monetary policy in Australia. The ...

Fiscal policy spurs investor confidence: Citi

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... stimulus and the expectation of further monetary stimulus in both Australia and New Zealand." "During his speech, the RBA governor clearly outlined his willingness to do more with monetary policy and we have seen a significant market reaction in kind." ...