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Showing 821 - 830 of 998 results for "Cash Rate"

Weak growth confirms RBA cut

BENJAMIN ONG  |  THURSDAY, 4 SEP 2008
... The latest National Accounts figures gave credence to the Reserve Bank of Australia's decision to lower the official cash rate by 25 basis points to 7 per cent. Australian real gross domestic product advanced by a meagre 0.3 per cent in the June quarter ...

One down, more to follow?

BENJAMIN ONG  |  WEDNESDAY, 3 SEP 2008
The Reserve Bank of Australia (RBA) delivered on market expectations and cut the official cash rate by 25 basis points to 7.0 percent. The ink on the RBA's decision has barely dried but markets were at it again, expecting another quarter of a percent ...

Today's the day

BENJAMIN ONG  |  TUESDAY, 2 SEP 2008
... will either get confirmation or disappointment on several weeks of speculation that the RBA will lower the official cash rate from 7.25 per cent to 7.0 per cent. Weakening consumer demand indicators and dovish RBA rhetoric have spurred speculation of ...

Dovish RBA minutes

BENJAMIN ONG  |  FRIDAY, 22 AUG 2008
... persistent slowing in the economy would increase. On these considerations, a case could be made for an early reduction in the cash rate.' The RBA should be more worried about the US economy. Data released overnight showed the US index leading economic ...

Central bank watch

BENJAMIN ONG  |  MONDAY, 4 AUG 2008
... expectations remain for steady interest rates. Given elevated inflation levels, calls for a reduction in the official cash rate may be a bit premature. Despite the weak retail spending and consumer sentiment reports, a number of factors continue to exert ...

Inflation outlook dim

BENJAMIN ONG  |  THURSDAY, 17 JUL 2008
... further interest rate rises might be taken off the RBA's agenda as its recent monetary policy tightening, which took the cash rate to a 12-year high of 7.25 percent, appears to be sufficient in bringing down inflation. Australia will get next update ...

Fed Gloom

BENJAMIN ONG  |  WEDNESDAY, 16 JUL 2008
Market Movers Overnight (16 July) Fed Gloom US Federal Reserve Chairman Ben Bernanke's testimony before the US Congress last night catapulted the Australian dollar to a 25-year high in overnight trading. The Australian dollar broke above the US$0.9800 ...

This Week's Market Movers (14-18 July 2008)

BENJAMIN ONG  |  MONDAY, 14 JUL 2008
Macroeconomic indicators set for release this week are not expected to deviate from the ongoing global theme of slowing growth and higher inflation. Australia Reserve Bank of Australia (RBA) Governor Glenn Stevens address on the "Challenges for Economic ...

Home loan fall follows rate hikes

AAP  |  MONDAY, 12 MAY 2008
... said the Reserve Bank of Australia's (RBA) decision to increase interest rates in February and March - which took the cash rate to a near 12-year high of 7.25 per cent - was responsible for the slide in home loans commitments. In March, all of the major ...

Market Wrap - Morning

AAP  |  THURSDAY, 24 APR 2008
... started trading. Early today, the NZ Reserve Bank decided to keep official interest rates on hold, keeping its official cash rate (OCR) at 8.25 per cent, its level since last July.