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Showing 71 - 80 of 198 results for "RBA Governor"

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... would be the lower bound (before QE). In his outing at the 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 ...

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... output, there is an increase in output elsewhere in the economy of $2.9 million." That was on 7 March 2019, a day after RBA Governor Philip Lowe addressed the AFR Business Summit in Sydney on 'The Housing Market and the Economy', wherein which ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... Australia (RBA) rate reduction, they're too late. The only question that needs to be answered is how low would RBA Governor Lowe go? The more rate cut writings were splashed all over the wall since the last rate cut in October. Historically, the ...

Is EM an investor's saving grace?

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
... investors get to lower yields. "It is no secret the Reserve Bank of Australia has an easing bias. Seven years ago RBA governor Phillip Lowe said very low rates are nothing to aspire to, and yet here we are," Doyle said. "Australians, especially those ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... negative effect of low interest rates on the income and confidence of savers might be more significant." There was RBA governor Philip Lowe's statement at the International Monetary Fund (IMF) forum in Washington about his optimism over the domestic ...

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

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... of better-than-expected employment data sealed the November 5 rate cut coffin, with the last nail hammered in by RBA governor Philip Lowe's statement at the International Monetary Fund (IMF) forum in Washington about his optimism over the domestic ...

Chief economist update: Negative bang for RBA, government's buck

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
"Pessimism becomes a self-fulfilling prophecy; it reproduces itself by crippling our willingness to act." - Howard Zinn Taken after the Reserve Bank of Australia's (RBA) third interest rate reduction this year which brought the official cash rate ...

Chief economist update: When monetary and fiscal policies don't meet

BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
He said, he said. This must be a thing now. Just as US President Trump and his central bank governor Jerome Powell don't see eye to eye with the conduct of government and monetary policies, there is no meeting of the minds between Australian Prime ...

Chief economist update: Zero here we go

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2019
... But enough of shoulda, woulda, coulda. It's all water under the bridge. The road ahead is what matters more. As RBA Governor Lowe explained, "The Board took the decision to lower interest rates further today to support employment and income growth ...

Chief economist update: Morrison, Frydenberg cannot have their surplus and eat it too

BENJAMIN ONG  |  THURSDAY, 26 SEP 2019
... spend, even if interest rates were cut down to zero or even if you pay them (negative interest rates) to borrow. RBA governor Philip Lowe acknowledged as much in his recent address to the Armidale Business Chamber, "monetary policy has become less effective ...