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Showing 81 - 90 of 172 results for "Philip Lowe"

Chief economist update: RBA cuts official cash rate to 0.75%

BENJAMIN ONG  |  WEDNESDAY, 25 SEP 2019
... Australia (RBA) concludes its scheduled board meeting. In his address to the Armidale Business Chamber, RBA governor Philip Lowe practically confirmed widespread market expectations that this would come to pass. "At our board meeting next week, we will ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
As widely expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.0% at its September meeting. Operative phrase: "as widely expected". You, I and Irene can wax pedantic about some changes in RBA governor Philip Lowe's ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... helping hand" because central banks are running out of ammunition. No less than Reserve Bank of Australia Governor Philip Lowe backs up Financial Standard 's earlier prescriptions. As printed in the Australian Financial Review on August 27: "He told ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... Australian House of Representatives Standing Committee on Economics on August 9, Reserve Bank of Australia (RBA) governor Philip Lowe practically gave his nod of approval in Financial Standard 's clear as the crystal ball's prediction (made two ...

RBA in no rush to lift cash rate

KANIKA SOOD  |  FRIDAY, 26 JUL 2019
Investors should brace for the 1% cash rate environment to continue, after Reserve Bank of Australia governor Philip Lowe turned the spotlight to the stubborn inflation rates at a Sydney lunch yesterday. Speaking at Anika Foundation Luncheon, Lowe said ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... 4 - the night after the afternoon when the central bank announced its first rate cut since August 2016 - governor Philip Lowe declared 4.5% is the unemployment rate at which wages start to lift and feed into inflation. Latest data show Australia's ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
... about it, for sure and for certain the Reserve Bank of Australia (RBA) will cut interest rates again. RBA governor Philip Lowe told us so when he addressed the Committee for Economic Development of Australia (CEDA) event in Adelaide on June 20. Talking ...

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
"Toto, we're not in Kansas anymore." The Reserve Bank of Australia's (RBA) decision to cut the official cash rate to a fresh record low of 1.25% takes the country's monetary policy into uncharted waters. More uncharted it would be if JP ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
Reserve Bank of Australia governor Philip Lowe is set to be remembered in history as the man who took Australia's official cash rate from a historic low of 1.5% - set under Glen Stevens one month before he stepped down as RBA head honcho in September ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
"The heat is on, the heat is on, the heat is on Oh it's on the street, the heat is on..." - Glenn Frey Oh yes, Virginia, the Reserve Bank better deliver a cut in interest rates when its board meets next week (June 4) or there'll be a lot of ...