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Showing 1 - 10 of 31 results for "April 8 meeting"

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... spiral," Spearing said. "We believe it's likely that the RBA will raise interest rates a further 25 bps to 3.85% in its April meeting. If at that point we fail to see an easing in inflation and the labour market, we may see the cash rate above 4% by ...

RBA eyes an early rate hike

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
... has picked up, in aggregate terms growth was below rates likely to be consistent with inflation forecasts. At the April meeting, the board decided to maintain the cash rate target at 10 basis points but change is likely over the coming months as additional ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
... expected, the Bank of Japan's (BOJ) monetary policy board decided to keep current settings unchanged at its April meeting. Ever the optimist, the BOJ summarised its view in its "Outlook for Economic Activity and Prices (April 2021)" report, saying ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... Accomplished". But unlike the Bank of Canada which walked its optimistic talk by announcing a "tapering of QE" at its 21 April meeting, the RBA's holding out till July. To wit: "At its July meeting, the Board will consider whether to retain the April ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
... bottom end of the RBA's 2%-3% target band. In addition, and as the Australian central bank anticipated at its April meeting, "In the short term, CPI inflation is expected to rise temporarily because of the reversal of some COVID-19-related price ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
... purchase CP and corporate bonds by ¥2 trillion in total to ¥3.2 trillion and ¥4.2 trillion, respectively. At its April meeting, the BOJ removed the limit on JGB purchases so that 10-year yields will remain at 0%, and increased its purchases of corporate ...

Chief economist update: Eurozone good news to get worse before it gets better

BENJAMIN ONG  |  TUESDAY, 5 MAY 2020
... quickly fallen to -8.8% y/y." Overlayed against all these is the ECB's reluctance to do whatever it takes. At its April meeting, the ECB left its key policy settings on hold and did not expand QE.

Chief economist update: BOJ expands Enhancement of Monetary Easing

BENJAMIN ONG  |  TUESDAY, 28 APR 2020
... limit the economic fallout from the coronavirus. It had the same label for its expanded policy initiative at its April meeting. Perhaps, the BOJ should have called it "Expanded Enhancement of Monetary Easing". Most notable, the new programme removed ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
... These, perhaps factored into Bank of Korea's (BOK) decision to keep monetary policy settings unchanged at its 9 April meeting. So does the fact that the Korean central bank announced policy easing measures only less than a month before. At its March ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... widely expected the Reserve Bank of Australia's (RBA) decision to keep monetary policy settings unchanged at its April meeting especially so soon after announcing a comprehensive accommodation package the month before, which included: A reduction ...
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