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Showing 1 - 10 of 16 results for "August Board"

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... near-term cut "doesn't align with the board's current thinking". The RBA has introduced forward guidance since the August board meeting, and Commonwealth Bank of Australia (CBA) head of Australian economics Gareth Aird says this guidance is "at odds" ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at its August board meeting. RBA governor Michele Bullock said the case for an interest rate cut in the near-term was not a likely scenario. "Based on what I know today and what ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
At the conclusion of its August board meeting, the Reserve Bank of Australia (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis ...

Chief economist update: RBA heading to zero

BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
... lopping A$53 billion off the Australian equity market on the same day the Reserve Bank of Australia (RBA) held its August board meeting. As expected, the RBA kept interest rates on hold at 1% following its back-to-back 25 bps interest rate cuts in June ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 12 AUG 2016
... rates a second time this year. The RBNZ lowered the official cash rate by 25 bps to a record low 2.0% after its 11 August Board meeting. It last lowered interest rates from 2.5% to 2.25% back in March this year. According to RBNZ Governor Graeme Wheeler ...

Australia: which way now?

BENJAMIN ONG  |  WEDNESDAY, 19 AUG 2015
... the Rio... but it could never, never be us. For, according to the minutes of the Reserve Bank of Australia's (RBA) August Board meeting, "Domestically, economic activity had generally been more positive over recent months." Likewise, "Members noted that ...

Indian economy accelerating/slowing

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2015
... did too. The Reserve Bank of India (RBI) announced no change in policy settings following the conclusion of its 4 August Board meeting and this, despite government pressure for it to lower interest rates - which at 7.25% are among the highest in Asia ...

Market Wrap

AAP  |  TUESDAY, 21 AUG 2012
... points at 4,351. In economic news on Tuesday, the Reserve Bank of Australia is due to release the minutes of its August board meeting. In equities news, Consolidated Media Holdings, Amcor, Arrium, Oil Search, Monadelphous Group and Sonic Healthcare are ...

Market Wrap - Midday

AAP  |  TUESDAY, 16 AUG 2011
... Mr Waterer said the Aussie dipped slightly after the Reserve Bank of Australia (RBA) released the minutes of its August board meeting, at 1130 AEST on Tuesday. "We saw the dollar lose about ten pips (to a low of 104.61 US cents) in the wake of the RBA ...

Market Wrap - Morning

AAP  |  TUESDAY, 16 AUG 2011
... situation'," Mr Ive said. In economics news on Tuesday, the Reserve Bank of Australia (RBA) releases the minutes of its August board meeting, at 1130 AEST. Mr Ive said the minutes were a bit "historical" now, because of the drama that had unfolded on ...
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