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Showing 1 - 8 of 8 results for "Gareth Aird"

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... for the time being monetary policy remains in suspended animation." Commonwealth Bank head of Australian economics Gareth Aird also believes the RBA will keep interest rates unchanged this month. "The June board meeting comes in the wake of the 2024 ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... in more than three decades outside of the COVID-19 pandemic. Commonwealth Bank (CBA) head of Australian economics Gareth Aird said the quarterly changes in real GDP paints the picture of an economy that "continues to slow significantly", saying economic ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... the path to get inflation back into the target range was "uncertain". Commonwealth Bank head of Australian economics Gareth Aird said despite the potentially rocky road ahead, the bank is still anticipating the next move will be down. "The board did ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... focused on cooling inflation, it's unlikely the May budget will look to boost the economy, Commonwealth Bank's Gareth Aird tells Financial Standard. Some were stumped this week after the RBA sent the cash rate up another 25 basis points to 3.85% ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... and European central banks have hiked this week," Commonwealth Bank head of Australian economics and market research Gareth Aird told Financial Standard. "The RBA was willing to pause prior to the banking issues based on domestic factors - largely because ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... hasn't been perfect, but it has still been much more successful than in most other nations around the world." Gareth Aird, head of Australian economics at Commonwealth Bank, said the contraction was greater than anticipated, but is still not as scary ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... intensified. Business confidence weakened slightly, but remained positive overall. CBA's head of Australian economics Gareth Aird said: "The decline in business activity over August is hardly surprising given the lockdown measures in Victoria. With the ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... April). But all's not lost. Commenting on the Commonwealth Bank Flash PMI data, CBA Head of Australian Economics, Gareth Aird noted that, "May should mark the low point in the PMIs and we would expect activity to lift from here on a monthly basis. ...
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