Search ResultsShowing 1 - 10 of 29 results for "Glen Stevens"
Chief economist update: The rate cut Australia has to have
BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... 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 2016 - to a new record low of 1.25% at 1430 hours (AEST) ...
Timely market surge for a tough budget
BENJAMIN ONG  |  TUESDAY, 13 MAY 2014
... wait until 7:30 tonight (AEST) to find out how bloody, sweaty and teary we'll get. Then again, there's Governor Glen Stevens we can count on to wipe those blood, sweat and tears away - or some of it. He's an accommodative central banker too.
A$ rising on China slowing
BENJAMIN ONG  |  TUESDAY, 25 MAR 2014
Uh-oh, Governor Glen Stevens won't be a happy little Vegemite this morning. No Virginia ... not with headlines proclaiming the Australian dollar's comeback - as in, it's again on the rise against the US dollar. My Bloomberg screen shows the A$ fetched ...
When saving goes bad
BENJAMIN ONG  |  FRIDAY, 28 FEB 2014
... economy. The more the government saves, the more households save, the more businesses saves. Guess it's up to Governor Glen Stevens to save the day. But tell me how anyone could afford to pay zero percent interest rates with zero income? Saving for a ...
A-dollar zero point six six
BENJAMIN ONG  |  TUESDAY, 25 FEB 2014
... and/or rising inflation - which slows growth and weakens the US dollar. And does anybody think that the RBA Governor Glen Stevens would sit idly by and hold "interest rates until 2016" if the dollar-A's drop to US$0.66 by end 2015 results in rising imported ...
Up, up, prices are up
BENJAMIN ONG  |  THURSDAY, 23 JAN 2014
... peeped above the RBA's mid-point target, clocking in at 2.6% in the three months to December. Dear oh dear! Governor Glen Stevens would have to start thinking about lifting the official cash rate now. That's the knee-jerk reaction in the financial markets ...
Down, down, A$ stay down (please?)
BENJAMIN ONG  |  MONDAY, 25 NOV 2013
... week's closing of US$0.9371 and by 13.5% from this year's peak of US$1.0598. Reserve Bank of Australia (RBA) Governor Glen Stevens must be smilin' and hummin' the K.C. and the Sunshine Band's "That's the way, aha, aha, I like it, aha, aha..." But wait...Governor ...
That stupid war again
BENJAMIN ONG  |  FRIDAY, 22 NOV 2013
... (RBA) is gearing up for battle. At last night's Australian Business Economists annual dinner in Sydney, Governor Glen Stevens told his audience hinted at intervening in the currency. "Overall, in this episode so far, the Bank has not been convinced that ...
RBA and Melbourne Cup two-fecta
BENJAMIN ONG  |  TUESDAY, 5 NOV 2013
... wouldn't be just a few punters putting words in the horse's mouth. It'll be more difficult for the RBA. Governor Glen Stevens has to explain the bank's decision and at the same time (hopefully), provide forward guidance on the trajectory of interest ...
Prayin' for a taperin'
BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2013
... start tapering - and soon - that dude would be no other than our very own Reserve Bank of Australia (RBA) Governor Glen Stevens. In case you think I'm making this up, here's a snippet of his remarks at Citi's 5th Annual Australian & New Zealand Investment ...
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