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Showing 1 - 10 of 37 results for "June meeting"

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... of slowing growth, rising unemployment and falling inflation should see it in a position to start cutting at its June meeting (if not then in August)," Oliver said. David Robertson from Bendigo Bank agreed. "The RBA will want to see much more progress ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... yet to fade." Nevertheless, Bloxham added the RBA will still view the results as positive. "As the minutes from the June meeting reported, the choice to hike at that meeting was a finely balanced one," he said. "If the backdrop is seen in a similar light ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... factor is the speed of adjustment in the CPI toward the RBA's 2-3% target. "We see the mostly likely outcome of the June meeting as a pause." After the RBA surprised the market in May lifting the cash rate by 25 basis points, HSBC chief economist Paul ...

Chief economist update: Japan still waiting for the sun to rise

BENJAMIN ONG  |  MONDAY, 28 JUN 2021
... positive 0.1% from April's minus 0.1% rate. Still, the Bank of Japan (BOJ) remains optimistic, noting in its 17-18 June meeting that: "Although the level of Japan's economic activity, mainly in the face-to-face services sector, is expected to ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
... and Federal Reserve Bank presidents thinking that there would be a rate rise next year increased to seven at the June meeting (from four three months earlier) and those predicting higher interest rates by 2023 rising from seven out of 18 in March to ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
... billion. In May, it launched a new lending program worth around ¥30 trillion to support small businesses. At its June meeting, the BOJ increase the size of its corporate support package from ¥75 trillion to ¥110 trillion (US$1 trillion). These, along ...

Economic outlook not as bad as predicted: RBA

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... said the extent of the economic downturn, as a result of the impacts of COVID-19, is not as dire as expected. At the June meeting, the RBA board decided to maintain the current policy settings, keeping the cash rate at the record low of 0.25%. "The global ...

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
... different tune. While the BOE's monetary policy committee decided to keep current monetary policy settings at its June meeting just like the Fed and the Bank of Japan, it offered an opposing forward guidance to the future path of UK interest rates. ...

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
... this year. Heck, Federal Reserve Bank of St. Louis James Bullard even voted for an outright 25 bps rate reduction at June meeting. Not surprisingly, investors are putting their money where their expectations are - benchmark US equity indices closed higher ...

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... The CME FedWatch Tool puts the probability the Fed will keep interest rates unchanged at current levels after its June meeting at 77.5%. This intuitively makes sense. The US central bank couldn't just adjust policy settings from a "patient pause" ...
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