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Showing 1 - 10 of 19 results for "October meeting"

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... do not think that this monthly CPI indicator print will be enough to get the RBA over the line to hike at its October meeting next week." Rather, he said the RBA is likely to wait for the official quarterly CPI due on October 25 and the next labour market ...

RBA tipped for another rate rise

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
... Price, HSBC, and Janus Henderson. "Last month, we predicted the RBA would again hike 50 basis points (bps) at the October meeting and see no reason to deviate," T.Rowe Price associate portfolio manager Scott Solomon said. "Shortly after the September ...

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... rate hike expectations, and for good reasons. The Reserve Bank of New Zealand (RBNZ) started proceedings at its 6 October meeting when it doubled the official cash rate from 0.25% to 0.5% -- the first rate hike since June 2014 - in order to "maintain ...

AustralianSuper net-zero promise flawed: MarketForces

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... risk of climate change on its portfolio's long-term performance. The decision was endorsed by its board in an October meeting. So far, it has committed to having $1 billion (or 0.56% of its $180 billion in total assets) invested in renewables by ...

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
... unchanged - target rate at -0.1% and target for the 10-year Japanese government bond yield at around 0% -- at its October meeting. "For the time being, the Bank will closely monitor the impact of the novel coronavirus (COVID-19) and will not hesitate ...

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
... monetary policy. Over the past many months, the BOJ has done nothing and it kept policy unchanged at it's October meeting only hours after the US Federal Reserve cut the Fed Funds Rate for a third time in October, following its July and September ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... it's let its mouth do the policy adjusting - or in the vernacular, verbal intervention. It did it again at its October meeting - it kept monetary policy settings unchanged while at the same time stating that: "The bank will not hesitate to take additional ...

Chief economist update: BOE waiting on Brexit

BENJAMIN ONG  |  FRIDAY, 2 NOV 2018
When the Bank of England's (BOE) Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on the 2nd of August, BOE governor Mark Carney was quoted as saying, "The mistake is to always wait, wait, wait until you ...

Japan does a double double-dip

BENJAMIN ONG  |  TUESDAY, 17 NOV 2015
... month after month in its monetary policy statements, it could not will sustained growth and inflation. At its October meeting - where it kept interest rates unchanged at 0-0.1% and maintained JGB purchases at an annual pace of ¥80 trillion - the BOJ ...

Santa Mario brings cheers

BENJAMIN ONG  |  FRIDAY, 23 OCT 2015
... before this, we'll hear the Fed's Janet Christmas offering - will she be naughty or nice? - after the FOMC's 27-28 October meeting. Nobody, not even a mouse, expects any major announcement though, not until closer to the yuletide on their next meet on ...
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