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Showing 1 - 10 of 11 results for "Phillip Lowe"

RBA scenario implies record costs: UBS

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
... held by high-income households that have the ability to service the debt," Bullock said. Meanwhile, RBA governor Phillip Lowe has stressed that the RBA isn't on a preset path to get to neutral and would instead maintain a flexible inflation targeting ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... the upside again and the Federal Reserve ends up hiking 100 basis points," UBS said. That being said, RBA governor Phillip Lowe has argued that a 75-basis point move was never on the table as an option. Then again, Lowe once said Australia's inflation ...

RBA raises interest rates again

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
... (RBA) has increased the cash rate by 50 basis points, ramping up its efforts to quash runaway inflation. RBA governor Phillip Lowe stayed the course with his assessment that while the Australian economy remained resilient, a combination of global and ...

Inflation a greater danger than recession: Powell

ANDREW MCKEAN  |  THURSDAY, 30 JUN 2022
... next two years. At the UBS panel discussion of central banks and inflation, Reserve Bank of Australia (RBA) governor Phillip Lowe commented: "I'm not expecting a recession but we're on a narrow path." "Like other countries we're having to raise interest ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting today, RBA governor Phillip Lowe said inflation in Australia has increased significantly. Lowe said: "While inflation is lower than in most other advanced ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... Australians during the pandemic and to tame swelling inflation figures. In a statement about the decision, RBA governor Phillip Lowe acknowledged "this increase in interest rates comes earlier than the guidance the Bank was providing during the dark ...

Consumer confidence rises as inflation expectations drop

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
... potentially lower IE and lift consumer sentiment further. Though, despite this week's positive result, RBA governor Phillip Lowe has warned that higher prices for petrol and other commodities will result in worsening inflation over the coming quarters. ...

Business investment slow to click into gear: Lowe

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
Reserve Bank of Australia governor Phillip Lowe has expressed his concerns over the slow uptake of business investment in Australia, which he said is slowing economic recovery. Lowe said a durable recovery from COVID-19 requires a strong and sustained ...

Economic outlook not as bad as predicted: RBA

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
The Reserve Bank of Australia governor Phillip Lowe 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 ...

Industry super steps up SG campaign as RBA weighs in

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
... radio, outdoor, online and social last night, ISAs new campaign is timely in light of comments made by RBA governor Phillip Lowe at a House of Representatives Standing Committee on Economics hearing on Friday. The head of the Reserve Bank said the RBA ...
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