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Showing 1 - 10 of 384 results for %22Official Monetary%22

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... David Robertson from Bendigo Bank agreed. "The RBA will want to see much more progress with core inflation before cutting official rates," Robertson said. Harry Murphy Cruise, Moody's Analytics assistant director and economist, said at the very earliest ...

Macro environment trumps inflation for asset owners: Research

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... managing a volatile macroeconomic environment as they attempt to recoup massive losses, a new study shows. The Official Monetary and Financial Institutions Forum's (OMFIF) latest survey of 50 pension funds and 50 sovereign wealth funds - which included ...

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... aspects of the design and execution of balance sheet and financial market operations. Additionally, he manages the UK's official foreign exchange reserves and coordinates market intelligence and analytical advice to the BoE's monetary and macro-prudential ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... current practice. Further, all board members will have the opportunity to attend an internal staff meeting before the official meeting, allowing them to hear directly from, and ask questions of, a broader range of staff. The post-meeting statement, which ...

Federal Reserve holds rates steady

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... (FOMC) opted to hold the funds rate steady, citing the need to assess additional information and its implications for monetary policy. The Committee said it will consider the cumulative tightening of monetary policy, the lags with which monetary policy ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... replace outgoing members Wendy Craik and Mark Barnaba. "They will help ensure the board is well equipped both to deliver monetary policy in an increasingly complex and uncertain environment and to implement the recommendations of the RBA Review," Chalmers ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... review was conducted and authored by Australian National University professor Renee Fry-McKibbin, former senior Treasury official Gordon de Brouwer and Canadian central banker Carolyn Wilkins. They have suggested the changes that require legislative ...

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... economist Silvia Dall'Angelo said CPI figures confirmed a downward trend in inflation, largely endorsing the Fed's baseline monetary policy trajectory. "According to the Fed's latest dot plot, the policy rate will peak at just north of 5%. However, as ...

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
... market analyst Daniel Moss commented: "Governor Phillip Lowe and his colleagues at the RBA are expected to raise the official cash rate by 25-basis points at their last meeting of 2022, bringing the benchmark interest rate to 3.1% - the highest levels ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... said: "While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the state of the business cycle." "Recession probabilities are never zero, but ...
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