Bond markets too punchy on RBA rate cuts, say investors
Fund managers say traders have overblown the comments from governor Michele Bullock and are siding with the central bank on the rate outlook.
No RBA rate cut yet, but governor Bullock is about to find the pressure overwhelming
A staged rollout means the rebates hit bills in Queensland and West Australia in July and other states in August. The Bureau of Statistics says they took 6.4% off the average national power price in July and Westpac expects them to have taken off a further 15% in August.
Inflation falls to within RBA target range, but rate cut still in doubt
A drop in inflation to 2.7 per cent shows a continued moderation but comes too late after the Reserve Bank kept interest rates on hold.
RBA wants to see ‘evidence’ of inflation rate coming down ‘further’ before cutting rates
Deloitte Access Economics Lead Partner Pradeep Philip says he thinks the Reserve Bank of Australia will cut rates “early in the new year”. “They’d want to see more evidence of … the underlying inflation rate coming down a little bit further,
The RBA is no closer to cutting rates but it’s also not considering raising them
But with other nations now slashing rates and politicians screaming out for rate cuts in Australia the board didn’t consider the case for rate rises for the first time since March. In her post-meeting press conference,
Traders up bets on RBA December rate cut, ignoring Bullock
The bond market is sticking with its prediction of some rate relief by Christmas, despite governor Michele Bullock saying that inflation remains “too high”.
Decline in inflation ‘not enough’ for RBA to lower rates
Sky News Political Editor Andrew Clennell says the drop in inflation to 2.7 per cent is “not enough” for the Reserve Bank to lower rates. Annualised inflation fell from 3.5 per cent to 2.7 per cent in August,
RBA issues scathing assessment of ASX’s derivatives platform upgrade
In a lengthy review, the central bank has said the sharemarket operator was too slow in disclosing problems and suggests it ...
China's big-bang stimulus boosts yuan; Aussie up after RBA
China's yuan hit a 16-month high on Tuesday, after stimulus measures infused broader markets with enthusiasm and boosted the ...
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RBA makes rate call amid heightened speculation
The RBA left the cash rate unchanged at 4.35 per cent for the seventh consecutive time, noting: “At its meeting today, the ...
At 2.7%, Australian inflation is back within the RBA zone. Here’s why that matters
Australia’s inflation rate was pushed down by a 17.9% fall in electricity prices, but even the Reserve Bank’s preferred ...
RBA Set to Extend Rate Pause as Housing Crisis Props Up Prices
Australia’s record household debt was a key factor in the Reserve Bank’s cautious approach to tightening, and now housing is ...
RBA announces new interest rate decision, holding at 4.35 per cent
Australians with mortgages have collectively paid an estimated extra $5.52bn in repayments every month since the Reserve Bank ...
Asia Stocks Steady Ahead of RBA Decision, Ueda Speech
The euro was steady at $1.11055 in early Asian hours, having dropped about 0.5% on Monday as business activity reports for ...
RBA Signals Key Rate to Stay at 12-Year High for Time Being
Australia’s central bank held its key interest rate at a 12-year high on Tuesday as it tries to subdue stubborn price pressures that are preventing it from joining a global easing cycle.
Australia news live: RBA ‘didn’t explicitly consider’ hiking interest rates, governor says; teenager fatally stabbed at Melbourne food court
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RBA doing a ‘really good job’ in ‘very difficult economic circumstances’
Deloitte Access Economics Lead Partner Pradeep Philip says the Reserve Bank of Australia has generally been doing a “really ...