Last week’s quarterly CPI figures revealed a drop in trimmed mean CPI to 3.5%, above the RBA’s 2-3% target band. Headline inflation fell to 2.8% for the quarter. However, that was due to the effects ...
“The upshot is that we no longer expect the RBA to cut the cash rate in December 2024. Instead, we pencil in February 2025 for a 25 bp rate decrease,” Aird said. Similarly, Andrew Canobi, director at ...
Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET. Company Participants. Sameer Rathod - VP IR & Market Intelligence James Kessler - CEO Eric ...
Ms Bullock said the RBA did look at his specific policies, including placing tariffs of 60 per cent on China, but whether Mr Trump actually follows through on his plans remains to be seen.
The Reserve Bank of Australia has held the official cash rate at 4.35pc, Domino's Pizza long-serving CEO stood aside, and the ASX lost ground. Catch up on the day's financial news and insights ...
The RBA has again refused to cut interest rates owing to a political judgment that makes no sense. The stupidity is perhaps not so damaging that it warrants the dramatic step of intervention but ...
The RBA’s analysis was included in response to questions from a Coalition-led Senate committee examining whether mortgage regulations are locking out first home buyers. The RBA noted that it had ...
All the major banks – ANZ, CBA, NAB and Westpac – forecast no rate change this year ... with the three other major banks, saying the RBA won’t move till its first meeting of 2025 in February.
On an annual basis, the trimmed mean climbed 3.5%, also in line with forecasts. The RBA is focused on core CPI as government subsidies are suppressing headline prices.
“The upshot is that we no longer expect the RBA to cut the cash rate in December 2024. “Instead we pencil in February 2025 for a 25 basis point rate decrease.” While the inflation data had ...