That rate is far lower than previous RBA targets of 2 percent to 3 percent, forcing them to reassess market predictions. "The board judged that it was appropriate to hold the stance of policy unchanged at this meeting," Lowe said in a statement. "In doing so, it recognized that there wa...
SYDNEY, March 3 (Xinhua) -- The Reserve Bank of Australia (RBA) announced on Tuesday it will drop the official interest rate to a record low of 0.50 percent, citing the coronavirus outbreak as the main reason behind the decision. Markets were broadly pricing in the 25 basis point cut, wi...
RBA Governor apologies for rate forecast. “I’m certainly sorry if people listened to what we’d said and acted on what we’d said and now regret what they had done,” he said. https://www.9news.com.au/national/interest-rates-reserve-bank-australia-governor-philip-lowe-apologises-for-...
U.K.-based IMS Research. To tap into that early, companies like Evernote Corp. have already set up shop. At the Redwood City, California, headquarters of the note-taking software maker, about two dozen engineers work among a clutter of wireless watches, heart-rate monitors and Google...
The recorded rotational rate varied from 4 μrad/s to 8 mrad/s depending on the magnitudes (1.2–5) and epicentral distances (1.5–10 km); the maximum amplitude signal in the function of the epicentral distance and earthquake magnitude is presented in Figure 3. The sensitivity of the used ...