As widely expected, the Reserve Bank of Australia (RBA) lifted interest rates by another 50 basis points today. The fourth rate hike in as many months, today’s decision takes the cash rate from an emergency low of 0.1% to 1.85%. Since commencing the tightening cycle on...
In actuality, it isn’t that simple. The RBA can’t just set interest rates at 2 percent. The reason is because in a free market, banks will always try to find a better deal. The RBA must work with the forces of supply and demand for money, and then push or pull interest rates w...
The Reserve Bank of Australia has todaylifted official interest rates to 0.35pc, in the first rise since 2010. The RBA rate rise today follows the news from the ABSlast weekthat inflation had hit 5.1% in the 12 months to March. This raises the question of what rising infla...
By Greg Hunter’s USAWatchdog.com (Saturday Night Post) Economic analyst and financial writer David Morgan says do not expect the Federal Reserve to lower interest rates anytime soon. Morgan thinks the Fed is not going to devalue the dollar. Morgan expla
This move was also widely anticipated but the Aussie Dollar strengthened afterwards as the market saw the longer term prospects for the economy as improving with the RBA finally becoming more proactive. The Reserve Bank of New Zealand are now widely expected to cut interest rates this mont...
However, the term structure rarely mako uncertainty about netterminterest rates being more stable thaes a parallel shift, long- -Outrhaetri omne ttheonddss otfo iomvmeurnsitzaattei otnh eh relative nr isshkoirnte-stse romf ilnotnegr-etsetr mr abtoensd,s .and so(see Ingersoll, Skelton...
Determining the effective interest rate is a breeze with these formulas When you're shopping for a savings account, the interest rates you're quoted don't take into account all the money you'll earn. The effective interest rate does factor...
This move was also widely anticipated but the Aussie Dollar strengthened afterwards as the market saw the longer term prospects for the economy as improving with the RBA finally becoming more proactive. The Reserve Bank of New Zealand are now widely expected to cut interest rates this mon...
This move was also widely anticipated but the Aussie Dollar strengthened afterwards as the market saw the longer term prospects for the economy as improving with the RBA finally becoming more proactive. The Reserve Bank of New Zealand are now widely expected to cut interest rates this ...
This move was also widely anticipated but the Aussie Dollar strengthened afterwards as the market saw the longer term prospects for the economy as improving with the RBA finally becoming more proactive. The Reserve Bank of New Zealand are now widely expected to cut interest rates this...