The article announces that members of Reserve Bank of Australia (RBA) have been considering to cut the cash-rate target in Australia. Economists are expecting that members of RBA will exercise flexibility for policy on their next meeting on April 7, 2009. According to UBS AG chief economist ...
Analysts expect the RBA to hold its official cash rate steady at 4.35%, with no expectations for a dovish pivot. While inflation for the fourth quarter of 2023 cooled to a two-year low of 4.1%, it still remained well above the RBA’s 2-3% target range, bolstering bets for a hold. ...
Michele Bullock has been Governor Lowe's deputy since April 2022 and a short time before the RBA began raising its cash rate but is promoted with more than 40 years of experience at the bank after joining as an analyst in 1985. "The government has made a first rate choic...
"Australian employment is due a weak result following two very strong months of expansion. A weaker than expected result this month can see AUD/USD head towards downside support at 0.6595," says Clifton. The market is expecting a reading of 25K for April. The data comes after the R...
This means the interest rate differential, a key driver of FX, is unlikely to widen as much as in other pairs. AUD/USD climbs about a tenth of a percent into the 0.6440s on Thursday, continuing the correction of the steep sell-off in the pair at the start of April. ...
That kept market reaction muted. Investors slightly pared the chance of a rate cut from the Reserve Bank of Australia this December and next February to just 24% and 44%. Markets still see April next year as the most likely timing for the first easing. ...
some further adjustments remains possibledepending on the data. The central bank holds its next policy meeting on April 3.The 50 bps rate hike met with critics from foreign minister Eli Cohen.The shekel over the previous month depreciated from USD/ILS 3.35 to currently ...
OFGEM price cap hike in April. Furthermore, the CBI reports that manufacturers are raising prices at the fastest rate in over 40 years to cover rising raw material and energy input costs. The labour market remains hot with the unemployment rate at multi-decade lows whilst wage growth remains...
The Bank of Thailand is expected to keep rates steady at a record low of 1.5 percent on November 4, the level it has held since April 2015. But the central bank could "signal its willingness to lower interest rates further if there is a substantial deterioration in the economic outlook,"...
aMoreover, during November 2011 to December 2011, there was expansionary monetary policy by reducing the interest rate from 4.75 per cent to 4.25 per cent. In addition, the RBA has not doing really effective during December 2011 until April 2012. There was no change in cash rate in this pe...