The Reserve Bank of Australia (RBA) is set to decide on its latest call on interest rates on Tuesday 7 November and it may provide volatility around AUD/USD. The pair has seen upward creep of late in part due to the drop in the US dollar but also on growing expectations that the RBA...
investors now await the policy decision from theReserve Bank of Australia later in the day,where the central bank is expected to stand pat on interest rates. — Shreyashi Sanyal Mon, Feb 5 20249:14 PM EST CNBC Pro: 'This stock could double': Fund manager loads up on shares of two ban...
interest rate decisionlogit modelThis paper has examines the determinants of RBA target rate decisions over the period January 2004 – December 2010. A binary logit model indicates that the absolute inflation gap, unemployment rate, and term spread are good predictors of whether the RBA changes ...
RBAannouncements inform everyone about theinterest ratesand are one of the most anticipated events on the economic calendar for AUD pairs…. … (Official website) RBAMeeting Schedule 2020 (RBA Meeting calendar – Interest Rate Decision )
Following the RBA decision to hold interest rates on Tuesday, the Financial Stability Review will give investors a further sense of the RBA’s view on household credit conditions. A gloomy assessment would weigh on the Aussie. However, trade data will also move the dial. Economists forecast the...
The cuts do not aim to stimulate the economy but to acknowledge progress on inflation and move toward a normalised policy stance. Given the Fed’s confidence in the inflation path, not cutting now would mean restraining the economy further via higher real interest rates. Hence, thi...
Unlike the Fed, the RBA doesn’t release a dot plot for rates but it will publish updated quarterly economic forecasts alongside its decision. Economists don’t expect major changes to the CPI outlook. The central bank’s August update showed trimmed mean inflation, a core gauge of prices...
There’s always lots of talk in the media in the days leading up to the RBA announcement. People care about the monetary policy decision because it often has an immediate impact on their cash flow. This is primarily because we’re a nation of debtors. When the RBA lowers their target cas...
The Fed's decision to cut interest rates by 50 basis points was, to put it bluntly, an early Christmas present for fixed income investors. The dot plot, which demonstrates the Fed's own forecasts for where interest rates are likely to move in the future...
a) Explain how the Federal Reserve Bank's (Fed) decision to raise interest rates would be expected to affect each component of the Weighted Average Cost of Capital (WACC). b) What four mistakes are c A) How can a central bank use direct...