Read the full-text online article and more details about "Interest Rates Rise to 4.75%; Horse Race That Stops the Nation Didn't Stop the RBA Increasing Cash Rate" - Sunshine Coast Daily (Maroochydore, Australia), November 6, 2010
“The rise in December retail sales volumes was supported by lower price growth for retail goods. Consumers particularly took advantage of discounting for discretionary items like furniture and electronic goods,” said Ben Dorber, head of retail statistics at the Australian Bureau of Statistics. ...
Additionally, economists expect producer prices to rise by 0.6% in Q1 after advancing by 0.9% in Q4. Hotter-than-expected producer prices could raise speculation about an RBA interest rate hike. Producers increase prices in a higher-demand environment, passing costs onto consumers. In Q1, ...
“At this stage we’re looking at just under even money for a hike,” said Joshua Williamson, a senior strategist at TD Securities. “But if the activity data remains strong and doesn’t respond to this particular hike today, we could well see another rise before mid-year.” That outlook...
sFOMC Minutesas well. The key question being how large the hawkish Fed minority was in favour of sticking to a 50 bps rate hike pace, as suggested byFedMester and Bullard last week around. To fill the void until these Minutes,S&P global will serve February PMI s...
Today, Stevens said: “The board judged that, with modest domestic growth and a weaker and more uncertain international environment, the outlook for inflation afforded scope for a more accommodative stance of monetary policy.” Forget about the implied 5.5% NGDP growth forecast. Australia has ...
The policy statement reiterated readiness to more if necessary and commitment to keep rates low for at least three years while warning that unemployment could rise further. The rate decision was expected to be a non-event in the wake of increased coronavirus vaccine-led global ec...
ANZ Says Interest Rate Rise Justified; Variable Rate on Home Loans Lifted above RBA HikeRead the full-text online article and more details about ANZ Says Interest Rate Rise Justified; Variable Rate on Home Loans Lifted above RBA Hike.