Chris O'Keefe interest ratesRBA Chris O’Keefe examines the potential consequences of further rate hikes, as a number of Australian economists believe that’s what Australia needs to smash down inflation. Hear more highlights from Drive with Chris O’Keefe below: Chris O'Keefe BanksMoney...
Mark Metcalfe | Getty Images News | Getty Images Australia's central bank on Tuesday raised interest rates for a third straight month and flagged more ahead as it struggles to contain surging inflation even at the risk of triggering an economic downturn. Wrapping up its July policy meeting, the...
on air now Latest News 131 873 FEEDBACK Home News RBA’s shock interest rate.. 03/05/2023 5:20 am/07:34 Sharethispodcast Clinton Maynard Luke speaks to Warren Hogan, Managing director of EQ Economics & economic adviser to Judo Bank, to discuss the RBA handing down its latest interest ...
Interest rate cuts – if passed on by banks to their customers, are clearly good news for mortgage holders and provide the economy with increased consumer spending potential. Likewise, lower rates are good news for businesses with lower lending costs acting to of...
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 Tue, Feb 6 20249:14 PM EST CNBC Pro: ‘This stock could double’: Fund manager loads up on shares of two ...
(RBA) potentially driving the country toward a recession. As the RBA shows signs of re-accelerating its efforts to raise interest rates, Bennett delves into the reasons behind the recent pause and subsequent rate hikes. Bennett sheds light on the crucial topic of interest rates, discussing how...
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On Tuesday, the board affirmed all the elements of that package and said it would not raise interest rates until it made progress in achieving its employment and inflation goals. The decision comes as economists predict the worst recession in Australia's history that would s...
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...
Australian wages appear to be peaking, which could in turn mean the Reserve Bank of Australia (RBA) has potentially reached its peak interest rate for the current cycle. Australia'swage indexlifted 0.8% quarter-on-quarter in the first quarter, which was a touch softer than the market'...