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RBA leaves door open to interest rate cuts and rises as unemployment risks rise: The RBA appears to have learnt from past mistakes by opening up its interest ...
abc.net.au/news/2024-03-20/rba-leaves-door-open-to-interest-rate-cuts-and-rises/103608322
RBA leaves door open to interest rate cuts and rises as unemployment risks ...
Quick Glance: RBA's Stance on Interest Rates Amid Rising Unemployment Risks
  • The Reserve Bank considers both interest rate cuts and rises as unemployment risks increase.

  • Contrary to expectations, the US Federal Reserve is not likely to cut rates, shifting focus to Australian rate cuts.

  • Economic performance and job data are crucial factors influencing future monetary policy decisions.

  • Investors and policymakers are adjusting strategies in anticipation of potential rate cuts and economic slowdown.
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RBA keeps interest rates on hold at 4.35 per cent: The Reserve Bank has left interest rates on hold amid signs that growth in the economy has dramatically slowed ...
abc.net.au/news/2024-03-19/rba-keeps-interest-rates-on-hold-at-4-35-per-cent/103603962
RBA keeps interest rates on hold at 4.35 per cent
Profile picture of The Age
Reserve Bank holds interest rates steady: The Reserve Bank has kept the cash rate at 4.35 per cent as inflation continues to ease and economic growth all but ...
theage.com.au/politics/federal/reserve-bank-holds-interest-rates-steady-20240319-p5fdgl.html
Reserve Bank holds interest rates steady
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US industrialization will be top investment theme of next decade: RBA: RBA says energy and utility infrastructure, transportation, and real estate are top ...
markets.businessinsider.com/news/stocks/stock-market-oulook-industrialization-top-investment-theme-energy-infrastructure-manufacturing-2024-3
US industrialization will be top investment theme of next decade: RBA
Profile picture of The Sydney Morning Herald
Stacking with ‘his mates’: Coalition attacks Chalmers on RBA reform: The Coalition has accused Jim Chalmers of trying to stack a part of the Reserve Bank that ...
smh.com.au/politics/federal/stacking-with-his-mates-coalition-attacks-chalmers-on-rba-reform-20240320-p5fdxj.html
Stacking with ‘his mates’: Coalition attacks Chalmers on RBA reform
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Inflation expected to head in the wrong direction as the prices of services come into view
abc.net.au/news/2024-03-27/david-taylor-analysis/103636442
Inflation expected to head in the wrong direction as the prices of ...
Profile picture of The Sydney Morning Herald
RBA warns borrowers are in for a tough year. But there’s some relief in sight: The Reserve Bank says one-in-20 borrowers are in negative cash flow ...
smh.com.au/politics/federal/rba-warns-borrowers-are-in-for-a-tough-year-but-there-s-some-relief-in-sight-20240322-p5fef0.html
RBA warns borrowers are in for a tough year. But there’s some relief in ...
Profile picture of Newsroom (website)
Australian-owned banks can't explain 'persistently high profits', says Commerce Commission report
newsroom.co.nz/2024/03/21/commerce-commission-delivers-draft-report-on-personal-banking-competition/
Australian-owned banks can't explain 'persistently high ...
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Can Australia pull off the once-impossible with jobs and inflation?: Despite the brutal round of interest rate hikes, people are still holding onto their jobs — ...
abc.net.au/news/2024-03-26/immaculate-disinflation-rba-central-banks-unemployment-inflation/103630768
Can Australia pull off the once-impossible with jobs and inflation?
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Australia Signals It’s Done Hiking Rates, Sending Currency Lower: Australia’s central bank signaled it’s done tightening monetary policy after leaving interest ...
bloomberg.com/news/articles/2024-03-19/rba-drops-tightening-bias-after-holding-key-interest-rate
Australia Signals It’s Done Hiking Rates, Sending Currency Lower
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‘So sad’: Beloved restaurant collapses: Tough trading conditions in the hospitality sector have struck again, with the collapse of another popular restaurant.
news.com.au/finance/business/other-industries/really-tough-time-as-beloved-venue-collapses/news-story/625e47913decf71ef82d49608ceeb2b0
‘So sad’: Beloved restaurant collapses
Profile picture of The Guardian
Reserve Bank tipped to hold interest rate but economists split on when cuts will start
theguardian.com/australia-news/2024/mar/19/rba-interest-rates-expected-hold-cuts
Reserve Bank tipped to hold interest rate but economists split on when ...
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Asian stocks retreat after US shares hit record: markets wrap: Equities in Asia backtracked on Friday after US stocks hit yet another record ...
dailymaverick.co.za/article/2024-03-22-asian-stocks-retreat-after-us-shares-hit-record-markets-wrap/
Asian stocks retreat after US shares hit record: markets wrap
Profile picture of The Sydney Morning Herald
Philip Lowe backs RBA’s caution on rate cuts: The former Reserve Bank governor has joined the chorus of voices warning that interest rates may have to stay ...
smh.com.au/business/the-economy/philip-lowe-backs-rba-s-caution-on-rate-cuts-20240312-p5fbsy.html
Philip Lowe backs RBA’s caution on rate cuts
Profile picture of The Guardian
Now is not the time to do anything more to slow the economy – it’s already in danger of stalling
theguardian.com/business/grogonomics/2024/mar/21/australia-unemployment-rate-february-release-rba-gdp
Now is not the time to do anything more to slow the economy – it’s already ...
Profile picture of The Sydney Morning Herald
RBA will decide how long the economy’s slump lasts: When the Reserve Bank stuffs up, it doesn’t pay the price, but the elected government does.
smh.com.au/business/the-economy/rba-will-decide-how-long-the-economy-s-slump-lasts-20240310-p5fb7t.html
RBA will decide how long the economy’s slump lasts
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Morning Bid: Bank of Japan goes big: A look at the day ahead in European and global markets from Ankur Banerjee
reuters.com/markets/europe/global-markets-view-europe-2024-03-19/
Morning Bid: Bank of Japan goes big
Profile picture of Bloomberg
RBA Debate Shows You Can Have too Much Central Bank Independence: An obscure part of a law that gives the government the power to veto monetary decisions is at ...
bloomberg.com/opinion/articles/2024-03-12/rba-debate-shows-you-can-have-too-much-central-bank-independence
RBA Debate Shows You Can Have too Much Central Bank Independence
Profile picture of Newsroom (website)
Australian-owned banks can't explain 'persistently high profits', says Commerce Commission report
newsroom.co.nz/2024/03/21/commerce-commission-delivers-draft-report-on-personal-banking-competition/
Australian-owned banks can't explain 'persistently high ...
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What should we make of the new Modern Monetary Theory documentary?: A documentary on Modern Monetary Theory is touring Australia. Gareth Hutchens asks what we ...
abc.net.au/news/2024-03-10/what-should-we-make-of-the-modern-monetary-theory-documentary/103548818
What should we make of the new Modern Monetary Theory documentary?
Profile picture of Bloomberg
Australia Consumer Sentiment Drops as RBA Interest Rate Cut Prospects Dim: Australia’s consumer confidence fell in March as households remain concerned about ...
bloomberg.com/news/articles/2024-03-25/australia-s-consumer-sentiment-drops-as-rate-cut-prospects-dim
Australia Consumer Sentiment Drops as RBA Interest Rate Cut Prospects Dim
Profile picture of Japan Today
Asian shares are mixed after Bank of Japan ups key rate for 1st time in 17 years: Shares were mixed in Asia on Tuesday after the Bank of Japan hiked its ...
japantoday.com/category/business/stock-market-today-asian-shares-are-mixed-after-bank-of-japan-ups-key-rate-for-1st-time-in-17-years
Asian shares are mixed after Bank of Japan ups key rate for 1st time in 17 ...
Quick Glance: Fate of BOJ's Stimulus Tools Revealed
  • The Bank of Japan ended eight years of negative interest rates and other unorthodox measures to boost growth. Details on changes to the stimulating tools were disclosed.

  • The negative interest rate policy was lifted, and the bank now pays a 0.1% interest rate on excess reserves to withdraw money from the economy.

  • Yield curve control was dismantled, but the bank will continue to buy bonds and intervene with larger purchases if bond yields rise rapidly.

  • The purchase of risky assets like ETFs and REITs was discontinued, and the commitment to maintain massive stimulus was withdrawn to reassure the market.
Profile picture of Euronews
Markets Report: A look forward to the week ahead: Investors will this week delve into additional indicators shedding light on the inflation trajectory for major ...
euronews.com/business/2024/03/25/markets-report-a-look-at-the-week-ahead
Markets Report: A look forward to the week ahead
Profile picture of Bloomberg
Australian Inquiry Into RBA Reform Bill Splits Along Party Lines: Australian lawmakers were split along party lines over a bill to reform the Reserve Bank ...
bloomberg.com/news/articles/2024-03-22/australian-inquiry-into-rba-reform-bill-splits-along-party-lines
Australian Inquiry Into RBA Reform Bill Splits Along Party Lines
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RBA Overhaul Hits Snag as Opposition Plans to Move Amendment: Australia’s government and the opposition are at loggerheads over the makeup of the Reserve Bank’s ...
bloomberg.com/news/articles/2024-03-20/rba-overhaul-hits-snag-as-opposition-plans-to-move-amendment
RBA Overhaul Hits Snag as Opposition Plans to Move Amendment
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Japanese stocks down, yen steady as markets brace for landmark BOJ shift - Markets - The Jakarta Post
thejakartapost.com/business/2024/03/19/japanese-stocks-down-yen-steady-as-markets-brace-for-landmark-boj-shift.html
Japanese stocks down, yen steady as markets brace for landmark BOJ shift - ...
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Australia's central bank holds rates, waters down tightening bias: Australia's central bank held interest rates steady on Tuesday and watered down its tightening ...
reuters.com/business/finance/australias-central-bank-holds-rates-expected-waters-down-tightening-bias-2024-03-19/
Australia's central bank holds rates, waters down tightening bias
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Australia News Today: China Visit, RBA, New Zealand Economy: Good morning, it’s Georgie here in Sydney. Here’s what you need to know this morning.. ...
bloomberg.com/news/newsletters/2024-03-20/australia-news-today-china-visit-rba-new-zealand-economy
Australia News Today: China Visit, RBA, New Zealand Economy
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Australia News Today: China FM Wang Yi, RBA rates, Qantas clean fuel: Good morning, it’s Jackie here in Sydney. Here’s what’s happening today.. ...
bloomberg.com/news/newsletters/2024-03-19/australia-news-today-china-fm-wang-yi-rba-rates-qantas-clean-fuel
Australia News Today: China FM Wang Yi, RBA rates, Qantas clean fuel
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Australia News Today: Apple warning, RBA reforms, China ties: Good morning everyone, it’s Ben here on a clear Canberra morning, here’s what’s making news today ...
bloomberg.com/news/newsletters/2024-03-11/australia-news-today-apple-warning-rba-reforms-china-ties
Australia News Today: Apple warning, RBA reforms, China ties
Profile picture of ABC
Older Australians 'left behind' by increasingly cashless society as banks fast track end of cheques
abc.net.au/news/2024-02-29/cheques-personal-finance-banks-rent-money-cash/103354036
Older Australians 'left behind' by increasingly cashless society as banks ...
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Did the Reserve Bank hit the brakes too hard? Why Australia's economy is heading into reverse
abc.net.au/news/2024-03-05/why-australias-economy-is-heading-into-reverse-gdp-budget/103543036
Did the Reserve Bank hit the brakes too hard? Why Australia's economy is ...
Profile picture of The Sydney Morning Herald
Reserve Bank overhaul under threat as Liberal warns of treasurer power-grab: It would be the biggest change to the Reserve Bank in a generation ...
smh.com.au/politics/federal/reserve-bank-overhaul-under-threat-as-liberal-warns-of-treasurer-power-grab-20240227-p5f879.html
Reserve Bank overhaul under threat as Liberal warns of treasurer ...
Profile picture of The Age
Who wants to decide everyone’s interest rates? Job ads for RBA open: Treasurer Jim Chalmers has opened applications for people to sit on the committee that will ...
theage.com.au/politics/federal/who-wants-to-decide-everyone-s-interest-rates-job-ads-for-rba-open-20240301-p5f94s.html
Who wants to decide everyone’s interest rates? Job ads for RBA open
Profile picture of The Sydney Morning Herald
Shrinking inflation gives RBA chance to cut rates mid-year: The leap year might deliver enough extra activity to prevent the economy from contracting through ...
smh.com.au/politics/federal/shrinking-inflation-gives-rba-chance-to-cut-rates-mid-year-20240228-p5f8f2.html
Shrinking inflation gives RBA chance to cut rates mid-year
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US new home sales rise less than expected in January: Sales of new U.S. single-family homes rose less than expected in January amid a sharp decline in the South ...
reuters.com/world/us/us-new-home-sales-miss-expectations-january-2024-02-26/
US new home sales rise less than expected in January
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Australia's inflation remains at two-year low in January, dampening rate hike expectations
wionews.com/business-economy/australias-inflation-remains-at-two-year-low-in-january-dampening-rate-hike-expectations-694636
Australia's inflation remains at two-year low in January ...
Quick Glance: Inflation Drops: Impact on Your Money
  • Germany's inflation hits lowest level since June 2021, affecting consumers.

  • Rising prices have burdened private consumption and the German economy.

  • Experts predict further inflation decrease, yet caution prevails.

  • CO2 price hikes and VAT rate changes impact inflation factors, as food prices rise.
Profile picture of The Age
No ‘super nerds’ to set rates: Revolt over Reserve Bank reforms: Former treasurer Peter Costello told a Senate inquiry that parliament would surrender its ...
theage.com.au/politics/federal/opposition-to-key-overhaul-of-reserve-bank-power-grows-20240222-p5f6w0.html
No ‘super nerds’ to set rates: Revolt over Reserve Bank reforms
Profile picture of The Standard (Kenya)
SIB gets Retirement Benefits Authority's nod to manage pensions: The newly acquired license authorises SIB to manage pension funds, empowering it to provide ...
standardmedia.co.ke/business/business/article/2001491024/sib-gets-retirement-benefits-authoritys-nod-to-manage-pensions
SIB gets Retirement Benefits Authority's nod to manage pensions
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Home sales and prices rose in January as eager homebuyers returned to the market: Home sales in the US climbed in January, but the rise that came from lower ...
cnn.com/2024/02/22/business/home-sales-prices-rise-january/
Home sales and prices rose in January as eager homebuyers returned to the ...
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The Week Spotlight: ECB rate decision takes centre stage: Euronews Business provides a roundup of what to look out for in the markets this week.
euronews.com/business/2024/03/04/the-week-spotlight-ecb-rate-decision-takes-centre-stage
The Week Spotlight: ECB rate decision takes centre stage
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Australia Inflation Steady in January, Supporting RBA Case to Cut Interest Rates: Australian inflation surprisingly remained steady in January, supporting the ...
bloomberg.com/news/articles/2024-02-28/australia-s-monthly-inflation-rate-steady-at-3-4-in-january
Australia Inflation Steady in January, Supporting RBA Case to Cut Interest ...
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What to do if your fixed-rate mortgage deal is coming to an end: There are options available for homeowners who might have experienced a change in circumstances
walesonline.co.uk/news/homes-property/property-news/what-your-fixed-rate-mortgage-28689021
What to do if your fixed-rate mortgage deal is coming to an end
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Mortgage Applications Plunge After Warning Sign About Interest Rates: Mortgage rates rose to more than 7 percent which discouraged buyers from entering the ...
newsweek.com/mortgage-applications-plunge-after-warning-sign-about-interest-rates-1872009
Mortgage Applications Plunge After Warning Sign About Interest Rates
Quick Glance: Housing Market Sees Another Chill
  • After a period of warming up at the beginning of 2024, the housing market has experienced another cooling in recent weeks.

  • Experts attribute the downturn to a surge in mortgage rates, leading to unattainable home prices when combined with high borrowing costs.

  • The interest rate for 30-year fixed mortgages has climbed to 6.9%, rebounding from a gradual decline at the close of last year, according to a report by Freddie Mac.
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Australia Now Seen Cutting Rates in Third Quarter, Survey Shows: Australian economists brought forward their forecasts for the start of the Reserve Bank’s easing ...
bloomberg.com/news/articles/2024-02-22/australia-now-seen-cutting-rates-in-third-quarter-survey-shows
Australia Now Seen Cutting Rates in Third Quarter, Survey Shows
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South Korea holds rates steady, talks down early rate cut chance: South Korea's central bank on Thursday joined its peers in the U.S. and Australia in seeking to ...
reuters.com/markets/asia/south-korea-holds-rates-steady-investors-eye-timing-pivot-2024-02-22/
South Korea holds rates steady, talks down early rate cut chance
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Australia News Today: Wage growth, Rio Tinto, Yang Hengjun: Good morning, it’s Ben here on a clear morning in Sydney. Here’s what’s making news today ...
bloomberg.com/news/newsletters/2024-02-21/australia-news-today-wage-growth-rio-tinto-yang-hengjun
Australia News Today: Wage growth, Rio Tinto, Yang Hengjun