Top economists expect RBA to hold interest rates low in 2022, as real wages fall
Feb 02, 2022 09:26 am UTC| Economy Central Banks
Australias leading forecasters expect the Reserve Bank to resist pressure to lift interest rates all year, despite rising interest rates overseas, much higher inflation, plunging unemployment, and financial market traders...
Why the era of cheap money is finally ending
Nov 06, 2021 08:32 am UTC| Economy
The Bank of England was widely expected to slightly increase its official bank rate on November 4, but it decided to stick to the all-time low of 0.1%. However, the bank has made it clear that a rise will soon be needed,...
RBA starts three-year countdown to lift in interest rates
Jul 06, 2021 08:55 am UTC| Economy Central Banks
In line with expectations, the Reserve Bank of Australia has announced it will keep official interest rates on hold at 0.10%. But is also ready to start tapering off its unconventional monetary policy measures...
It's not the Reserve Bank's job to worry about housing prices
Jun 12, 2021 07:15 am UTC| Economy Central Banks
Once again folks are pointing to the potential danger of Australias low interest rates. This week a poll of so-called market economists by ratings agency Fitch had only 12% of respondents in favour of the Reserve Bank...
BOK to prop up S. Korea's modest economic recovery
Mar 11, 2021 23:44 pm UTC| Economy
The Bank of Korea (BOK) will continue monetary easing to prop up an expected modest recovery in South Koreas economy. According to the BOK, it will pay close attention to household debts and financial imbalances as...
The Reserve Bank could still go negative
Feb 02, 2021 13:10 pm UTC| Economy
Few people expected the Reserve Bank to adjust its cash rate at its first meeting of the year today, and for good reason. It has been saying loudly that it is not expecting to increase the cash rate for at least three...
Federal Reserve hopes years of zero rates will spur inflation – but there are risks
Sep 20, 2020 06:01 am UTC| Economy Central Banks
In a healthy economy, prices tend to go up a process called inflation. While you might not like that as a consumer, moderate price growth is a sign of a growing economy. And, historically at least, wages tend to go up...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects