Game of Loans: the Reserve Bank of Australia loses its heir apparent to Fortescue's green fund
Mar 12, 2022 11:20 am UTC| Economy Central Banks
The Reserve Bank of Australia was roiled today by the resignation of its Deputy Governor Guy Debelle, who is leaving with only six days notice. Dr Debelle said that he was resigning to become chief financial officer of...
Feb 23, 2022 22:38 pm UTC| Economy Central Banks
The prospect of a Russian invasion of Ukraine have sent the markets into a tailspin, compounding fears around inflation that have been building over the past few months. The SP 500 is trading at 10% below its recent...
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...