Posts tagged "interest rates"

With the RBA cash rate at an all-time low, and an increasing risk that the current inflation will become embedded in expectations, an increase in rates is a matter of “when” not “if”.

Inflation is climbing at an annual rate of 5.1%, according to the latest Consumer Price Index (CPI), up substantially from December's figure of 3.5%, as housing and fuel costs surge.

"In Australia, a supposedly conservative government created JobKeeper to ostensibly help low paid workers — in reality it was a direct transfer of wealth to business owners," writes Adam Schwab.

If the bank doesn’t like what it sees on inflation and wage costs over the coming few months, it’ll jack up rates for the first time in a decade.

The RBA sees inflation as an imported phenomenon and is waiting for wages to rise before it lifts rates ... but when will that happen?

The inflation we’ve got this time is different, and failing to recognise that misreads the Reserve Bank's rationale for pushing up rates, and what it is likely to do.

The RBA's promise to not increase interest rates until 2024 seems to be a statement of the past, writes Peter Lawrence from Pitcher Partners.

The reality is business is struggling, and in its meeting tomorrow the RBA is widely tipped to be taking the first step to raising rates by winding back quantitative easing measures.

Larger than expected increases in construction and fuel prices are responsible for a surge in the Consumer Price Index (CPI).

Philip Lowe’s speech on inflation yesterday was drafted well ahead of Scott Morrison’s comments about how the Coalition would keep interest rates lower than Labor.

The RBA is abandoning its policy of “yield curve control”, meaning it will no longer defend any particular interest rate for borrowing over any particular duration.

Keeping warm this northern hemisphere winter is going to be expensive and anything made using energy — be it manufacturing or construction — is likely to get more expensive.