Posts tagged "rba"

Mainstream economists and the big banks are largely convinced the Reserve Bank of Australia will lift the cash rate for the first time in more than a decade.

Will the Reserve Bank of Australia raise interest rates today? The market is not quite as sure as a week ago.

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.

An interest rate rise during the election campaign could have consequences as huge as our rampant real estate market.

The move came as a surprise given that, as deputy, Guy Debelle was long seen as the heir apparent to Reserve Bank governor Philip Lowe, whose term expires in September next year.

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.

Reserve Bank governor Philip Lowe has painted an optimistic picture of where the Australian economy is heading after a turbulent 2021.