If the RBA’s right, interest rates may not fall for another year. Here’s why.
May 08, 2024 11:04 am UTC| Economy Central Banks
The Reserve Bank is now assuming Australians will see no interest rate cuts this year and quite possibly none before the next federal election, due next May. Thats a big change compared to just three months ago. Back...
High interest rates aren’t going away anytime soon – a business economist explains why
May 02, 2024 06:00 am UTC| Insights & Views Economy
The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...
What if the Reserve Bank itself has been feeding inflation? An economist explains
Apr 23, 2024 07:59 am UTC| Insights & Views Economy
Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...
The yen plunges to 34-year low despite interest rate hike
Apr 17, 2024 09:46 am UTC| Insights & Views Economy Central Banks
The Bank of Japan (BoJ) raised interest rates for the first time in 17 years on March 19, bringing an era of negative interest rates to an end. The key rate was hiked from 0.1% to a band from zero to 0.1% a token effort...
Will the RBA raise rates again? Unless prices surge over summer, it's looking less likely
Dec 06, 2023 07:57 am UTC| Economy Central Banks
If youre looking for clues about whether the Reserve Bank has any interest rate rises left, Governor Michele Bullock offered several in her statement after Tuesdays board meeting, saying: the latest monthly...
Governments have been able to overrule the Reserve Bank for 80 years. Why stop now?
Nov 28, 2023 23:14 pm UTC| Insights & Views Central Banks Economy
Pay close enough attention to parliament these next few days, and youre likely to witness something truly remarkable: politicians from both sides of politics uniting to remove the power of politicians to overrule the...
Why it's a good bet the RBA's Melbourne Cup Day interest rate hike will be the last
Nov 08, 2023 12:06 pm UTC| Economy Central Banks
Australia just became become the odd one out. At its meeting last week, the US Federal Reserve kept its official interest rate on hold. A week earlier, the European Central Bank and the Bank of Canada kept their rates...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects