Three months into the job and Fed Chair Kevin Warsh is still facing questions over his credibility. In particular, the bond market still has questions. Meanwhile, in Australia, the RBA governor stated that the RBA was willing to raise rates for the four ...
Learn moreThree months into the job and Fed Chair Kevin Warsh is still facing questions over his credibility. In particular, the bond market still has questi ...
Learn moreThree months into the job and Fed Chair Kevin Warsh is still facing questions over his credibility. In particular, the bond market still has questi ...
Learn moreThe Board kept interest rates at 4.35%. It was unanimous. Inflation may have peaked, but the RBA still sees tail risks for inflation on the upside. So what do you do when you don’t need or want to raise rates but you want consumers to think yo ...
Learn moreWarsh wants the market to lead and the yield of US 30-year government bonds is sending him a message. Similarly, the yen may be sending a message to the Japanese PM. Meanwhile, Australia was steady as it goes, with inflation moving down, household spend ...
Learn moreAI bubble concerns morphed into the 'SaaSpocalypse' as AI agents threaten to eat all software and replace all jobs. Perhaps the governor of the RBA may feel a little nervous as the RBA wrestles with still-rising inflation. Elsewhere, Takaichi re ...
Learn moreThe RBA kept interest rates unchanged at 3.6%. It was a unanimous decision. And so it came to pass that the last two higher than expected monthly inflation indicators begot a higher than expected September-quarter inflation result. And the RBA gover ...
Learn moreThe RBA kept interest rates unchanged at 3.6%. It was a unanimous decision. The RBA gets nervous when data comes in higher or lower than their forecasts. Since the last Monetary Policy Board meeting on 11-12 August, June-quarter GDP, the July monthl ...
Learn moreAs expected, the RBA cut the cash rate by 25 bps to 3.6% at its August meeting. Even your Uber driver could have predicted the outcome given recent data! However, rather than focussing on the interest rate cut they all so desperately wanted last mee ...
Learn moreDespite the market having the probability of a 25 bps cut at 97%, the RBA decided to keep the rate on hold at 3.85%. The decision was 6 in favour and 3 against. Both headline inflation and the RBA’s preferred measure trimmed-mean inflation are ...
Learn moreThe RBA left the official cash rate unchanged at 4.1% This meeting marked the first meeting of the RBA’s new Monetary Policy Board (MPB). In line with previously announced changes, the RBA has now split the RBA Board into the MPB and the G ...
Learn more33 months after her predecessor began raising rates post-pandemic, Michele Bullock has finally cut rates. The 25 bps cut was widely expected but the market is not sure how to feel about the hawkish tone of the decision. While the cut brings sweet ...
Learn moreInflation is rearing its ugly head again in the US and UK. Santa may find that the fire at the end of the chimney is hotter than he bargained for! Meanwhile, in Australia, the RBA has signalled that interest rate cuts are on their way as the Australian ...
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