DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Lowe - 2 Michele Bullock - 2 Philip Lowe - 1 Belinda Allen - 1 Goldman Sachs - 1 Hebe Chen - 1 Stella Qiu - 1 Wayne Cole - 1
Top related locs:
India Sydney
Top related orgs:
SYDNEY - 2 Thomson - 2 Reserve Bank of Australia - 1 Commonwealth Bank of Australia - 1 CBA - 1 National Australia Bank - 1 IG - 1 Reuters Global Markets - 1

Search resuls for: "Governor Lowe"


3 mentions found


☆ Australia holds rates steady, might be done tightening
  + stars: | 2023-08-01 | by ( Stella Qiu | ) www.reuters.com   time to read: +4 min
Markets had leaned toward a steady outcome given recent data showed inflation had eased for a second quarter and consumer spending was softening. However, economists were more split on the outcome, with 20 out of 36 polled by Reuters expecting a hike. Swaps now implied a risk of around 13 basis points of tightening by year end. In a relief for policymakers, headline inflation slowed more than expected in the second quarter while retail sales posted their biggest fall this year in June. "While the RBA retains a tightening bias, we expect the hurdle to another rate hike is high.
Persons: Philip Lowe, Lowe, Michele Bullock, Belinda Allen, Goldman Sachs, Hebe Chen, Stella Qiu, Wayne Cole, Anisha Sircar, Sam Holmes Organizations: SYDNEY, Reserve Bank of Australia, Reuters, Commonwealth Bank of Australia, CBA, National Australia Bank, IG, Reuters Global Markets, Thomson
☆ Australia cabinet will soon decide on next RBA governor - treasurer
  + stars: | 2023-07-12 | by ( Renju Jose | ) www.reuters.com   time to read: +2 min
SYDNEY, July 12 (Reuters) - Australia Treasurer Jim Chalmers said on Wednesday the cabinet would meet soon to decide the next governor of the country's central bank, after local media reported that a government decision could be reached as early as this week. "Soon, I'll be taking to cabinet my recommendation for the appointment of the governor of the reserve bank. I don't want to front-run or pre-empt the timing or nature of that conversation with my colleagues," Chalmers told reporters. Chalmers added that the government has also held preliminary discussions with the opposition over the next RBA governor. But again, I don't want to pre-empt the conversation with my cabinet colleagues," Chalmers told ABC Radio.
Persons: Jim Chalmers, Chalmers, Philip Lowe's, Lowe, We've, Governor Lowe, Michele Bullock, Jenny Wilkinson, Renju Jose, Edmund Klamann Organizations: SYDNEY, Bank of Australia, Sydney Morning Herald, ABC Radio, Thomson Locations: India, Sydney
☆ Australia central bank tempers hawkish outlook after hiking rates to over decade high
  + stars: | 2023-03-07 | by ( Stella Qiu | ) www.reuters.com   time to read: +4 min
In a dovish step, the central bank dropped a reference to further rate "increases", saying instead that "further tightening" would be needed, suggesting that just one more hike might be enough. Rates have already gone up by a whopping 350 basis points since last May, easily the most aggressive tightening campaign by the central bank in modern history. Speculation was rife that the central bank could temper the forward guidance given recent softer data with unemployment rising, economic growth disappointing and wages not climbing as fast as feared. Gareth Aird, economist at Commonwealth Bank of Australia, sees a risk of the RBA could pause in April. "The reference to assessing 'when' means that the RBA Board has not yet made their mind up around increasing the cash rate in April," Aird said.
0 next >>
Total: 3