Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement

Monetary policy

Yesterday

The Bank of England is hoping for a rosier economic picture.

Bank of England boss ‘optimistic’ that interest rate cuts are coming

The BoE left its benchmark unchanged at 5.25 per cent but the UK economy is looking ripe for a rate cut.

  • Hans van Leeuwen
Officials met with more than 100 investors across five continents to sell its first green bond.

Investors are set to pile into Australia’s first green bond

European fund managers are backing the federal government’s plans to shed its reputation as a coal polluter, with its $7 billion bond looking well oversubscribed.

  • Updated
  • Cecile Lefort
Maple Brown-Abbott Garth Rossler, Vertium Asset Management Jason Teh, Lazard Aaron Binsted and Atlas Funds Management’s Hugh Dive.

Stock rally ‘too good to be true’, warn CIOs

Investment chiefs say the market looks too expensive given the uncertain economic backdrop and that there’s good reason to be cautious for the rest of this year.

  • Joanne Tran

This Month

Michele Bullock and the Reserve Bank board have made the right move.

RBA on the right track with rates

Readers’ letters on the Reserve Bank keeping rates on hold; Labor’s PsiQuantum investment; HECS debt; and the Victorian budget.

RBA Governor Michele Bullock is living a central banker’s nightmare.

A rate rise was closer than you think

RBA insiders may be making the case for higher rates, as Michele Bullock walks the line between public opinion and the bank’s credibility.

  • Warren Hogan
Advertisement
Reserve Bank governor Michele Bullock on Tuesday.

Traders trim rate rise bets on patient RBA

The markets are now pricing in just a 15 chance the cash rate will rise again this year after the Reserve Bank stood pat on Tuesday.

  • Updated
  • Cecile Lefort
RBA governor Michele Bullock.

Why data-driven Bullock has her eye on the budget

RBA governor Michele Bullock says it’s too early to declare victory over inflation as she avoids the markets’ frenzied guessing game on interest rates.

  • Jennifer Hewett

‘Vigilant’ RBA puts home loan borrowers on notice

Governor Michele Bullock has issued a fresh warning to mortgage holders, two years after the Reserve Bank of Australia began raising interest rates.

  • Updated
  • John Kehoe
The Reserve Bank is at odds with the rest of the world.

RBA’s radio silence fuels extreme rate rise bets

Traders’ bet that the RBA will lift the cash rate is fuelled by the central bank’s lack of communications since March as it undergoes sweeping reporting changes.

  • Cecile Lefort
Falling house prices quickly dampen the appetite to spend.

Interest rates are the only tool for managing inflation

Economists are looking for other ways of braking inflation. But the impact of interest rates on housing costs is still the most reliable means.

  • Luke Hartigan and Stella Huangfu
UBS’ Richard Schellbach says the main threat to the ASX 200 is a surge in bond yields.

ASX tipped to hit 8300 by year-end defying rate talk

Brokers and investors have all turned more positive on the outlook for the sharemarket, despite traders pushing out interest rate cut expectations to early next year.

  • Joanne Tran
RBA governor Michele Bullock.

Everyone calm down, inflation is not taking off again

The Reserve Bank should be alert to stubborn price pressures, but not alarmed.

  • Updated
  • Tim Hext
RBA governor Michele Bullock will be alert to sticky inflation, but there isn’t a strong reason to raise rates again.

RBA rate rise shock is being underestimated, history shows

It has raised interest rates almost every time in the last 25 years that it has faced the current high quarterly inflation figure immediately before a board meeting.

  • John Kehoe
Treasurer Jim Chalmers and RBA governor Michele Bullock.

Economists call for tighter immigration to help RBA’s inflation war

Economists from some of the largest banks are urging the government to restrict migrant visas to help ease the housing crisis that is pushing rents and prices of goods higher.

  • Updated
  • Cecile Lefort
One in 11 jobs in New York city is estimated to be either directly or indirectly associated with the securities industry.

US job growth slows in April; unemployment rate rises to 3.9pc

The closely watched US non-farm payroll report showed employers scaled back hiring.

  • Lucia Mutikani
Advertisement
RBA governor Michele Bullock’s fight against inflation remains a complicated one.

High inflation may last another two years unless rates rise again

If Jim Chalmers does not use the budget to cool the economy, the RBA will have little chance of achieving its target without raising interest rates, say economists.

  • Michael Read
Jerome Powell said he didn’t think it was likely the Fed would need to consider interest rate increases.

Powell signals rates will stay higher for longer

The US Federal Reserve has kept rates unchanged but chairman Jerome Powell said inflation was still too high despite “sufficiently restrictive” policy.

  • Updated
  • Matthew Cranston
Federal Reserve chairman Jerome Powell needs more eivdence before embarking on rate cuts.

Markets cheer after Fed chief rules out rate increases

Traders have ramped up US rate cut bets this year after the Federal Reserve kept interest rates on hold, but the prospect of higher rates in Australia this year is still on the cards.

  • Cecile Lefort
Joe Biden has said that he is hoping Jerome Powell will announce a rate cut this year.

Powell bristles at election influence on rate cuts

The Federal Reserve chairman has taken umbrage at suggestions monetary policy decisions will be influenced by the US presidential election.

  • Matthew Cranston

Are we returning to the late ’90s high interest rate era?

I’m starting to wonder whether high interest rates might last a lot longer than many people, including me, have been predicting.

  • Paul Krugman