Yesterday
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
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
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
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.
- Opinion
- Opinion
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
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
- Opinion
- Interest rates
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
- Opinion
- Interest rates
‘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
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
- Opinion
- RBA
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
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
- Opinion
- Interest rates
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
- Exclusive
- Interest rates
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
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
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
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
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
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
- Opinion
- Interest rates
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
- Opinion
- Interest rates
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