Fed Lifts Interest Rates Yet Again: What the Experts Are Saying Although the Fed raised interest rates for a 10th consecutive meeting, it finally opened the door to a pause in its tightening campaign. Kiplinger · May 3, 2023
Selling pressure set to rise this month Trinity Securities cautioned investors to be wary of selling pressure in May, especially during the week after the general election, as the market may fluctuate ahead of the meeting of the Bank of Thailand's Monetary Policy Committee (MPC) at the end of the month. Bangkok Post · May 2, 2023
Australians have been scared off loans – and that’s exactly what the RBA wants The majority of Aussies have been spooked off of loans and have lost faith in the decisions of the RBA, research shows. The New Daily · May 1, 2023
Michael Pascoe: How the RBA is making inflation worse Is there a better example of the deficiencies of monetary policy than the RBA prolonging higher rent inflation by lifting rates to theoretically reduce inflation? The New Daily · Apr 28, 2023
Stock market today: Asia shares gain as BOJ stands pat Shares are mostly higher in Asia after Wall Street rallied to its best day since January and the Bank of Japan kept its ultra-lax monetary policy unchanged The Independent UK · Apr 28, 2023
RBA review has ‘opened the door’ to moving away from inflation focus, panellist says Renee Fry-McKibbin says panel considered ‘a lot of alternative frameworks’ but decision on shift would fall to future reviews The Guardian - AU · Apr 24, 2023
The criticisms behind the Reserve Bank review's recommendations for a new board, updated mandate The Reserve Bank review wants to remove economic prosperity as an objective of monetary policy, with some economists arguing house prices and household debt are outside its domain. ABC News · Apr 23, 2023
Michael Pascoe: The fallacy at the heart of the Reserve Bank of Australia review Instead of tackling the fallacy and lie, the review came up with this: 'There should be increased joint work between Treasury and the RBA'. The New Daily · Apr 21, 2023
Strong business survey lifts the gloom after disappointing retail sales The mixed statistical messages will make it even harder for the Bank of England’s Monetary Policy Committee to make its decision on interest rates Evening Standard · Apr 21, 2023
Coalition, Labor at odds over RBA board appointments As the Albanese government seeks to enact the recommendations of a review of the Reserve Bank, the coalition has queried two new appointments. The New Daily · Apr 20, 2023
Reserve Bank to keep close eye on jobs and inflation The Albanese government will enact the recommendations of a review of the Reserve Bank, to ensure it focuses on full employment and inflation. AAP · Apr 20, 2023
Cumulative impact of monetary policy actions still unfolding: RBI governor in MPC meeting MUMBAI: RBI governor Shaktikanta Das, in the rate-setting panel meeting earlier this month, opined that the cumulative impact of the monetary policy actions over the last one year is still unfolding and needs to be monitored closely, as per the MPC minutes released on Thursday. The Times of India · Apr 20, 2023
Reserve Bank revolution: Jim Chalmers reshapes the RBA for the 21st century The scale of the RBA changes recommended by the review is large – there is an entire section devoted to a year-long implementation process. The New Daily · Apr 20, 2023
What does the Reserve Bank of Australia review mean, and how will it affect interest rates and mortgage payments? A scathing review of the Reserve Bank of Australia is set to deliver a shake-up of the central bank not seen in a generation. Here's what it means for interest rates, your mortgage, and RBA governor Philip Lowe. ABC News · Apr 20, 2023
The Guardian - AU · Apr 20, 2023 Philip Lowe welcomes RBA review but says description of board ‘far from the reality’ Reserve Bank governor says board challenges him and does not ‘sit there meekly’ but calls overall report ‘kind of excellent’
The Guardian - AU · Apr 20, 2023 RBA shake-up promises board representation for workers, with focus on full employment and fighting inflation Sweeping changes to Reserve Bank of Australia give equal weighting to employment and inflation, and mandate greater transparency
The Conversation · Apr 20, 2023 Reserve Bank revolution: how Jim Chalmers will recraft the RBA for the 21st century The review into the Reserve Bank of Australia has just been published by Treasurer Jim Chalmers, and it’s a blockbuster.
ABC News · Apr 20, 2023 Reserve Bank set for biggest overhaul in decades after review calls for more external leaders The Reserve Bank is set for its biggest overhaul in decades, with a review into the central bank finding it needs major changes to ensure it is "fit for the future".
ABC News · Apr 19, 2023 Labor to announce in-principle support for RBA review's recommendations, establish two new boards Treasurer Jim Chalmers is set to release the highly anticipated review into the Reserve Bank of Australia on Thursday and to announce that the government has given in-principle support to all of its recommended changes.
Barchart · Apr 18, 2023 S&P Futures Climb as Investors Weigh Economic Outlook, U.S. Bank Earnings on Tap June S&P 500 futures (ESM23) are trending up +0.34% this morning after three major U.S. benchmark indices ended the regular session higher as market participants digested the latest batch of corporate earnings while seeking more clarity on the Federal Reserve’s monetary policy stance.
Barchart · Apr 18, 2023 S&P Futures Climb as Investors Await More Earnings, Fed Clues June S&P 500 futures (ESM23) are trending up +0.34% this morning after three major U.S. benchmark indices ended the regular session higher as market participants digested the latest batch of corporate earnings while seeking more clarity on the Federal Reserve’s monetary policy stance.
ABC News · Apr 14, 2023 The mining sector made more than half of Australia's corporate profits, so why do economists want to ignore it? Australia's mining sector has generated windfall profits over the past two years, the result of dramatically higher prices for fossil fuel energy, but has it driven inflation?
The Guardian - UK · Apr 12, 2023 Andrew Bailey plays down bank crisis, paving way for more interest rate rises Speculation of further 0.25-point increase in rates after speech by Bank of England governor to IMF
Bangkok Post · Apr 12, 2023 Central bank to continue gradual monetary tightening The Bank of Thailand's (BoT) Monetary Policy Committee (MPC) said it would continue its approach of gradual and measured policy normalisation as it hiked the key interest rate last month, minutes of the meeting showed on Wednesday.
The Guardian - UK · Apr 11, 2023 Megan Greene to join BoE’s monetary policy committee Global chief economist at Kroll will join the MPC as an external member on a three-year term from 5 July