#cashrate — Public Fediverse posts

Latest jobs print points to end of RBA hiking cycle: HSBC

Home > Investment > Latest jobs print points to end of RBA hiking cycle: HSBC Yasmine Raso Senior…
#EuropeSays #Britain #Europe #EU #HSBC #cashrate #employment #Interestrates #jobs #labourmarket #RBA #ReserveBankofAustralia #underemployment #unemployment
https://www.europesays.com/britain/109453/

https://www.europesays.com/britain/109453/ Latest jobs print points to end of RBA hiking cycle: HSBC #CashRate #employment #HSBC #InterestRates #jobs #LabourMarket #RBA #ReserveBankOfAustralia #underemployment #unemployment

#RichardDenniss from the #AustralianInstitute talks about the RBA and its role in our economy in plain language that everyone will understand. It cannot be said often enough that the RBA’s obsession with controling inflation is a two-edged sword which, if you listen to Denniss, hurts the most vulnerable in our society and about a third of Australians who rent (because landlords put up their rents when mortgage rates go up) and another third of Australians because their own morgage rates also go up. On top of that, fighting inflation also causes higher unemployment. Denniss does a good job explaining all of that here, have a listen:

https://omny.fm/shows/whats-the-point-with-richard-denniss/whats-the-point-of-the-reserve-bank-of-australia

Another conversation could be had about whether the RBA should be independent of govt (Finance and Treasury) given that the govt is the only authority for issueing and removing currency.

#Inflation #RBA #NAIRU #Unemployment #ProfitLedInflation #Banking #CashRate #TaxReform #TaxSuperProfits #TaxTheRich #MMT #NeoLiberalEconomics

More on Employment from the RBA:
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/assessing-full-employment-in-australia.pdf

#RichardDenniss from the #AustralianInstitute talks about the RBA and its role in our economy in plain language that everyone will understand. It cannot be said often enough that the RBA’s obsession with controling inflation is a two-edged sword which, if you listen to Denniss, hurts the most vulnerable in our society and about a third of Australians who rent (because landlords put up their rents when mortgage rates go up) and another third of Australians because their own morgage rates also go up. On top of that, fighting inflation also causes higher unemployment. Denniss does a good job explaining all of that here, have a listen:

https://omny.fm/shows/whats-the-point-with-richard-denniss/whats-the-point-of-the-reserve-bank-of-australia

Another conversation could be had about whether the RBA should be independent of govt (Finance and Treasury) given that the govt is the only authority for issueing and removing currency.

#Inflation #RBA #NAIRU #Unemployment #ProfitLedInflation #Banking #CashRate #TaxReform #TaxSuperProfits #TaxTheRich #MMT #NeoLiberalEconomics

More on Employment from the RBA:
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/assessing-full-employment-in-australia.pdf

#RichardDenniss from the #AustralianInstitute talks about the RBA and its role in our economy in plain language that everyone will understand. It cannot be said often enough that the RBA’s obsession with controling inflation is a two-edged sword which, if you listen to Denniss, hurts the most vulnerable in our society and about a third of Australians who rent (because landlords put up their rents when mortgage rates go up) and another third of Australians because their own morgage rates also go up. On top of that, fighting inflation also causes higher unemployment. Denniss does a good job explaining all of that here, have a listen:

https://omny.fm/shows/whats-the-point-with-richard-denniss/whats-the-point-of-the-reserve-bank-of-australia

Another conversation could be had about whether the RBA should be independent of govt (Finance and Treasury) given that the govt is the only authority for issueing and removing currency.

#Inflation #RBA #NAIRU #Unemployment #ProfitLedInflation #Banking #CashRate #TaxReform #TaxSuperProfits #TaxTheRich #MMT #NeoLiberalEconomics

More on Employment from the RBA:
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/assessing-full-employment-in-australia.pdf

#RichardDenniss from the #AustralianInstitute talks about the RBA and its role in our economy in plain language that everyone will understand. It cannot be said often enough that the RBA’s obsession with controling inflation is a two-edged sword which, if you listen to Denniss, hurts the most vulnerable in our society and about a third of Australians who rent (because landlords put up their rents when mortgage rates go up) and another third of Australians because their own morgage rates also go up. On top of that, fighting inflation also causes higher unemployment. Denniss does a good job explaining all of that here, have a listen:

https://omny.fm/shows/whats-the-point-with-richard-denniss/whats-the-point-of-the-reserve-bank-of-australia

Another conversation could be had about whether the RBA should be independent of govt (Finance and Treasury) given that the govt is the only authority for issueing and removing currency.

#Inflation #RBA #NAIRU #Unemployment #ProfitLedInflation #Banking #CashRate #TaxReform #TaxSuperProfits #TaxTheRich #MMT #NeoLiberalEconomics

More on Employment from the RBA:
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/assessing-full-employment-in-australia.pdf

#RichardDenniss from the #AustralianInstitute talks about the RBA and its role in our economy in plain language that everyone will understand. It cannot be said often enough that the RBA’s obsession with controling inflation is a two-edged sword which, if you listen to Denniss, hurts the most vulnerable in our society and about a third of Australians who rent (because landlords put up their rents when mortgage rates go up) and another third of Australians because their own morgage rates also go up. On top of that, fighting inflation also causes higher unemployment. Denniss does a good job explaining all of that here, have a listen:

https://omny.fm/shows/whats-the-point-with-richard-denniss/whats-the-point-of-the-reserve-bank-of-australia

Another conversation could be had about whether the RBA should be independent of govt (Finance and Treasury) given that the govt is the only authority for issueing and removing currency.

#Inflation #RBA #NAIRU #Unemployment #ProfitLedInflation #Banking #CashRate #TaxReform #TaxSuperProfits #TaxTheRich #MMT #NeoLiberalEconomics

More on Employment from the RBA:
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/assessing-full-employment-in-australia.pdf

New Zealand Q2 inflation at 4.1% y/y, at more than two year high

By Lucy Craymer WELLINGTON, July 21 (Reuters) – New Zealand’s annual inflation accelerated in the second quarter to…
#Economy #cashrate #centralbank #CentralBanks #dieselprices #inflationpressures #newzealand #ReserveBankofNewZealand #STATISTICSNEWZEALAND
https://www.europesays.com/3143729/

RBA ‘failed’ to get inflation under control and last year’s interest rates cuts were a ‘mistake’, leading economist says

Last year’s three interest rate cuts were a “mistake” and the Reserve Bank of Australia “failed” to bring…
#NewsBeep #News #Economy #AU #Australia #Business #cashrate #centralbank #inflation #interestrates #RBA #ReserveBankofAustralia #WarrenHogan
https://www.newsbeep.com/au/783528/

RBA ‘failed’ to get inflation under control and last year’s interest rates cuts were a ‘mistake’, leading economist says

Last year’s three interest rate cuts were a “mistake” and the Reserve Bank of Australia “failed” to bring…
#NewsBeep #News #Economy #AU #Australia #Business #cashrate #centralbank #inflation #interestrates #RBA #ReserveBankofAustralia #WarrenHogan
https://www.newsbeep.com/au/783528/

Weak housing market could imperil Australia’s economy

The Reserve Bank is worried Australia’s economy could be weakened by a housing market slowdown accelerated by the…
#Economy #Australia'seconomy #cashrate #centralbank #CentralBanks #Housingmarket #interestrates #marketslowdown #oilprices #TheReserveBank
https://www.europesays.com/3097807/

Weak housing market could imperil Australia’s economy https://www.byteseu.com/2152366/ #Australia'sEconomy #CashRate #economy #HousingMarket #InterestRates #MarketSlowdown #OilPrices #TheReserveBank

Reserve Bank keeps interest rate at 4.35pc as Australia’s economy slows down

The Reserve Bank has kept interest rates on hold at 4.35 per cent, in a unanimous decision. The…
#Australia #AU #Austrlia #cashrate #economicgrowth #Inflation #interestrates #ReserveBankofAustralia
https://www.europesays.com/australia/32262/

Prolonged pause on interest rates a possibility as RBA board meets for June

Leading economists at all four major banks are now predicting the Reserve Bank of Australia will leave interest…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Banks #Business #cashrate #Inflation #InterestRates #rba #reservebank
https://www.newsbeep.com/us/704610/

Prolonged pause on interest rates a possibility as RBA board meets for June

Leading economists at all four major banks are now predicting the Reserve Bank of Australia will leave interest…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Banks #Business #cashrate #Inflation #InterestRates #rba #reservebank
https://www.newsbeep.com/us/704610/

Big Four divided on RBA direction as one major bank warns two interest rate hikes still ahead

The RBA is widely expected to hold the cash rate at its June meeting, but the banks can’t…
#NewsBeep #News #Economy #Business #cashrate #CommonwealthBank #interestrates #ratecuts #ReserveBankofAustralia #UK #Unemploymentrate #UnitedKingdom
https://www.newsbeep.com/uk/639119/

https://www.europesays.com/uk/1027140/ Big Four divided on RBA direction as one major bank warns two interest rate hikes still ahead #Business #CashRate #CommonwealthBank #Economy #InterestRates #RateCuts #ReserveBankOfAustralia #UK #UnemploymentRate #UnitedKingdom

Prolonged pause on interest rates a possibility as RBA board meets for June

Leading economists at all four major banks are now predicting the Reserve Bank of Australia will leave interest…
#NewsBeep #News #Economy #banks #Business #cashrate #Inflation #interestrates #RBA #reservebank #UK #UnitedKingdom
https://www.newsbeep.com/uk/639077/

https://www.europesays.com/uk/1027013/ Prolonged pause on interest rates a possibility as RBA board meets for June #Banks #Business #CashRate #Economy #Inflation #InterestRates #rba #ReserveBank #UK #UnitedKingdom

Prolonged pause on interest rates a possibility as RBA board meets for June

Leading economists at all four major banks are now predicting the Reserve Bank of Australia will leave interest…
#Economy #banks #business #cashrate #Inflation #interestrates #RBA #reservebank
https://www.europesays.com/3063095/

‘Get on with it’: Leading economist defies consensus and demands RBA hikes interest rates at June meeting

One leading voice has defied the consensus on interest rates and demanded the Reserve Bank of Australia “get…
#NewsBeep #News #Economy #AU #Australia #Business #cashrate #CPI #inflation #interestrates #unemployment #WarrenHogan
https://www.newsbeep.com/au/694310/

‘Get on with it’: Leading economist defies consensus and demands RBA hikes interest rates at June meeting

One leading voice has defied the consensus on interest rates and demanded the Reserve Bank of Australia “get…
#NewsBeep #News #Economy #AU #Australia #Business #cashrate #CPI #inflation #interestrates #unemployment #WarrenHogan
https://www.newsbeep.com/au/694310/

It’s all laid for you all right here…
The #RBA is freeking useless and guess who’s going to pay that bill…

https://www.theguardian.com/commentisfree/picture/2026/may/05/does-the-rba-really-have-to-raise-interest-rates

#AusPol #RBA #Inflation #CashRate

“14.30 AEST
Of course the #RBA did… against the better judgement of economists who are not died-in-the-wool #NeoLiberals. This rise will do nothing to stop inflation due to Stupid #tRump and his mate #Netanyahu military fling. The underlying inflation does not warrant this (according to Greg Jerocho — one of the more sensible economist driven by facts rather than mad theories). Further more, the lasat #CashRate rise has yet to show its effect on the economic numbers FFS.

“RBA raises interest rates for third time in 2026
reported by Luca Ittimani

The Reserve Bank has increased its official interest rate to 4.35%, as prices rise at their fastest pace since 2023.

The RBA’s board today hiked rates for a third consecutive meeting in 2026 after increases in February and March. Rates are now back where they were at the start of 2025, with each of that year’s three rate cuts now unwound.

Today’s hike was widely expected, picked by most economists surveyed by Bloomberg. But financial markets had not fully priced in an increase, with some thinking the RBA might wait and see what the federal government does with its budget next week.” (Source: The Guardian Live)

#AusPol #Economy #Inflation #Stagflation #Recession #MonetaryPolicy

https://www.europesays.com/uk/938330/ RBA interest rate decision: Economists tip hike to 4.35 per cent #Asia #Australia #AustraliaAndNewZealand #AustraliansBrace #Business #CashRate #CashRateSits #ConsumerPriceIndex #CrucialInterestRate #Economy #HikeWarning #InterestRate #InterestRateDecision #Iran #JimChalmers #Michele #Oceania #PaulMurray #ReserveBankOfAustralia #RoyMorgan #SouthernAsia #UK #UnitedKingdom

🪴 Everybody thinks so! My forecasting system, with nearly 200 predictive models, provides an 82 per cent chance of RAISE! 🚀 This probability is in line with those provided by Australian analytical departments and expresses the market expectations ✅ The most recent readings of inflation above the target likewise suggest the same. Therefore, despite the predictive interval including the current cash rate value, I say it’s a likely RAISE.

🌐 https://forecasting-cash-rate.github.io/

#forecasting #cashrate #rstats

🪴 Everybody thinks so! My forecasting system, with nearly 200 predictive models, provides an 82 per cent chance of RAISE! 🚀 This probability is in line with those provided by Australian analytical departments and expresses the market expectations ✅ The most recent readings of inflation above the target likewise suggest the same. Therefore, despite the predictive interval including the current cash rate value, I say it’s a likely RAISE.

🌐 https://forecasting-cash-rate.github.io/

#forecasting #cashrate #rstats

🪴 Everybody thinks so! My forecasting system, with nearly 200 predictive models, provides an 82 per cent chance of RAISE! 🚀 This probability is in line with those provided by Australian analytical departments and expresses the market expectations ✅ The most recent readings of inflation above the target likewise suggest the same. Therefore, despite the predictive interval including the current cash rate value, I say it’s a likely RAISE.

🌐 https://forecasting-cash-rate.github.io/

#forecasting #cashrate #rstats

Watching The Business on the ABC and…
I have to ask a few questions:

WIth so many neo-liberal economists taking up #Stagflation, #Inflation and #CashRate increases whether or not the war on #Iran comes to an end soon - are we looking at a self-fulfilling prophesy? Helped along by businesses raising prices ahead of the curve in a attempt to head off increasing #FossilFuel costs?

No one is talking about how well or otherwise the Australian economy is poised to cushion the predicted global economic shocks (Ie. The penetration of Renewables, rail transport, EVs, HousePV/btty systems, ICE Gas conversions, Fuel stocks and supply lines in Asia, price controls, etc.). Maybe because that’s harder to do than hitting the panic button.

Stock markets and shareholders ought not to be the be-all and end-all of economic life!

There are no hard, written in stone, rules about how to run an economy but for neo-classical (read neoliberal) stranglehold on economic thinking and political will or the lack thereof.

Yee gods help us all…

#Economics
#AusPol

Yes, Fuel prices at the pump have soared — partially due to greed — and this is precicely why the latest #RBA #CashRate rise was a complete ballsup and a failure to apply basic experiencial #economics (as opposed to debunked theoretical #neoliberal claptrap). Consumers will, as a result of fuel costs, spend less on non-essential goods and services, therefore the #inflation beast will retreat somewhat.

Read more:
https://thepoint.com.au/explainers/260320-the-rba-wanted-to-slow-spending-but-petrol-prices-already-had

https://www.europesays.com/ie/392145/ Borrowing limits expected to tighten after latest cash rate rise #Borrowing #Business #CashRate #Economy #Éire #IE #Ireland #RateRise

‘Driven by public spending’: Treasurer Jim Chalmers’ ‘excuses’ for inflation problem undercut, says Tim Wilson

Treasurer Jim Chalmers is under fire for failing to take responsibility for the inflation problems that prompted the…
#NewsBeep #News #Economy #AU #Australia #Business #cashrate #Chalmers #interestrates #Labor #RBA #ReserveBank #wilson
https://www.newsbeep.com/au/547855/

‘Driven by public spending’: Treasurer Jim Chalmers’ ‘excuses’ for inflation problem undercut, says Tim Wilson

Treasurer Jim Chalmers is under fire for failing to take responsibility for the inflation problems that prompted the…
#NewsBeep #News #Economy #AU #Australia #Business #cashrate #Chalmers #interestrates #Labor #RBA #ReserveBank #wilson
https://www.newsbeep.com/au/547855/

[edited for typos]
#GregJericho lays into the #RBA ‘s latest gaffe.

[The RBA said] “in addition, the conflict in the Middle East has resulted in sharply higher fuel prices, which, if sustained, will add to inflation. Short-term measures of inflation expectations have already risen. As a result, the Board judged that there is a material risk that inflation will remain above target for longer than previously anticipated.” This is a total failure of basic economics, and suggestive of a panicked RBA board.

The impact on oil prices is due to the attacks on Iran and the blockage of cargo through the Strait of Hormuz. Nothing the RBA does will affect that.”

Read that again: “NOTHING the RBA does” will mitigate fuel cost increases due to the crisis in the MIddel East.

It couldn’t be clearer. An Economics 101 student would not even need the clarification. What is the RBA doing FFS? It seems clueless at times.

Read more:
https://thepoint.com.au/opinions/260317-raising-rates-while-petrol-prices-soar-shows-the-rba-ignoring-reality-and-basic-economics

#Inflation #RBA #CashRate #AusPol #Economics #NeoLiberalism

The rate hike that will do nothing to curb inflation

Let the pain begin. Andrew Hauser has left no-one in any doubt about the current thinking at the…
#NewsBeep #News #Economy #AU #Australia #Business #cashrate #homeloanrate #ianverrender #interestrates #Markets #MicheleBullock #mortgage #ratehike #RBA
https://www.newsbeep.com/au/544613/

The rate hike that will do nothing to curb inflation

Let the pain begin. Andrew Hauser has left no-one in any doubt about the current thinking at the…
#NewsBeep #News #Economy #AU #Australia #Business #cashrate #homeloanrate #ianverrender #interestrates #Markets #MicheleBullock #mortgage #ratehike #RBA
https://www.newsbeep.com/au/544613/

https://www.europesays.com/ie/387018/ Interest rate hike ‘no slam dunk’ amid Iran uncertainty #Business #CashRate #DonaldRumsfeld #DonaldTrump #Economy #Éire #IE #Iran #Ireland #PaulBloxham #ReserveBank #ReserveBankGovernor #ReserveBankOfAustralia #UnknownUnknowns

Interest rate hike ‘no slam dunk’ amid Iran uncertainty

The last time the US embarked on a Middle East military intervention, then-Secretary of Defense Donald Rumsfeld ruminated…
#Economy #cashrate #centralbank #CentralBanks #DonaldRumsfeld #DonaldTrump #Iran #PaulBloxham #reservebank #ReserveBankGovernor #ReserveBankofAustralia #unknownunknowns
https://www.europesays.com/2846762/

ANZ ‘jumps the gun’ hiking borrowing costs for homeowners as banks tip more RBA rate pain

Major lenders aren’t waiting for the RBA to make its move. (Source: AAP) Big Four bank ANZ has…
#NewsBeep #News #Economy #ANZ #AU #Australia #Business #cashrate #fixedrate #fixedrates #homeloanrates #ratehike
https://www.newsbeep.com/au/537237/

ANZ ‘jumps the gun’ hiking borrowing costs for homeowners as banks tip more RBA rate pain

Major lenders aren’t waiting for the RBA to make its move. (Source: AAP) Big Four bank ANZ has…
#NewsBeep #News #Economy #ANZ #AU #Australia #Business #cashrate #fixedrate #fixedrates #homeloanrates #ratehike
https://www.newsbeep.com/au/537237/

Aussie households to pay extra $272 in monthly mortgage repayments if major banks’ interest rate forecast is right

Australian households will have to pay an extra $272 per month compared to the start of the year…
#NewsBeep #News #Economy #AU #Australia #Business #cashrate #inflation #interestrates #NAB #RBA #ReserveBankofAustralia #unemployment
https://www.newsbeep.com/au/536478/

Aussie households to pay extra $272 in monthly mortgage repayments if major banks’ interest rate forecast is right

Australian households will have to pay an extra $272 per month compared to the start of the year…
#NewsBeep #News #Economy #AU #Australia #Business #cashrate #inflation #interestrates #NAB #RBA #ReserveBankofAustralia #unemployment
https://www.newsbeep.com/au/536478/

Rather not! I don’t know! What do you think? 🤷‍♀️ According to my forecasting system, the cash rate is set to hold steady. Despite the forecast mean being on a clear upwards trajectory, the forecast intervals include the current cash rate value decisively. I’m sticking with my call: HOLD! 🛑 My forecasts are available at: https://forecasting-cash-rate.github.io/

#cashrate #forecast #rstats #rba

Rather not! I don’t know! What do you think? 🤷‍♀️ According to my forecasting system, the cash rate is set to hold steady. Despite the forecast mean being on a clear upwards trajectory, the forecast intervals include the current cash rate value decisively. I’m sticking with my call: HOLD! 🛑 My forecasts are available at: https://forecasting-cash-rate.github.io/

#cashrate #forecast #rstats #rba

Rather not! I don’t know! What do you think? 🤷‍♀️ According to my forecasting system, the cash rate is set to hold steady. Despite the forecast mean being on a clear upwards trajectory, the forecast intervals include the current cash rate value decisively. I’m sticking with my call: HOLD! 🛑 My forecasts are available at: https://forecasting-cash-rate.github.io/

#cashrate #forecast #rstats #rba

https://www.alojapan.com/1452450/australian-dollar-reaches-40-year-high-against-japans-yen-as-cheap-holidays-fuel-tourism-surge/ Australian dollar reaches ’40-year high’ against Japan’s yen, as cheap holidays fuel tourism surge #AustralianDollar #AustralianEconomy #CashRate #CheapTravelDestinations #InterestRates #JapanElection #JapanTourism #JapanTrips #JapaneseYen #SanaeTakaichi #TravelToJapan #trips Australians visiting Japan are seeing their trips get even cheaper as the Australian dollar hits a four-decade high against the Japanese yen, foreign e

https://www.alojapan.com/1452450/australian-dollar-reaches-40-year-high-against-japans-yen-as-cheap-holidays-fuel-tourism-surge/ Australian dollar reaches ’40-year high’ against Japan’s yen, as cheap holidays fuel tourism surge #AustralianDollar #AustralianEconomy #CashRate #CheapTravelDestinations #InterestRates #JapanElection #JapanTourism #JapanTrips #JapaneseYen #SanaeTakaichi #TravelToJapan #trips Australians visiting Japan are seeing their trips get even cheaper as the Australian dollar hits a four-decade high against the Japanese yen, foreign e

It’s a RAISE! And maybe for the better! Inflation readings consistently outside of RBA’s target convinced everybody about the inevitability of the RAISEs. That’s what my forecasts capture. The current cash rate value is decisively outside of the predictive interval and the mean indicates an increase in its value. My forecasts are available at: https://forecasting-cash-rate.github.io/

#rstats #rba #cashrate #forecast

It’s a RAISE! And maybe for the better! Inflation readings consistently outside of RBA’s target convinced everybody about the inevitability of the RAISEs. That’s what my forecasts capture. The current cash rate value is decisively outside of the predictive interval and the mean indicates an increase in its value. My forecasts are available at: https://forecasting-cash-rate.github.io/

#rstats #rba #cashrate #forecast

It’s a RAISE! And maybe for the better! Inflation readings consistently outside of RBA’s target convinced everybody about the inevitability of the RAISEs. That’s what my forecasts capture. The current cash rate value is decisively outside of the predictive interval and the mean indicates an increase in its value. My forecasts are available at: https://forecasting-cash-rate.github.io/

#rstats #rba #cashrate #forecast

It’s a RAISE! And maybe for the better! Inflation readings consistently outside of RBA’s target convinced everybody about the inevitability of the RAISEs. That’s what my forecasts capture. The current cash rate value is decisively outside of the predictive interval and the mean indicates an increase in its value. My forecasts are available at: https://forecasting-cash-rate.github.io/

#rstats #rba #cashrate #forecast

It’s a RAISE! And maybe for the better! Inflation readings consistently outside of RBA’s target convinced everybody about the inevitability of the RAISEs. That’s what my forecasts capture. The current cash rate value is decisively outside of the predictive interval and the mean indicates an increase in its value. My forecasts are available at: https://forecasting-cash-rate.github.io/

#rstats #rba #cashrate #forecast

RBA ‘wild card’ that could derail unanimous interest rate hike call from Big Four banks

The RBA is widely expected to hike the cash rate by 0.25 percentage points on Tuesday, with all…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #BelindaAllen #BigFour #Business #cashrate #commonwealthbank #InterestRates #NAB #ratehike #Ratehikes #ReserveBankofAustralia #westpac
https://www.newsbeep.com/us/442480/

RBA ‘wild card’ that could derail unanimous interest rate hike call from Big Four banks

The RBA is widely expected to hike the cash rate by 0.25 percentage points on Tuesday, with all…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #BelindaAllen #BigFour #Business #cashrate #commonwealthbank #InterestRates #NAB #ratehike #Ratehikes #ReserveBankofAustralia #westpac
https://www.newsbeep.com/us/442480/

February interest rate rise will be a ‘bitter pill’ for those struggling with cost of living, advocates say

Any Reserve Bank lift to interest rates could be the added financial pressure that causes more households to…
#NewsBeep #News #Economy #Business #cashrate #Costofliving #CPI #financialstress #Inflation #interestrates #mortgagestress #NationalDebtHelpline #personaldebt #ratehike #reservebank #UK #UnitedKingdom
https://www.newsbeep.com/uk/398255/

@RaymondPierreL3
Yes, reasons compelling: “why the RBA ought to wait before jumping on the cash rate lever.”
In general too much speculation - unbuttoned from the real world - feels like a bad thing; who is it that benefits from the churn? 🤔.
But there are lots of assumptions overdue for examination or re-examination & this could be a good time to start talking about them. Always a pleasure to read your contribution! 🙂

#AUSPol #RBA #ReserveBank #economics #speculation #churn #CashRate

@RaymondPierreL3
Yes, reasons compelling: “why the RBA ought to wait before jumping on the cash rate lever.”
In general too much speculation - unbuttoned from the real world - feels like a bad thing; who is it that benefits from the churn? 🤔.
But there are lots of assumptions overdue for examination or re-examination & this could be a good time to start talking about them. Always a pleasure to read your contribution! 🙂

#AUSPol #RBA #ReserveBank #economics #speculation #churn #CashRate

@RaymondPierreL3
Yes, reasons compelling: “why the RBA ought to wait before jumping on the cash rate lever.”
In general too much speculation - unbuttoned from the real world - feels like a bad thing; who is it that benefits from the churn? 🤔.
But there are lots of assumptions overdue for examination or re-examination & this could be a good time to start talking about them. Always a pleasure to read your contribution! 🙂

#AUSPol #RBA #ReserveBank #economics #speculation #churn #CashRate

@RaymondPierreL3
Yes, reasons compelling: “why the RBA ought to wait before jumping on the cash rate lever.”
In general too much speculation - unbuttoned from the real world - feels like a bad thing; who is it that benefits from the churn? 🤔.
But there are lots of assumptions overdue for examination or re-examination & this could be a good time to start talking about them. Always a pleasure to read your contribution! 🙂

#AUSPol #RBA #ReserveBank #economics #speculation #churn #CashRate

Almost 1.3 million Aussies face mortgage pain if RBA lifts interest rates as warnings emerge of ‘huge financial losses’

A rate hike in February could cause “huge financial losses” for many Australians as a 0.25 per cent…
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https://www.newsbeep.com/au/431642/