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Australia’s central bank will sift through fresh jobs numbers ahead of the cash rate call next month. In the lead-up
Workers saw their wages outpace inflation during the first three months of 2024 but a lower-than-expected increase is likely to
The final stretch to bring inflation down will take time now that it has morphed into something more homegrown and
The Reserve Bank’s inflation target should be widened from 2 to 3 per cent to 1 to 4 per cent, or dropped altogether – the existing regime has been disastrous … Continued
The post Alan Kohler: The RBA’s inflation target has been a pointless disaster appeared first on The New Daily.
This might be a first: Putting Ampol and the Reserve Bank Governor in the same class. They’ve both been pilloried for reasons that are not entirely fair – it’s really … Continued
The post Michael Pascoe: Ampol and RBA’s Lowe – it’s not really their fault appeared first on The New Daily.
The outgoing Reserve Bank of Australia governor has increased confidence in the central bank’s plan to beat inflation, despite a range of longer-term challenges bubbling on the economic horizon. During … Continued
The post Inflation fight not over but RBA’s confidence growing appeared first on The New Daily.
The first female Reserve Bank governor is expected to bring a reform agenda to the institution as it moves to make its decisions on interest rates more transparent. Michele Bullock … Continued
The post First female RBA governor to bring ‘reform agenda’ appeared first on The New Daily.
There are contradictions in Jim Chalmers’ appointment of the new RBA Governor that add up to a suspicion that Treasury wants a quieter, narrower central bank – one less likely … Continued
The post Michael Pascoe: The contradictions in the new RBA governor’s appointment appeared first on The New Daily.
Deputy RBA governor Michele Bullock will replace Philip Lowe at the helm of the central bank. Prime Minister Anthony Albanese announced Ms Bullock as the new Reserve Bank of Australia … Continued
The post Michele Bullock named as replacement for Lowe at RBA appeared first on The New Daily.
Philip Lowe will not be reappointed as governor of the Reserve Bank, the ABC reports, with federal cabinet to meet on Friday to consider his replacement. After months of speculation, … Continued
The post Philip Lowe ‘won’t be reappointed’ as RBA boss: Report appeared first on The New Daily.
