Yesterday
Prepare for synchronised global hikes
Between the Iran war supply shock and the upward revision of “neutral” rates, we are staring at a cash rate of at least 5 per cent.
This Month
Split RBA rates vote takes pressure off Labor on budget reform
Leading economists say the split decision on interest rates has taken pressure off Labor as the treasurer maintains the economy is not expected to enter a recession.
$A the ‘belle of the ball’ as RBA gets ahead of the pack
After Tuesday’s rate rise, there’s a 54 per cent chance of another increase in May that has caught the attention of investors overseas.
RBA lifts interest rates now, to avoid recession later
By the next meeting there will be new inflation and employment data and further developments in the Middle East so don’t bet on this rate rise being the last.
Lineball RBA call does little to dissuade market of sky-high rate bet
Investors and economists say a “rate hike hat trick” is in play after Tuesday’s decision, with traders pricing in 50 per cent chance of another increase in May.
RBA did the right thing. But the real pain is just beginning
The central bank’s experiment means borrowers face higher mortgage repayments on top of additional cost-of-living pressures imported from the crisis in the Middle East.
RBA warns Australia is at risk of recession
The central bank’s monetary board has voted 5-4 to raise the cash rate to 4.1 per cent as the Middle East conflict threatens to supercharge inflation.
$A surges with the RBA poised to raise rates and flag more to come
Traders have piled into the Australian dollar before the Reserve Bank’s key rate decision. It is expected to be the odd one out among eight major central banks meeting his week.
Households could withstand two more rate increases, says Westpac CEO
A day before the RBA is expected to announce a rate rise, Anthony Miller is optimistic customers can take it – and one more – in their stride.
Richard Holden is wrong about rates, inflation and the RBA
It’s appropriate for the central bank to respect that Labor has a range of objectives in its fiscal policy and is accountable to the electorate for its decisions.
Alphinity’s golden rule during a global crisis
Client portfolio manager Elfreda Jonker says don’t flip-flop. The $27 billion firm’s top 10 picks have all beaten market expectations this year.
Oil shock takes the RBA deeper into its inflation pickle
In a perfect world, rates should not be raised at a time of energy, military and geopolitical uncertainty. But our macroeconomic policy has been far from perfect.
Trump’s ‘team effort’ no match for oil jitters in central bank week
The US president is asking for help, as the world’s biggest central banks prepare to talk about oil and inflation.
US economy lost momentum, inflation held firm before war
The estimate of fourth-quarter growth was cut in half and core PCE came in up 3.1pc in January from the prior year, the most in nearly two years.
The next inflation crisis has arrived
Between out-of-control public spending and the Middle Eastern oil shock, the era of “patient” interest rates is officially dead.
Treasury tips inflation to hit the ‘high 4s’
Rising fuel costs due to the Middle East conflict are likely to prompt the Reserve Bank of Australia to raise interest rates again, as early as Tuesday.
Aussie dollar jumps on oil shock as big four banks tip two rate rises
Banks and traders are expecting a rate increase from the RBA next week, which has lit a fire under the Australian dollar just as oil jumps back above $US100 a barrel.
Traders, major banks point to rate rise next week on Iran oil shock
Markets and economists increasingly expect an increase this month after hawkish comments from Reserve Bank deputy governor Andrew Hauser in a podcast this week.
Bank of America tips RBA to raise interest rates next week
Economist Nick Stenner has warned an energy shock from the Middle East conflict will force the central bank to act as soon as next week.
War and oil spark global bond firestorm on rates rethink
Yields are surging as the jump in energy prices caused by the strikes on Iran raises the prospect of higher borrowing costs worldwide.
