The Reserve Bank of New Zealand has delivered its most aggressive rate hike since 1999, when the cash rate was introduced.
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Australia’s Reserve Bank governor predicts a rockier road aheadThe Reserve Bank governor is predicting a rockier road ahead when it comes to inflation and wages. Philip Lowe warns we're likely to see more variable inflation than what's been recorded over the last three decades. 7NEWS What a clown. The same Phillip Lowe who said we wouldn't have any interest rate rises until 2024? .75 for the next increase considering the spending that is still happening?. Wouldn't put it past him.
Source: 7NewsSydney - 🏆 16. / 63 Read more »
Reserve Bank forecasts see-sawing interest rates as economy worsensRBA governor Philip Lowe has warned it will be increasingly tough to keep inflation, and interest rates, under control as the global economy changes.
Source: brisbanetimes - 🏆 13. / 67 Read more »
Reserve Bank forecasts see-sawing interest rates as economy worsensRBA governor Philip Lowe has warned it will be increasingly tough to keep inflation, and interest rates, under control as the global economy changes. auspol Sack this bloke Quick, spend billions more on inefficient and expensive renewables. Maybe then we can finally get rid of the middle class in this country. Lowe is a neoliberal bozo.
Source: theage - 🏆 8. / 77 Read more »
Reserve Bank forecasts see-sawing interest rates as economy worsensInterest rates will swing up and down more often to deal with increasingly erratic inflation over coming years, RBA governor Philip Lowe warns | swrighteconomy swrighteconomy Considering Lowe's assertive calls that there'd be no interest rate rises until 2024 - I prefer to get my financial forecasts from examining chicken entails. (ATM chickens winning 70:30) swrighteconomy Watch for out of cycle hikes by the banks. When that happens the RBA will be pretty much done. swrighteconomy Smirky the smirker.
Source: smh - 🏆 6. / 80 Read more »
Great Southern Bank preps bond deal, Emirates Bank in non-deal chatsQueensland-headquartered Great Southern Bank was prepping a three-year senior floating rate note deal on Wednesday evening, in what bond investors reckon could be the last sizeable bank deal for the year.
Source: FinancialReview - 🏆 2. / 90 Read more »
New Zealand forecasts recession in 2023 as it delivers largest rate hike in historyNew Zealand’s reserve bank says spending levels still need to be reduced with rate rises, in order to tame inflation Negative growth caused by dramatic increases in interest rates and inflation staying stubbornly high due to global supply related problems. Well done reserve bankers of the world for a completely unnecessary but likely period of stagflation.
Source: GuardianAus - 🏆 1. / 98 Read more »