RBA says to raise rates further, on pace with global peers – by fx_ross RBA Australia
further over the coming months, adding the bank can achieve a similar rise in rates to its global peers through smaller hikes.
Bullock was appointed to her current position in October 2016. In this role, she is responsible for the Bank's work on financial stability, including the production of the twice-yearly Financial Stability Review, as well as the Bank's oversight of the payments system.The board expects to increase interest rates further over the coming months; pace and timing will be determined by data.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
RBA minutes: Likely to require further increases in interest rates over the period aheadThe Reserve Bank of Australia (RBA) has published the minutes of its monetary policy meeting as follows, as reported by Reuters: ''Minutes of the Oct
Read more »
How high will rates go? This chart shows expectations for central bank policy rates.“Interest rates have increased rapidly over the past six months, and that pace is expected to continue. … Our view is that policy rates in these major economies will continue to rise into March 2023,” Vanguard’s European chief economist wrote in a note.
Read more »
USD/THB keeps targeting 38.46 – UOBMarkets Strategist Quek Ser Leang at UOB Group’s Global Economics and Markets Research suggests further upside could prompt USD/THB to test the 38.46
Read more »
USD/IDR: Further gains appear in store near term – UOBMarkets Strategist Quek Ser Leang at UOB Group’s Global Economics and Markets Research suggested further upside in USD/IDR appears likely in the short
Read more »
Home asking prices tumble at record pace as mortgage rates surge: dataSteep mortgages are “pushing homebuyer sentiment down near its all-time low,” an economist said.
Read more »
Sen. Todd Young has significant cash advantage over Thomas McDermottYoung, who is known for his fundraising prowess, has consistently dominated McDermott in raising cash every quarter.
Read more »