DJIA25628.90
LIVE-623.34(-2.37%)
NDX7465.00
LIVE-242.43(-3.15%)

Lowe Says RBA Ready to Ease Again If Demand Growth Insufficient

Thursday, 25 July 2019 10:29 WIB RBA Ekonomi Australia Reserve Bank of Australia Philip Lowe

Australia’s central bank chief Philip Lowe said he’s ready to ease policy further if his recent back-to-back cuts fail to revive economic growth and flagged “an extended period” of low interest rates. Lowe said in the text of a speech in Sydney Thursday that it could turn out that a combination of the consecutive rate reductions, tax cuts, higher commodity prices, a stabilizing housing market and infrastructure investment spur the economy and lift inflation. “But if demand growth is not sufficient, the board is prepared to provide additional support by easing monetary policy further,” he said. “Whether or not further monetary easing is needed, it is...

Read more...

RECENT NEWS

Federal Reserve Chairman Jerome Powell said Tuesday that the central bank now estimates that a key measure of core inflation increased in June to its highest level in four months but added that, despite the acceleration, inflation pressures “remain...

Australia's central bank is focused on the jobs market and said it will adjust policy if needed to support economic growth and keep inflation on track to return to target. In minutes of its July 2 meeting, when it cut interest rates for a second...

Federal Reserve Chairman Jerome Powell said Thursday that the U.S. economy was hit by a severe “confidence shock” in May from which it has only partly recovered. “You saw business confidence surveys…quite negative, fairly broadly,” Powell said, in...

Many Federal Reserve officials said in their meeting in June that they would be willing to cut interest rates if the economy continued to struggle in coming weeks, according to minutes of the discussion released on Wednesday. Officials appeared...

In his prepared statement to be delivered at his semi-annual testimony to the Congress, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, reiterated that the Fed will act 'as appropriate' to sustain the U.S. economic...

Monetary

Bank of Japan maintains 10-year JGB yield target at about zero percent after ending a two-day meeting on Tuesday. Keeps policy balance rate at -0.1%. Central bank leaves forward guidance and asset

Fiscal

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.