Sunday, 19 January 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
RBA Leaves Key Rate at 1% as Seen by All 31 Economists Surveyed
Tuesday, 6 August 2019 11:45 WIB | FISCAL & MONETARY |RBA

Reserve Bank of Australia holds key interest rate at record low of 1%, after cutting benchmark at each of prior two monthly meetings.

RBA Governor Philip Lowe says in statement Tuesday: œIt is reasonable to expect that an extended period of low interest rates will be required in Australia to make progress in reducing unemployment and achieve more assured progress towards the inflation target. The Board will continue to monitor developments in the labor market closely and ease monetary policy further if needed to support sustainable growth in the economy and the achievement of the inflation target over time.

The Aussie dollar has fallen more than 3% since the central bank's July interest-rate cut, aiding exporters and import-competing industries.

Source : Bloomberg

RELATED NEWS
BoE Could Give "Prompt Response" to Signs of Lasting Weakness in UK Economy - Carney...
Thursday, 9 January 2020 17:07 WIB

Bank of England Governor Mark Carney said on Thursday there could be a "relatively prompt response" from the central bank if it looked like weakness in the economy will persist. "With the relatively ...

Bank of England leaves policy rate unchanged at 0.75% in December as expected...
Thursday, 19 December 2019 19:47 WIB

In a widely expected decision, the Bank of England's Monetary Policy Committee held the policy rate unchanged at 0.75% in December. The asset purchase facility remained steady at €435 billion as wel...

Lagarde's ECB Keeps Policy Unchanged as Strategy Review Looms...
Thursday, 12 December 2019 20:05 WIB

The European Central Bank kept monetary stimulus unchanged at President Christine Lagarde™s first policy meeting, shifting the focus to when she™ll announce her review of the instit...

Federal Reserve signals no rate hikes in 2020, just one in 2021...
Thursday, 12 December 2019 02:20 WIB

The Federal Reserve left its benchmark interest rate unchanged and signaled no changes next year after its latest meeting to evaluate the economy. The Fed's so-called dot plot shows no rate hikes in ...

Australia Holds Rate as RBA Waits for Past Cuts to Flow Through...
Tuesday, 3 December 2019 10:56 WIB

Australia™s central bank kept interest rates unchanged as it waits for three cuts since June to flow through to areas of the economy beyond the property market. Reserve Bank Governor ...

LATEST NEWS
S&P 500, Dow close at new records, notch best weekly gains since August

U.S. stocks closed at all-time highs Friday, marking the third-straight record close for the Dow and S&P 500, as investors cheered bullish economic data and continued to ride a wave of trade optimism. The Dow Jones Industrial Average rose 50...

Hong Kong Stocks End Week with Gains (REview)

Hong Kong stocks finished Friday on a positive note, with investors retaining optimism over the outlook following this week's signing of the China-US trade pact that eased tensions between the economic superpowers. The Hang Seng index added 0.60...

Minyak catat penurunan minggu kedua beruntun seiring kekhawatiran permintaan global

Harga minyak stabil pada hari Jumat seiring pertumbuhan ekonomi yang lamban di China, importir minyak mentah terbesar dunia, meningkatkan kekhawatiran atas permintaan bahan bakar dan melawan optimisme dari penandatanganan kesepakatan dagang...

POPULAR NEWS
Gold prices finish lower as some upbeat economic data dull haven demand
Friday, 17 January 2020 02:11 WIB

Gold futures gave up earlier gains to finish lower on Thursday, as some upbeat U.S. economic data dulled haven demand for the precious...

Gold Edges Higher, But Faces Worst Week in Two Months
Friday, 17 January 2020 19:32 WIB

Gold prices edged higher on Friday, but was still on track to post its biggest weekly decline in about two months as solid Chinese data and a...

Gold Prices Aim for Back-to-Back Gain as Dollar and Bond Yields Retreat
Thursday, 16 January 2020 20:10 WIB

Gold futures on Thursday headed for their highest close in about a week, extending a climb from Wednesday following the completion of the first...

Gold Holds Advanced After Trade Deal; Palladium at Record
Thursday, 16 January 2020 13:41 WIB

Gold held an advance following the signing of the U.S.-China phase-one trade deal, with investors seeking to assess how consequential the...