* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, September 8, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Monumental Sports & Entertainment Sets Corporate Direction at Nasdaq – PR Newswire

    Monumental Sports & Entertainment Reveals Bold New Corporate Vision at Nasdaq

    The Secret to What Made ‘CarJack’ Work on As the World Turns – yahoo.com

    The Surprising Secret Behind ‘CarJack’s’ Success on As the World Turns

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Pendulum Announce Homecoming 2026 Australian Tour – yahoo.com

    Pendulum Announces Thrilling Homecoming Tour Across Australia in 2026

    ITV Studios Launches New Entertainment Label – Global Bulletin – IMDb

    ITV Studios Unveils Exciting New Entertainment Label

    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Industry partner provides Ferris State Plastics Engineering Technology students with state-of-the-art equipment to gain in-demand skills – Ferris State University

    Industry Partner Equips Ferris State Plastics Engineering Students with Cutting-Edge Technology to Boost In-Demand Skills

    Health Technology Ecosystem – Centers for Medicare & Medicaid Services | CMS (.gov)

    Discover the Future of Health Technology: Innovations Revolutionizing Patient Care

    Coherent Joins LLNL’s STARFIRE Diode Technology Working Group to Advance Inertial Fusion Energy – GlobeNewswire

    Coherent Partners with LLNL’s STARFIRE Team to Drive Breakthroughs in Inertial Fusion Energy

    Gene Associated With Deadly Heart Disease in Golden Retrievers Identified – Technology Networks

    Breakthrough Discovery Uncovers Gene Behind Deadly Heart Disease in Golden Retrievers

    Monkey Island LNG Picks ConocoPhillips’ Liquefaction Technology – Hart Energy

    Monkey Island LNG Selects ConocoPhillips’ Advanced Liquefaction Technology for Next-Gen Energy Solutions

    Credo Technology Group Holding Ltd. (CRDO) Surpasses Q1 Earnings and Revenue Estimates – Yahoo Finance

    Credo Technology Group Surpasses Q1 Earnings and Revenue Expectations

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Monumental Sports & Entertainment Sets Corporate Direction at Nasdaq – PR Newswire

    Monumental Sports & Entertainment Reveals Bold New Corporate Vision at Nasdaq

    The Secret to What Made ‘CarJack’ Work on As the World Turns – yahoo.com

    The Surprising Secret Behind ‘CarJack’s’ Success on As the World Turns

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Pendulum Announce Homecoming 2026 Australian Tour – yahoo.com

    Pendulum Announces Thrilling Homecoming Tour Across Australia in 2026

    ITV Studios Launches New Entertainment Label – Global Bulletin – IMDb

    ITV Studios Unveils Exciting New Entertainment Label

    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Industry partner provides Ferris State Plastics Engineering Technology students with state-of-the-art equipment to gain in-demand skills – Ferris State University

    Industry Partner Equips Ferris State Plastics Engineering Students with Cutting-Edge Technology to Boost In-Demand Skills

    Health Technology Ecosystem – Centers for Medicare & Medicaid Services | CMS (.gov)

    Discover the Future of Health Technology: Innovations Revolutionizing Patient Care

    Coherent Joins LLNL’s STARFIRE Diode Technology Working Group to Advance Inertial Fusion Energy – GlobeNewswire

    Coherent Partners with LLNL’s STARFIRE Team to Drive Breakthroughs in Inertial Fusion Energy

    Gene Associated With Deadly Heart Disease in Golden Retrievers Identified – Technology Networks

    Breakthrough Discovery Uncovers Gene Behind Deadly Heart Disease in Golden Retrievers

    Monkey Island LNG Picks ConocoPhillips’ Liquefaction Technology – Hart Energy

    Monkey Island LNG Selects ConocoPhillips’ Advanced Liquefaction Technology for Next-Gen Energy Solutions

    Credo Technology Group Holding Ltd. (CRDO) Surpasses Q1 Earnings and Revenue Estimates – Yahoo Finance

    Credo Technology Group Surpasses Q1 Earnings and Revenue Expectations

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

Reserve Bank of Australia to deliver final rate hike in Q4, economists say: Reuters poll

August 3, 2023
in General
Reserve Bank of Australia to deliver final rate hike in Q4, economists say: Reuters poll
Share on FacebookShare on Twitter

Reserve Bank of Australia to deliver final rate hike in Q4, economists say: Reuters poll
© Reuters. FILE PHOTO: A worker delivering parcels pushes a trolley past the Reserve Bank of Australia building in central Sydney, Australia, March 7, 2017. REUTERS/David Gray/File Photo

By Devayani Sathyan

BENGALURU (Reuters) – Australia’s central bank will raise interest rates by 25 basis points next quarter in their last hike of the cycle, economists polled by Reuters said following a surprise pause on Tuesday.

On Aug. 1, the Reserve Bank of Australia left rates unchanged for a second straight month, stating the 400 basis points worth of rate rises over the past 16 months were working to cool demand as inflation showed signs of easing.

While the decision to hold was in line with interest rates futures pricing, it startled a majority of economists who had expected the RBA to hike borrowing costs as inflation at 6.0% is double the upper end of the central bank’s target range.

“The Board is now more confident about achieving its inflation objective of moving into the 2–3% band by end-2025. Not achieving the middle of the target band even by end-2025 seems problematic but the Board seems unfazed about that,” noted Bill Evans, chief economist at Westpac.

“The decision not to raise rates for a second month despite clear evidence of a very tight labour market indicates that the Board will need to see the impact of tight labour markets on inflation.”

With inflation not expected to fall to the 2-3% target any time soon and the RBA often going against the consensus view since late last year has made forecasting the central bank’s next move increasingly difficult for economists.

A majority of respondents, 18 of 28, forecast the RBA to add at least 25 basis points to its official cash rate by year-end with 13 expecting the first hike not to come until next quarter. The median puts it at 4.35%.

The remaining 10 expected it to stay at 4.10%, in line with market pricing.

That was an abrupt change in expectations from a week ago when nearly 75% of economists, 23 of 31, were expecting rates to reach 4.35% or higher this quarter.

“The RBA now appears comfortably in data-dependent mode, with little suggestion that it needs to front-load the tightening that is incorporated in its forecasts. However, its inflation path suggests little room for surprises,” noted Chris Read, Australia economist at Morgan Stanley (NYSE:).

“As such, we now expect a final rate hike at the next forecast update in November, lowering our terminal rate forecast from 4.60% to 4.35%. The risk to our forecast is a more extended period on hold.”

More than 80% of respondents, 24 of 29, expected the RBA to hold its official cash rate at 4.10% on Sept. 5. Only five respondents expected a 25 basis point hike.

All major local banks – ANZ, CBA, NAB and Westpac – predicted a pause in September. Of the four, only NAB expected further tightening from the central bank.

Median forecasts showed rates being held steady at 4.35% until end-March. A 25 basis points rate cut was expected every quarter thereafter, taking rates to 3.60% by end-2024.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Investing.com – https://www.investing.com/news/economy/reserve-bank-of-australia-to-deliver-final-rate-hike-in-q4-economists-say–reuters-poll-3142814

Previous Post

Billionaire investor Ackman says he is shorting 30-year Treasuries

Next Post

Mitre 10 owner fined $500k over anti-competitive land covenant

Poland vs Finland: UEFA World Cup Qualifiers stats & head-to-head – BBC

Poland vs Finland: Key Stats and Head-to-Head Showdown in UEFA World Cup Qualifiers

September 8, 2025
Putin Ally Issues Dire Warning About Russian Economy – Newsweek

Putin Ally Issues Stark Warning About Russia’s Economic Future

September 8, 2025
Monumental Sports & Entertainment Sets Corporate Direction at Nasdaq – PR Newswire

Monumental Sports & Entertainment Reveals Bold New Corporate Vision at Nasdaq

September 8, 2025
Trump’s new law will limit payments to hospitals that treat low-income patients – Stateline

Trump’s New Law Targets Major Cuts to Payments for Hospitals Serving Low-Income Patients

September 8, 2025
WATCH: Trump says ‘we’re not going to war’ with Chicago after threatening city on social media – PBS

Trump Reassures: ‘We’re Not Going to War’ with Chicago Despite Earlier Social Media Threats

September 8, 2025
Six Acclaimed Artists Interpret Ecology and the Landscape for ‘Ground/work 2025’ – thisiscolossal.com

Six Acclaimed Artists Interpret Ecology and the Landscape for ‘Ground/work 2025’ – thisiscolossal.com

September 7, 2025
This Stanford computer science professor went to written exams 2 years ago because of AI. He says his students insisted on it – Fortune

Stanford Professor Returns to Written Exams After Students Demand It Amid AI Rise

September 7, 2025
Tiny thumbnails may be key for rodents’ global takeover – Science News

How Tiny Thumbnails Helped Rodents Conquer the Globe

September 7, 2025
$9 Million Stock & Warrant Deal: American Trust Leads Furniture Maker Nova LifeStyle’s Strategic Offering – Stock Titan

American Trust Fuels Nova LifeStyle’s Growth with $9 Million Stock and Warrant Investment

September 7, 2025
Industry partner provides Ferris State Plastics Engineering Technology students with state-of-the-art equipment to gain in-demand skills – Ferris State University

Industry Partner Equips Ferris State Plastics Engineering Students with Cutting-Edge Technology to Boost In-Demand Skills

September 7, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (812)
  • Economy (830)
  • Entertainment (21,708)
  • General (16,915)
  • Health (9,872)
  • Lifestyle (843)
  • News (22,149)
  • People (832)
  • Politics (837)
  • Science (16,040)
  • Sports (21,329)
  • Technology (15,810)
  • World (812)

Recent News

Poland vs Finland: UEFA World Cup Qualifiers stats & head-to-head – BBC

Poland vs Finland: Key Stats and Head-to-Head Showdown in UEFA World Cup Qualifiers

September 8, 2025
Putin Ally Issues Dire Warning About Russian Economy – Newsweek

Putin Ally Issues Stark Warning About Russia’s Economic Future

September 8, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version