32019Dec

Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, December 2019

At its meeting today, the Board decided to leave the cash rate unchanged at 0.75 per cent. The outlook for the global economy remains reasonable. While the risks are still tilted to the downside, some of these risks have lessened recently. The US–China trade and technology disputes continue to affect international trade flows and investment as businesses…

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142019Nov

ThreeSixty Research Market Update – November 2019

Highlights: In the US, trade-exposed sectors are suffering as a result of the trade conflict, but the consumer sector appears to be holding up well. Economic activity in the eurozone weakened during the September quarter as outgoing ECB president Draghi warned euro-area fiscal policies were insufficient. The UK parliament agreed to a general election on…

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142019Oct

ThreeSixty Research Market Update – October 2019

  Highlights: Some indicators point to a heightened risk of recession in the US, but for now inflation remains slightly above target and wages are still expected to rise. The global downturn in manufacturing is deepening, although the services sector remains a bright spot, supported by consumer spending. UK prime minister Boris Johnson remains hamstrung…

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132019Sep

ThreeSixty Research Market Update – September 2019

Highlights: The US economy remains supported by robust consumer spending and jobs growth, but trade uncertainty is having a negative effect on business investment. Markets strongly expect the US Fed to lower interest rates at its September meeting as Powell stated the Fed would “act as appropriate to sustain this expansion.” The UK’s new prime…

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102019Sep

Chart of the week: Australia's economy is still in the slow lane

Bob Cunneen, Senior Economist and Portfolio Specialist Sources: Opening Statement to the House of Representatives Standing Committee on Economics RBA Governor Philip Lowe, 9 August 2019, and Datastream.  The Australian economy is still dawdling along in the slow lane. Australia’s real economic growth was only 1.4% for the year to June 2019 (red line). Consumer spending…

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32019Sep

Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, September 2019

At its meeting today, the Board decided to leave the cash rate unchanged at 1.00 per cent.   The outlook for the global economy remains reasonable, although the risks are tilted to the downside. The trade and technology disputes are affecting international trade flows and investment as businesses scale back spending plans due to the increased uncertainty….

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