DARK SECRETS: The reserve bank | Vintage Vibes

Bad news comes in twos: cash rate and CPI set to rise

Australian mortgage holders can expect more borrowing pain when the Reserve Bank board meets, with an interest rate hike almost universally anticipated.

AAP · 5h ago

Card surcharges are banned from October 1. What’s changing at the checkout?

From October 1 this year, businesses will be banned from adding a surcharge when customers pay with a debit, credit, EFTPOS or prepaid card.

The Conversation · Sep 24

Unemployment rises to 4.6%, but a September interest rate hike still looks likely

Unemployment rose to 4.6% in August, new Australian Bureau of Statistics figures show. That’s the highest it’s been since November 2021.

The Conversation · Sep 24

RBI may hike repo rate 25 bps each in October, December, analysts say

Analysts expect the Reserve Bank of India to raise key policy rates soon. Headline inflation is projected to rise further, influencing this decision. Global factors like oil prices and US Federal Reserve actions also play a role. Economists suggest two rate hikes in October and December this year. This move…

The Economic Times · Sep 15

Iran and iPhones add to Reserve Bank's inflation pickle

Reserve Bank assistant governor Sarah Hunter says the broader global economic environment could be more inflationary as a result of the AI boom.

AAP · Sep 14

RBI should hike rate by 25 bps in October to counter external shocks: Report

An SBI research report recommends the Reserve Bank of India raise interest rates. The central bank should implement a 25 basis point hike next month, it says. This action aims to counter external shocks and rising crude oil prices. Inflationary pressures are also showing signs of becoming more widespread. The…

The Economic Times · Sep 11

Yes, it’s the economy, stupid. But One Nation is outflanking the government on messaging, too

Labor is no doubt dreading the likelihood of further interest rate rises, despite Treasurer Jim Chalmers talking up the economy.

The Conversation · Sep 11

RBI launches key surveys to get inputs for monetary policy

The Reserve Bank of India has launched three key surveys today. These surveys aim to gauge inflation expectations and consumer confidence across India. The Inflation Expectations Survey of Households will capture price movement assessments. Urban and Rural Consumer Confidence Surveys will gather sentiment on economic conditions. Results from these studies…

The Economic Times · Sep 8

FCNR flows to complicate liquidity management, lead RBI to deploy more tools: Economists

Higher FCNR(B) inflows are complicating the Reserve Bank's liquidity management. The banking system currently holds excess liquidity at a four-year high. Economists anticipate the RBI will deploy additional tools to absorb surplus funds. These measures may include variable rate reverse repo operations and incremental CRR hikes. Forex reserves have reached…

The Economic Times · Sep 3

Worse than 2007: productivity stat bad news for the RBA

Low productivity means Australia's economy is growing above its "speed limit", amplifying concerns the Reserve Bank will hike interest rates again.

AAP · Sep 2