Analysis: Quantitative easing is dead, long live quantitative tightening | swrighteconomy
But the COVID-19 recession not only delivered us the lowest interest rates on record, just 0.1 per cent, but also the RBA’s first foray into
But with inflation now moving up, unemployment on track to slip below 4 per cent for the first time since Grahame Bond gave usin 1974 and Australians taking on record levels of debt, the time to switch from quantitative easing to quantitative tightening is approaching. RBA governor Philip Lowe along with his board will use the May meeting to start mapping out its approach to quantitative tightening.It’s an important decision for the bank, whichever party is in office in Canberra and the general economy.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Quantitative easing is dead, long live quantitative tighteningThe RBA is turning off its money printing presses. It’s an important decision for the bank, whichever party is in office in Canberra and the general economy, writes Shane Wright | OPINION RBA interestrates
Read more »
Reserve Bank keeps rates on hold, ends quantitative easingThe Reserve Bank has kept interest rates on hold at a record low 0.1 per cent but has formally ended its quantitative easing program as inflation rises faster than expected.
Read more »
RBA to end big spending QE program as inflation pressures growThe RBA has spent more than $300 billion on its quantitative easing program since the start of Covid. On Tuesday, it will start the end of the program | swrighteconomy
Read more »
The hidden life of a lorry driver: long hours, fear of robberies – and living for the weekendThe country would grind to a halt without hauliers such as Rob Piper. But do they get the respect they deserve? Our reporter joined him on the road to find out
Read more »
The 60/40 portfolio has worst loss since March 2020 on Fed shiftBoth US equities and bond prices have fallen sharply this month as markets price in a faster pace of interest-rate tightening during 2022.
Read more »
Corrs poaches two more Allen & Overy banking partnersAustralian law firm Corrs Chambers Westgarth has tightened its grip on rival Allen & Overy’s banking and finance team, securing another pair of senior lawyers.
Read more »