Thu Jun 3, 2010 17:11 GMT |
Facing a double-whammy of a credit-fuelled housing bubble and a slowdown in Chinese economic activity, the outlook for Australia’s economy is turning increasingly precarious. While consensus continues to point towards further monetary tightening by the Reserve Bank of Australia, Business Monitor’s Head of Asia analysis, Stuart Allsopp, believes that further interest rate hikes are unlikely…. [Read more]
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Tags: AUD, aussie dollar, australia, China, China slowdown, commodity exports, double-dip recession, housing bubble, interest rates, monetary easing, monetary policy, monetary tightening, Property Bubble, Reserve Bank of Australia
Posted in: Asia, Commodities, Financials, General, Inflation/Deflation, Podcast
Tue Oct 6, 2009 17:09 GMT |
The Reserve Bank of Australia (RBA) hiked interest rates on Tuesday, from 3.00% to 3.25%, in what appears to have marked the first act of monetary tightening since the 25 basis point hike by the ECB back in August 2008. I salute the RBA. Unlike the rest of the global central banking community, it has… [Read more]
Tags: asset bubbles, australia, household debt, interest rates, monetary tightening, raise, RBA, Reserve Bank of Australia
Posted in: Asia, General, Inflation/Deflation