Tag: RBA
-
Rapid, repeated rate rises forecast as inflation stays stubborn in Australia
Persistent inflation drives a second year of rate hikes Australian inflation has proven stubborn, and a recent survey of major economists suggests the Reserve Bank of Australia (RBA) will not be able to pause its campaign against rising prices. The consensus is clear: interest rates are likely to rise at least twice this year, with…
-
Rapid Rate Rises in Australia: Economists Warn of More Hikes
Australia braces for more rate hikes as inflation stays stubborn Economists across Australia expect the central bank to lift the official cash rate at least twice this year, signaling a period of tighter monetary policy as inflation remains stubbornly high. The prevailing view among survey participants is that the Reserve Bank of Australia (RBA) will…
-
Rapid Rate Rises Ahead: Economists Predict at Least Two Official Cash Rate Hikes in Australia This Year
Summary of the Expectation Australia’s inflation trajectory remains stubbornly elevated, and a clear consensus among leading economists is forming: the Reserve Bank of Australia (RBA) will tighten monetary policy further this year. In a recent survey, economists weighed in on the path for official interest rates, with most predicting the cash rate will rise at…
-
Early Planning for Retirement: Kenya’s Pensioner Pulse and the Need for Stronger Schemes
Why Kenya Needs Stronger Pension Schemes Now With an aging population on the horizon, Kenya faces a critical question: how prepared are its workers for retirement? The Retirement Benefits Authority (RBA) has released insights from its 9th Pensioner Survey, highlighting gaps in readiness and the potential financial strain on retirees. The findings underscore a clear…
-
Kenya Pension Readiness: Planning for Retirement Peace of Mind
Unlocking Retirement Peace of Mind: Why Kenya’s Pension Readiness Matters As Kenya’s workforce ages, the need for solid pension planning has moved from a private concern to a national priority. Insights from the Retirement Benefits Authority (RBA) and its 9th Pensioner Survey shed light on how prepared kenyans are for a financially secure retirement. The…
-
Planning Now for a Secure Retirement: Lessons from Kenya’s 9th Pensioner Survey
Why pension planning matters for Kenya’s ageing workforce As economies grow and life expectancy rises, more Kenyans are living longer after work. Yet a robust safety net in retirement is not guaranteed. The Retirement Benefits Authority (RBA) has released insights from its 9th Pensioner Survey, underscoring a clear concern: without proactive planning, many will face…
-
Bullock Cancels RBA Christmas Party Over Cost Pressures
Why Michele Bullock Cancelled the RBA Christmas Party In a move that underscored the Reserve Bank of Australia’s cautious stance amid economic pressures, Governor Michele Bullock cancelled the organisation’s annual Christmas party. Publicly, the reason given focused on broader social and financial perceptions, but the decision sits within a context of ongoing cost-of-living pressures and…
-
Why Michele Bullock Cancelled the RBA Christmas Party: A Cost-of-Living Consideration
Background: A Decision Rooted in Perception In a move that blends workplace governance with public accountability, Michele Bullock, the governor of the Reserve Bank of Australia (RBA), cancelled the institution’s Christmas party. The decision, described by Bullock as a response to potential negative perceptions from the broad public—especially the “man in the street who is…
-
Why Michele Bullock Cancelled the RBA Christmas Party: Costs, Perception, and prudence
Context: The decision behind the cancellation In a move that has drawn attention beyond the Reserve Bank of Australia (RBA) walls, Governor Michele Bullock did not attend or approve the annual Christmas party. She said the decision was driven by concerns about negative perceptions among ordinary Australians who are feeling the bite of rising costs.…
-
AUD/USD Dips as Aussie PMI Looms and RBA Inflation Focus Holds Markets
USD Dips Ahead of Australian PMI as RBA Monitor Inflation The currency pair AUD/USD traded around 0.6440 in European trading on Thursday, edging lower as investors positioned themselves ahead of the flash S&P Global Purchasing Managers’ Index (PMI) for November. The broader backdrop remains cautious, with traders balancing domestic Australian data against ongoing U.S. dollar…