Yesterday
Fed on track for quarter-point cut: Wall Street
Economists mostly took the August jobs data and initial policymaker responses in stride, downplaying the probability of a half-point cut this month.
- Timothy Moore
This Month
Markets brace for more bad news on US economy
Traders have ramped up bets on rate cuts by the Federal Reserve.
- Cecile Lefort
Sharp rise in unemployment would compel RBA to cut rates
The jobless rate would have to exceed 4.5 per cent to bring rate relief to borrowers and set the task of mitigating above-target inflation to one side.
- Cecile Lefort
Hybrids make stealthy return in Scentre vision
A $750 million hybrid security issue entertained by Scentre may encourage more corporations to turn to the Australian debt market to bolster their balance sheets.
- Jonathan Shapiro and Cecile Lefort
August
CBA chief economist Stephen Halmarick calls time at bank
The economics specialist is due to depart early next year after almost 16 years with the big four lender to pursue other opportunities in the field.
- Joanne Tran
Five reasons traders don’t believe the RBA’s rate warning
From forecasting errors to credibility issues, market pundits flag the many risks that lie ahead for the Reserve Bank on interest rates.
- Cecile Lefort
Why Australian bonds are flashing red for more job losses
Traders are betting the Australian economy may have bigger hurdles ahead than the Reserve Bank of Australia has forecast.
- Cecile Lefort
US Fed officials argue for gradual interest rate cuts to start soon
Top policymakers in Boston and Philadelphia pushed back against market bets for an aggressive pivot, instead calling for a slow and steady approach.
- Jonnelle Marte and Reade Pickert
Investors warn election pledges are delaying RBA rate cuts
There are fears that Queensland will launch a wave of fresh spending to woo voters ahead of its election which will add to the RBA’s inflation headache.
- Cecile Lefort
- Opinion
- Private equity
After the rout, this area of the market is ripe for making money
As the Federal Reserve prepares to start cutting interest rates, there are two questions to be asked when making your next investment bet, particularly following this month’s turmoil.
- Katrina King
Traders shred bets on big rate cuts thanks to resilient US economy
Financial markets pared back expectations of a super-sized September reduction in interest rates, pricing in less than 30 basis points of easing next month.
- Michael Mackenzie
Rate cuts still on the cards despite stellar jobs growth
While the bond market is pricing in a 50:50 chance of an Australian interest rate cut in November, it’s still all-in on December as the global easing campaign intensifies
- Updated
- Cecile Lefort
China’s bond market flashes more pain for commodity investors
Australia’s status as the lucky country riding Chinese demand for commodities could be threatened by a record-breaking bond yield crash in the world’s second-biggest economy.
- Tom Richardson
Rapid rate cuts expected in New Zealand as economy teeters
The kiwi tumbles against both Australian and US dollar after the NZ Reserve Bank cut rates and tips the economy will fall back into recession in 2024.
- Cecile Lefort
- Opinion
- Interest rates
Rate cuts rely on an inconvenient truth about inflation
US and UK Inflation data this week is expected to tick up, which risks muddling careful central bank messaging that higher borrowing costs are coming to and end – at least outside of Australia.
- Marcus Ashworth
Why the market’s danger trade could make a comeback
Speculative investors in the so-called yen carry trade could tiptoe back as early as Wednesday as markets appear calmer after last week’s brutal sell-off.
- Cecile Lefort
Why the market doesn’t believe the RBA on rates
Despite the surprisingly strong hawkish rhetoric from the Reserve Bank this week, bond traders (and some economists) aren’t buying it.
- Updated
- Cecile Lefort and Sarah Jones
Traders don’t believe the RBA’s warning on rates
Bond markets are still wagering that the Reserve Bank will cut interest rates this year even as the central bank said it considered a rise on Tuesday.
- Cecile Lefort
Traders bet on rapid rate cuts as recession fears deepen
Bond prices are soaring globally after weaker US jobs data rattled investors and prompted traders to dial up the need for urgent rate cuts in both the US and Australia to stem an economic downturn.
- Cecile Lefort
- Opinion
- Interest rates
The RBA has more to worry about than just inflation
Monetary policy is now more than ever just a wealth redistribution policy in Australia, just ask Baby Boomers.
- Updated
- Tim Hext
