As we have been sharing our view that volatility will remain stubbornly high in 2022, the S&P 500 has gained or lost 2% or more in a day some 32 times so far in 2022, compared to 24 such days in all of 2021! The uncertainty of Fed action to curb inflation and raise rates is causing much ... Read more
Archives for April 2022
Statement by Philip Lowe, Governor: Monetary Policy Decision -5th April 2022
Number 2022-11 Date 5 April 2022 At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent. Inflation has increased sharply in many parts of the world. Ongoing supply-side problems, ... Read more