Latest news with #EdBoyd
News.com.au
8 hours ago
- Business
- News.com.au
RBA to possibly ‘ease' monetary policy ‘more aggressively'
Rabobank Senior Macro Strategist Ben Picton says the Reserve Bank of Australia will potentially begin to ease monetary policy more aggressively. 'It's no doubt about it, you can't polish this one, it was a poor growth figure,' Mr Picton told Sky News host Ed Boyd. 'With the pullback in government spending in this quarter there was, maybe the safety net was removed a little bit for the economy. 'It maybe does put the onus back on them to some degree, to start to ease monetary policy a little bit more aggressively.'
News.com.au
8 hours ago
- Business
- News.com.au
‘Fairly shabby number': GDP rises only 0.2 per cent in March quarter
Rabobank Senior Macro Strategist Ben Picton says last quarter's 0.2 per cent growth in GDP is a 'fairly shabby number'. 'I think it's pretty fair to say that it was a fairly shabby number,' Mr Picton told Sky News host Ed Boyd. 'We expected a higher number … it was a soft number, perhaps it's maybe exaggerated a little bit by some of those weather effects. 'Overall, we'd certainly like to see a more robust growth figure.'
News.com.au
a day ago
- Business
- News.com.au
Interest rate cuts set to play a crucial role in economic growth
Principal at Economics Unchained Stephen Halmarick says interest rate cuts will play a crucial role in accelerating economic growth in 2025. 'The big change, of course, is the Reserve Bank started cutting interest rates,' Mr Halmarick told Sky News host Ed Boyd. 'Those interest rate cuts are going to be a really important part of seeing a bit of acceleration and economic growth this year.'
News.com.au
a day ago
- Business
- News.com.au
‘Pretty soft': First quarter GDP numbers analysed
Principal at Economics Unchained Stephen Halmarick discusses Australia's first quarter 2025 GDP figures, claiming they are 'pretty soft'. 'Unfortunately, it looks like the first quarter GDP numbers are going to be pretty soft, maybe around 0.3 per cent for the quarter,' Mr Halmarick told Sky News host Ed Boyd. 'That's slower than the fourth quarter of last year, which was 0.6. 'So, you know, continuously, it's like a very subdued economic environment we've had for a number of years now.'
News.com.au
3 days ago
- Business
- News.com.au
‘Powerful': Economist urges caution amid fears AI will pose threat to economy
Economist and author James Rickards comments on the impact of artificial intelligence on capital markets. 'AI is extremely powerful, it's everywhere,' Mr Rickards told Sky News host Ed Boyd. 'I'm warning that, yeah, AI is powerful and it can do a lot of good, but there are also very, very significant dangers which are being overlooked … how it could cause a stock market crash, how it could cause a run on the bank. 'AI can accelerate them, make them more likely.'
