James Glynn

Sydney

Senior Economics Reporter at The Wall Street Journal

Senior Economics Reporter at Dow Jones Newswires

Senior Economics Reporter Dow Jones/Wall Street Journal/RBA Watcher. Has covered the Australian economy for more than 35 years. #Collingwood #drums #Shakespeare

Articles

New Zealand Cuts Rates, in One of First Central-Bank Moves During Trade War

2 weeks ago | wsj.com | James Glynn

New Zealand’s central bank has lowered interest rates, making it one of the first central banks to respond to the economic threats posed by the escalating trade war. The Reserve Bank of New Zealand on Wednesday brought its official cash rate to 3.50% from 3.75% and left the door open to further cuts “as the extent and effect of tariff policies become clearer.” It said the Trump administration’s trade policies could slow global growth soon. Will the U.S. follow suit?
Fed March Meeting Minutes Show Officials' Rising Stagflation Concerns; CPI Report in Focus

2 weeks ago | marketscreener.com | James Glynn

Fed March Meeting Minutes Show Officials' Rising Stagflation Concerns; CPI Report in Focus By Vicky Ge Huang Federal Reserve officials at last month's meeting thought their interest-rate setting was "well positioned" to address potential risks from tariffs, said minutes of the central bank's March 18-19 policy meeting.
RBA Governor Says It’s Too Early to Set New Rates Course

2 weeks ago | wsj.com | James Glynn

So far, the economic impact has been limited, Michele Bullock saysApril 10, 2025 6:05 am ET|WSJ ProSYDNEY—Michele Bullock, governor of the Reserve Bank of Australia, said she won’t be rushed into any decision to cut interest rates in response to the Trump administration’s tariff plans and growing expectations of a slowing world economy. “There are a lot of moving parts.
RBA Governor Says It's Too Early to Set New Rates Course

2 weeks ago | uk.marketscreener.com | James Glynn

By James Glynn SYDNEY--Michele Bullock, governor of the Reserve Bank of Australia, said she won't be rushed into any decision to cut interest rates in response to the Trump administration's tariff plans and growing expectations of a slowing world economy. "There are a lot of moving parts. We are bringing all this together to form an objective assessment of what it means for the outlook for domestic activity and inflation here at home," Bullock told a dinner for business leaders on Thursday.
Fed March Meeting Minutes Show Officials' Rising Stagflation Concerns; CPI Report in Focus

2 weeks ago | morningstar.com | James Glynn

Fed March Meeting Minutes Show Officials' Rising Stagflation Concerns; CPI Report in Focus By Vicky Ge Huang Federal Reserve officials at last month's meeting thought their interest-rate setting was "well positioned" to address potential risks from tariffs, said minutes of the central bank's March 18-19 policy meeting.
Break in Trade Storm Still Leaves Job for RBA

2 weeks ago | wsj.com | James Glynn

For the Reserve Bank of Australia, the policy needle is now pointing to cutting rates at its next meetingUpdated April 10, 2025 2:22 am ET|WSJ ProSYDNEY—Share markets around the world have rallied after the Trump White House hit pause on elements of its plan to raise tariffs on a broad front, but the scars inflicted on markets and corporate confidence since “Liberation Day” are still raw, and the problems are far from resolved.
Break in Trade Storm Still Leaves Job for RBA

2 weeks ago | wsj.com | James Glynn

For the Reserve Bank of Australia, the policy needle is now pointing to cutting rates at its next meetingUpdated April 10, 2025 2:22 am ET|WSJ ProSYDNEY—Share markets around the world have rallied after the Trump White House hit pause on elements of its plan to raise tariffs on a broad front, but the scars inflicted on markets and corporate confidence since “Liberation Day” are still raw, and the problems are far from resolved.
NAB Sees Hefty RBA Cuts Amid Battered Confidence, Trade War

2 weeks ago | tradingview.com | James Glynn

NAB Sees Hefty RBA Cuts Amid Battered Confidence, Trade WarSYDNEY--The Reserve Bank of Australia will expedite interest-rate cuts in 2025 given the extreme uncertainty now confronting the world economy, according to Sally Auld, chief economist at National Australia Bank. Despite news overnight that the Trump White House has relented on parts of its tariff policy, sparking a rebound in share prices, Auld said the economic and business environment will remain fraught.
New Zealand Central Bank Cuts Rates, Keeps Door Open to More

2 weeks ago | wsj.com | James Glynn

The central bank cut the official cash rate to 3.50% from 3.75%April 8, 2025 10:28 pm ET|WSJ ProSYDNEY–The Reserve Bank of New Zealand lowered interest rates on Wednesday, making it one of the first central banks to respond to the growing economic threats posed by the escalating trade war. The RBNZ cut the official cash rate to 3.50% from 3.75%, in line with expectations. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved.
New Zealand Central Bank Cuts Rates, Keeps Door Open to More

2 weeks ago | tradingview.com | James Glynn

New Zealand Central Bank Cuts Rates, Keeps Door Open to MoreNZBLRSYDNEY--The Reserve Bank of New Zealand lowered interest rates on Wednesday, making it one of the first central banks to respond to the growing economic threats posed by the escalating trade war. The RBNZ cut the official cash rate to 3.50% from 3.75%, in line with expectations.