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RBA likely to cut rates to boost hiring

Bloomberg Australia’s central bank is likely to lower interest rates again to drive increased hiring. The central bank aims to boost households’ confidence that inflation will return to target. The Reserve Bank made the comment in minutes of its June 4 policy meeting, when it eased the cash rate to 1.25 percent in the first reduction in almost three years. ...

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Bank Indonesia’s chief sees room to slash rates

Bloomberg Bank Indonesia sees room to cut interest rates, according to Governor Perry Warjiyo, raising the prospect of Southeast Asia’s biggest economy easing monetary policy in the face of growing risks to growth. “If we take into account low inflation and economic growth that needs to be pushed, indeed, we already know that there’s room to lower interest rate,” Warjiyo ...

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Boeing is open to changing name of grounded 737 Max jet

Bloomberg Boeing Co is open to dropping the “Max” branding for its latest 737 jetliner, depending on an assessment of consumer and airline responses to an aircraft name that’s been tarnished by two fatal crashes and a three-month grounding. “I’d say we’re being open-minded to all the input we get,” Chief Financial Officer Greg Smith said in an interview on ...

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