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Showing 71 - 80 of 625 results for "minutes"

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... inferences over the RBA's reluctance to cut interest rates anymore. There was that phrase in the October 1 meeting minutes stating that the stimulatory effects of lower interest rates on borrowing "may not be operating in the same way as in the past ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... it's achieved having the Budget surplus immortalised on paper). Forget about a Melbourne Cup Day interest rate cut! The minutes of the Reserve Bank of Australia's (RBA) October 1 Board meeting first hinted on this, stating that the stimulatory ...

ASX faces challenge on ETF stronghold

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
... active fixed income strategy from Kapstream. It chose the exchange over the incumbent ASX. In the first hour and forty minutes of trading this morning, brokers transacted about $12,500 of the inaugural listing, in four trades. And there are many more ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
... market anxiety. Jerome's task is not made any easier by the current internal division of views at the Fed, as the minutes of the 30-31 July FOMC reveal -- when it decided to cut the fed funds rate by 25 bps to 2.0%-2.25%. "A couple of participants ...

Document leak puts NAB under the pump

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... revealing the extent of the embattled bank's risk management difficulties. As reported by The Sydney Morning Herald, minutes from a June 2018 meeting between NAB chair Ken Henry - who will step down from the role in November - and staff of the bank's ...

PYSP queries inundate super funds

KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2019
... not been able to get hold of a representative since joining a month ago. "Every time I have called I am dropped after 20 minutes on hold. It's now end of financial year and I have not achieved what I needed to so will be out of pocket thousands come ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... and low (even easing) inflation. For all intents and purposes, the Fed's "policy of patience" - reinforced in the minutes of its May FOMC meeting - can be considered the correct approach. Everything comes to him who waits. The data-dependent Fed ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
... the same in RBA governor Philip Lowe's speech before the Economics Society of Australia on May 21 and later, in the minutes of the RBA's board meeting. I could live with two or three, even four interest rate reductions. The thing is, they don't ...

Chief economist update: A good problem to have?

BENJAMIN ONG  |  TUESDAY, 30 APR 2019
... Fed funds rate would remain on ice at least not until 2019 becomes 2020. The Fed is aware of this as published in the minutes of a March meeting: "A few participants observed that the appropriate path for policy, insofar as it implied lower interest ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... forward guidance of a pause was sufficient to lift the animal spirits among equity investors. It reaffirmed this in the minutes of its 19-20 March FOMC meeting. "With regard to the outlook for monetary policy beyond this meeting, a majority of participants ...