ECB raises rates to record high of 4%BY CASSANDRA BALDINI | FRIDAY, 15 SEP 2023 12:04PMOvernight, the European Central Bank (ECB) raised interest rates by a further 25 basis points to a historical peak of 4%, saying inflation is simply still too high. Related News |
Editor's Choice
Invesco launches new equity fund
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.
FCA pursues Neil Woodford again
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.
Former APRA deputy chair launches retirement solutions startup
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.
Global X launches space tech ETF
Global X has now launched the space tech ETF (ASX: MOON).
Products
Featured Profile

Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.






