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Showing 1061 - 1070 of 3600 results for "Central"

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
If there's anything that's 100% certain, it is that the European Central Bank (ECB) will keep current interest rate settings unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.40%. Although, given the mounting ...

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... Powell warned below-target inflation is "one of the major challenges of our time", saying: "That's something that central banks face all over the world." True that. The chart below shows latest core CPI inflation measures among the world's major ...

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

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... (before he became UK Prime Minister 1940-1945) but Churchill's words now resonate in the conundrum most major world central banks face - low (even multi-decade low) unemployment rates and low (even easing) inflation. For all intents and purposes ...

Perpetual wins trustee mandate

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... across 15 to 20 investments in five years. Impact Investment Partners managing director Chris Croker is a Luritja man from Central Australia. "The launch of the fund is an important step towards increasing Indigenous direct economic engagement through ...

Industry fund appoints board director

KANIKA SOOD  |  MONDAY, 27 MAY 2019
A $3 billion industry superannuation fund has appointed to its board as a long-standing director retires after more than 25 years. Robyn Burns has joined the board of First Super. She will replace First Super veteran Allan Stewart who plans to stand ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
... clear decision. A wide variety of factors can influence exchange rates, including government purchases of currency or central bank moves, and labeling a country a currency manipulator involves ascribing intent." Trump has to start somewhere before he ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG  |  THURSDAY, 23 MAY 2019
... delivered his address before the Economics Society of Australia on the May 21. "Putting these various elements together, our central scenario - as outlined in our recent Statement on Monetary Policy - is for the Australian economy to grow by 23/4 per ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
Reserve Bank of Australia (RBA) governor Philip Lowe provided the clearest indication yet that the Australian central bank is poised to cut interest rates, potentially at its June 4 meeting. The transcript of Lowe's speech - titled 'The Economic ...

NAB sells fund administration business

HARRISON WORLEY  |  MONDAY, 20 MAY 2019
... Ausmaq. Deutsche Borse has acquired the specialist managed funds and term deposit administrator through its international central securities depository subsidiary, Clearstream. The move will see Clearstream enter the Australian market when the deal closes ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... the RBA's inflation target. Then again, and as the RBA statement indicated at its May board meeting, the Australian central bank's bias is tilted towards the relatively low unemployment rate than below-target inflation as its forward guidance ...