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Showing 91 - 100 of 1745 results for "Federal Reserve"

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
Interest rates may well be higher than previously anticipated following stronger economic data, said Federal Reserve chair Jerome Powell before the House Financial Services Committee. Providing testimony yesterday, Powell explained the Fed will continue ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... again thereafter. However, Solomon is confident that the terminal rate will be much lower than in the US. The Federal Reserve will pause somewhere around 5%, he said. Meanwhile, UBS expects the RBA to hike the cash rate by 25 basis points to a peak of ...

Federal Reserve increases rates 25bp

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
The US Federal Reserve has increased its benchmark interest rate by 25 basis points, the smallest move since March last year. The quarter-point increase shifted rates to 4.75% from 4.5%. In making the announcement the Fed signaled more rate rises could ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... Bank of Australia (RBA) policy is no longer relatively tight compared to other major central banks, including the Federal Reserve. "It has been taking a more balanced approach to returning inflation to target," he said. "Higher than expected December ...

Four themes driving 2023: Iggo

CHLOE WALKER  |  TUESDAY, 24 JAN 2023
... reduce the need for additional increases in interest rates beyond what is already priced in i.e., 5% for the US Federal Reserve's fed funds rate; 3.25% to 3.5% for the European Central Bank's deposit rate; and 4.5% for the Bank of England's bank rate. ...

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... right track." GSFM investment strategist Stephen Miller said last night's US core CPI result is vindication in the Federal Reserve's aggressive approach to contain inflation. "And adjustments going forward - meaning lower and limited policy increments ...

Federal Reserve raises rates 0.75%

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
The US Federal Reserve has raised its policy interest rate by 75 basis points, flagging ongoing increases will be necessary to bring inflation down to target. Following the central bank's decision, the federal funds rate benchmark sits between 3.75% ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... US recession is about 75%, possibly impacting several macroeconomic indicators. To bring down inflation, the US Federal Reserve must increase interest rates until inflation subsides, or economic growth flattens, Saxena estimated. "Given the Federal Reserve's ...

Northern Trust names global macro fixed income head

CHLOE WALKER  |  WEDNESDAY, 19 OCT 2022
... 30 years of experience to the newly created role, including previous roles within investment management and the Federal Reserve Board System. A long-time advisor and consultant, Bomfim brings deep knowledge of the economy and financial markets, Northern ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
The Federal Reserve has invited public comment on an advance notice of proposed rulemaking to enhance regulators' ability to resolve large bank failures. The Fed said recent merger activity and growth has increased the size of large US banking organisations ...