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Showing 1121 - 1130 of 4003 results for "Cut"

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
... meeting - with four expecting one rate hike in 2019 and two predicting two rate increases and no one was imagining a rate cut. Not only that, there are now seven participants projecting two rate reductions and one official calling for a single rate reduction ...

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... alarm bells that something has gone so wrong... very wrong. The CME Group's website shows the Fed would likely deliver a cut in July - with 66.8% certainty (versus 23.2% a month before) - to 2.0-2.25%, and then a follow-up reduction to 1.75%-2% - ...

Pension giant cuts tobacco

KANIKA SOOD  |  TUESDAY, 18 JUN 2019
A pension giant is offloading $73 million worth of investments in tobacco companies as its chief investment officer sees no future benefits for its members in the industry. The UK's National Employment Saving Trust has set a two-year deadline for ridding ...

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
Speculation may be mounting over one or two Fed rate cuts (one, two or three for the RBA) going forward, but there are no such similar expectations for the Bank of Japan (BOJ). With the BOJ's policy rate currently at negative 0.1% and its "yield ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
... According to financial market whispers, expectations the Reserve Bank of Australia (RBA) would follow-up its 25 basis point rate cut to 1.25% handed this month with not one, not two but three more rate reductions - two this year to 0.75% and one by June ...

Wealth firm trims Aussie shares

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
... Nicole Connolly's Infrastructure Investment Partners Fund. It is also in talks with a global infrastructure manager. The 4% cut is the across the total funds under administration. The allocations in its growth product are now: 29% in domestic equities ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
What do we want! More rate cuts! The depreciation in the A$/US$ exchange rate to as low as US$0.6902 immediately after the Australian Bureau of Statistics' (ABS) - from US$0.6949 a day earlier - released its 'Labour Force' report for May ...

Chief economist update: Australian bull market here we come

BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
... domestic bourse's recent impetus has undoubtedly been triggered by the Reserve Bank of Australia's (RBA) decision to cut the official cash rate to a new record low of 1.25% on the June 4... plus, expectations for at least one more rate reduction ...

Former Link general manager joins Mercer

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
... issues faced by industry and public sector funds, as well as his expertise at a policy and regulatory level, will help clients cut through the complexity to best serve members. "The superannuation sector is experiencing a time of significant change ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... about US$455 billion, larger than the size of South Africa's economy." But more than that, expectations that the Fed would cut interest rates by at least once this year have been mounting because the global slowdown is beginning to hit closer to ...