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Showing 101 - 110 of 2496 results for "Central bank"

RBA seeks input on CBDC research project

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
The Reserve Bank of Australia (RBA) is seeking industry feedback on a central bank digital currency (CBDC) research initiative, Project Acacia. The project will explore how different forms of digital money and associated infrastructure could support ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... decisively said that he would not resign if asked to leave by Trump, after the incoming President criticised the central bank chair for raising interest rates. Principal Asset Management chief global strategist Seema Shah said it was unsurprising Powell ...

US election: Global investors fear inflation boom

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
Donald Trump secured a decisive victory in the presidential election, sending US markets soaring overnight as investors anticipate lower taxes. However, concerns remain over trade tariffs and the impacts on inflation. Principal Asset Management chief ...

Magellan warns of staggering sovereign debt

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
... in their own currency such as the US. Thus, in Magellan's view, the most likely outcome is money printing, or central bank financing of budget deficits in more technical terms, resulting in a period of structurally higher inflation." Magellan managed ...

Interest rates to remain on hold for some time

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... economist Paul Bloxham said the decision to leave rates on hold was a surprise to no one, but given the tone from the central bank, there is now a small chance interest rates may not move at all in 2025. "Our central case is that the RBA's first ...

Future Fund delivers strong 11.9% return

ELIZA BAVIN  |  FRIDAY, 1 NOV 2024
Future Fund provided a portfolio update to September 2024, showing a strong result for the past 12 months. Future Fund's return was 11.9% for the 12 months to September 2024. Annual investment returns lifted the value of the sovereign wealth fund by ...

Major global trends impacting advisers

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
High interest rates (70%), economic downturn and inflation risks (both 68.8%), and the impact of central bank policy (61.3%) usurped any concerns about this year's election cycle for Australian financial advisers and investors, according to this year's ...

Australian equities rise, but global markets preferred: Morningstar

ANDREW MCKEAN  |  MONDAY, 21 OCT 2024
Australian equities face headwinds and their performance over the past year has been "subdued" compared to major global indexes, according to Morningstar research. While local opportunities exist at a more granular level - especially for investors open ...

ECB drops interest rates to 3.25%

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
The European Central Bank (ECB) has lowered interest rates for the third time this year by 25 basis points to 3.25%. The decision affects three key areas: the deposit facility, main refinancing operations, and marginal lending facility, which will decrease ...

RBA feels 'not enough has changed'

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
... said that while inflation had been slowly coming back into the target range, it was still a long way off where the central bank would like it. "Members felt that not enough had changed since the previous meeting to alter their assessment that the current ...