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Showing 1211 - 1220 of 4003 results for "Cut"

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
What's the time Mr Wolf? It's time to go Philip! It's time for RBA governor Philip Lowe to go and cut interest rates. Perhaps impatience may have gotten the better of me for it's only been two weeks since the Australian central bank ...

AUM growth subdued to 2025: Bloomberg

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
New research from Bloomberg suggests fee margins of global asset managers will drop 11% over the next six years. Most of the 1950 global asset managers surveyed in the Asset Management Outlook to 2025 provided conservative AUM growth forecasts over ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
... month earlier) while the likelihood of a rate hike has fallen to 3.3% from 20.3% over the same period. At the same time, rate cut chances have increased to 9.8% from 7.9%. These probabilities fit with latest reports talking about the Fed talking about ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... putting downward pressure on the domestic economy and ultimately, force it to capitulate to shift into a dovish stance or cut interest rates outright. Reuters' piece on the RBNZ decision backed this, saying: "The New Zealand money market unwound ...

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
... And here, we still haven't factored in the UK wherein which Brexit uncertainty has prompted the Bank of England (BOE) to cut its GDP growth outlook to 1.2% this year (previously prior 1.7%) and 1.5% (from 1.7%) in 2020. Contagion here we come? Ag ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... neutral, if not an outright reduction in interest rates. I've already listed them in my piece, " Anatomy of an RBA rate cut " dated 30 January, and with matching pictures. It appears that the RBA continues to hitch its star on the improving labour ...

Platforms steady after Royal Commission

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
Platforms at the big four banks, AMP and IOOF can breathe a sigh of relief after the Royal Commission's final report. Commissioner Kenneth Hayne did not recommend either structural separation or wider approved product lists. And this could slow ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... Leaders' Forum in Brisbane on 10 August 2000, and headed, "A Medium-term Perspective on Monetary Policy" - it would and should cut interest rates and soon. For not only does "the economy wants to grow faster than it currently is," it's slowing ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  THURSDAY, 31 JAN 2019
... before the conclusion of the Fed's 29-30 January FOMC meeting and 71.4% a week ago.) In addition, the likelihood of a rate cut by the end of the year has increased to 12.3% from 6.8% the previous day and 4.4% seven days earlier. This isn't so ...

Chief economist update: Anatomy of an RBA rate cut

BENJAMIN ONG  |  WEDNESDAY, 30 JAN 2019
... in other developed country central banks' stance from hawkish to dovish - led by the Fed - should give the RBA scope to cut... and soon.