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Showing 1301 - 1310 of 13339 results for "Economic"

Federal Reserve raises rates 0.75%

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... about the Fed's intention to continue raising interest rates at an alarming pace. "In contrast to your belief that slower economic growth and higher unemployment are 'something that we think we need to have,' some economists question whether crushing ...

Interest rates will jump to slay "the evil of inflation": Lowe

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
At the Reserve Bank of Australia (RBA) board dinner, governor Phillip Lowe expressed that interest rates will need to go higher to bring inflation back to target. After a seventh straight rate rise, whereby the bank lifted the interest rate to 2.85% ...

Central banks to tighten on all sides: BlackRock

CHLOE WALKER  |  TUESDAY, 1 NOV 2022
All eyes are on the Fed as it's set for another fourth straight 75bp hike, and central banks are taking a "whatever it takes" approach to pushing inflation back down to their targets, according to the BlackRock Investment Institute (BII). The European ...

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... national average property prices to fall further over the next nine to 12 months as rate hikes continue to flow through and economic conditions deteriorate through next year. The full impact of variable rate hikes to date has yet to fully felt as it ...

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

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... 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 mandate and the current momentum of inflation, I feel that ...

APRA reinforces capital call expectations

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
... Capital and Tier 2 Capital instruments with call options." The only exceptions would be where APRA is satisfied as to the economic and prudential rationale of the call and that such an action will not create an expectation that other instruments will ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
Reserve Bank of Australia (RBA) commentary sometimes infers that Australia's inflation circumstances are different or less challenging than elsewhere in the developed country complex, but GSFM investment strategist Stephen Miller believes that any "difference" ...

Hostplus hands Bell Asset Management $500m mandate

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... fundamentals are better. "History demonstrates that quality does well in inflationary environments," Bell said. "In an economic slowdown with inflation, you want to own companies where earnings are dictated by the quality of their franchise, not the ...

New APRA chair named

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
... functioning of the economy," Lonsdale said. "The challenges in front of us are significant - a rapidly shifting macro-economic environment, rapid technological development that challenge business models and regulation, cyber threats, insurance affordability ...

Australia among top 10 financially inclusive markets: Research

CASSANDRA BALDINI  |  THURSDAY, 27 OCT 2022
Australia has been ranked the seventh most financially inclusive market out of 42 around the globe. Principal Financial Group's Global Financial Inclusion Index, conducted by the Centre for Economics and Business Research, is built around three pillars ...