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Showing 121 - 130 of 815 results for "Central banks"

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... recovery and further damage living standards, particularly for the vulnerable." As such Georgieva recommended that most central banks continue to tighten monetary policy decisively, especially where inflation expectations had started to de-anchor. "Acting ...

Growth scare likely during second half of 2022: Report

CASSANDRA BALDINI  |  FRIDAY, 8 JUL 2022
Global activity is already slowing, as central banks continue to indicate that a further deceleration is needed to lower inflation, report said. According to UBS Asset Management's Panorama mid-year outlook, titled Inflation: Rising to the Challenge ...

Inflation a greater danger than recession: Powell

ANDREW MCKEAN  |  THURSDAY, 30 JUN 2022
... Central Bank has markedly revised down its forecasts for growth in the next two years. At the UBS panel discussion of central banks and inflation, Reserve Bank of Australia (RBA) governor Phillip Lowe commented: "I'm not expecting a recession but we're ...

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
... environment. "Inflation's certainly here to stay in the near term," QIC chief economist Matthew Peter said. "The central banks aren't going to get a lot of signal from prices for inflation to alter their path. So we're going to see sustained ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... continued: "Real household incomes are under pressure in many economies and financial conditions are tightening, as central banks withdraw monetary policy support in response to broad-based inflation. There are also ongoing uncertainties related to Covid ...

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
... may stick to a standard 0.25 percentage point hike, but there's every chance it will be more hard-hitting. "Central banks across the world are struggling to get on top of inflation, and the Reserve Bank of Australia does not want to be one of them. ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
... changes in monetary policy work with lags that will show up over coming months and quarters. "The difficulty is central banks must respond to the here and now, and Australia's annual headline CPI of 5.1% cannot be dismissed easily," he said. "The monetary ...

US Fed indicates several more half-percentage rate rises

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... longer run." Also, in an unusual step, Federal Reserve chair Jerome Powell directly also addressed the US on the central banks plan to tame inflation in a post-meeting news conference. GSFM investment strategist Stephen Miller said Powell's comments ...

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... Kent explained that the decision to now cease the purchases under the program came down to three criteria. Most central banks had already concluded pandemic purchase programs, the Australian bond market had budding pressure points and the RBA had made ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
... Schmidt has called for calm. "The current inflation surge rests on a few moving pieces but is mostly cyclical and central banks have the ability and willingness to address the problem at hand," Schmidt said. "Contrary to some reports, we are not on the ...