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Showing 121 - 130 of 2379 results for "Economist"

Banks flag imminent consecutive double rate rises

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
Commonwealth Bank and Westpac economists have predicted the Reserve Bank of Australia (RBA) to bump up official rates to 1.35% when it next meets in July; NAB and ANZ believe there will be another double hike in the next two months. Quickly following ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... index increased by 5.1%, while the wage price index increased by 2.4%," stated a Finder survey. Moody's Analytics economist Harry Murphy Cruise said that inflation will continue to outpace wage growth, but only in the short term. "In the short term ...

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
Economists have had their say about tomorrow's Reserve Bank of Australia (RBA) decision, the vast majority anticipate the central bank to jack up cash rates. A Finder survey has said that 86% of its expert panelists believe the cash rate will change ...

AMP establishes AMP Investments

JAMIE WILLIAMSON  |  TUESDAY, 31 MAY 2022
... institutional and retail client. The AMP Investments team is made up of former AMP Capital multi-asset staff, including chief economist Shane Oliver, and external hires. These include head of portfolio management Stuart Eliot who joined in April from ...

Yellen forebodes stagflation risks

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
In Bonn, Germany, US secretary of the treasury Janet Yellen has called the global economic outlook challenging and uncertain; stagflation effects have depressed output and spending, she added. Yellen said the US understood when Russia invaded Ukraine ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
... slumped 3% and the S&P500 1.6%. However, as market turmoil continues to take hold, T. Price Rowe chief international economist Nikolaj Schmidt has called for calm. "The current inflation surge rests on a few moving pieces but is mostly cyclical and central ...

Low wage growth a deliberate design feature: ACTU

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
An ACTU report has blasted the Coalition government for the consistent entrenchment of low wage growth. The Morrison missing in action on wages report shows that over the entire term of the Morrison government, real wages have fallen by 2.3%. This is ...

RBA weighs controversial pre-election rate rise

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... rate news. As such, the other option the RBA has at its disposal is to keep the cash rate steady at 0.10%. HSBC chief economist Paul Bloxham stated in keeping cash rates steady, the RBA could effectively acknowledge the pick-up in inflation and repeat ...

Pain of commodity price increases to last: World Bank

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
... particularly from Russia and Ukraine. The increases will have lasting knock-on effects, World Bank Prospects Group chief economist John Baffes said. "The sharp rise in input prices, such as energy and fertilizers, could lead to a reduction in food production ...

Barrenjoey poaches several new hires

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
... focus on clients in the resource sector. Watson will be based in Perth. These hires follow the appointment of chief economist Jo Masters who joined in March. Masters joined from EY where she was chief economist for over three years. She also previously ...