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Showing 121 - 130 of 198 results for "Powell"

Chief economist update: Policy of patience

BENJAMIN ONG | THURSDAY, 2 MAY 2019

... - headline and core PCE price index below target at 1.5% and 1.6% in the year to March, respectively. In his Q&A, chair Powell stressed the decision to trim the interest rate on excess reserves (IOER) to 2.35% from 2.4% was just a "technical adjustment" ...

Pension fund acquires telco

ELIZABETH MCARTHUR | FRIDAY, 26 APR 2019

... operations that rely on connectivity for business. Head of private markets for the Universities Superannuation Scheme Mike Powell said: "We believe that KCOM is a high-quality business that is well-placed to grow and thrive under private ownership and ...

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG | TUESDAY, 9 APR 2019

... argue against Trump and Kudlow's prescriptions. The rising divergence between inflation and employment is what keeps Powell up at night, not the president and his economic adviser.

Chief economist update: Prepare for lift-off

BENJAMIN ONG | MONDAY, 11 MAR 2019

... back at what I foresee as the re-starting of the engines of global growth, we'll all know that this started with the Powell pause. Yes Virginia, I've turned into Dr. Doom's (Nouriel Roubini's) mini-me since the second half of 2018. How ...

New life insurer is RC good news story

HARRISON WORLEY | THURSDAY, 7 MAR 2019

... the Royal Commission. Speaking at the Sydney leg of a nationwide adviser roadshow, Integrity Life managing director Chris Powell said the firm was well positioned to take advantage of the scrutiny placed on existing life insurers, by building a new entrant ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG | WEDNESDAY, 27 FEB 2019

... economic conditions and the outlook evolve." Talk about Donald Rumsfeld's "known knowns". For those who missed it, Powell will do a re-run tonight when he stands before the Committee on Financial Services in the House of Representatives. Also inferred ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG | THURSDAY, 10 JAN 2019

I hear ya! US Fed Chairman Jerome Powell had already come out declaring something along these lines at his first outing for 2018. Still, it's more comforting to have all the members of the Federal Open Market Committee (FOMC) put their imprimatur in ...

Chief economist update: Another year over, a new one begins

BENJAMIN ONG | MONDAY, 7 JAN 2019

... neighbours languish. Sooner or later, it'll come back to bite Uncle Sam on his behind. None other than Fed chairman Jerome Powell understands this. In a joint interview with his predecessors - Ben Bernanke and Janet Yellen - at the American Economic ...

Chief economist update: Fed fail

BENJAMIN ONG | THURSDAY, 20 DEC 2018

... me I can't imagine how the Fed could be optimistic in the midst of all the evidence. It looks as if Fed chair Jerome Powell and his merry men are doing a similar thing to Ben Bernanke and his brothers in 2008. A year before the GFC, then Fed chair ...

Chief economist update: The clown in the White House

BENJAMIN ONG | TUESDAY, 18 DEC 2018

... about the Fed's optimism over the outlook for US economy and doubts over its independence from Trump should Chairman Powell and his merry people announce a halt in proceedings. But Trump couldn't argue against (oh but he will) the fact that his ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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