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Showing 1431 - 1440 of 5396 results for "Federal"

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... that's forward guiding monetary policy towards higher interest rates (albeit "gradual and limited") at a time when the US Federal Reserve has already cut rates twice (and is expected to do cut some more); the European Central Bank (ECB) has taken ...

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
If it walks like a duck and quacks like a duck, is it a duck? It is not, according to the US Federal Reserve. On October 11, the Fed issued a press release explaining its plan to buy Treasury bills at "an initial pace of approximately $60 billion per ...

Volcker Rule tweak gets green light

KANIKA SOOD  |  THURSDAY, 10 OCT 2019
... January 1 next year and have a compliance date of 1 January 2021. The five agencies whose approval was needed include: Federal Reserve Board, the Commodity Futures Trading Commission, the Federal Deposit Insurance Corporation, the Office of the Comptroller ...

Chief economist update: US recession on the cards

BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
... it would cut by another 25 basis points at its October FOMC meeting (with 77% probability). This is consistent with the Federal Reserve Bank of New York's calculus of the probability of a US recession one year from now, which has surged to 37.9% ...

IOOF expands advice team

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2019
... its new chief executive in June of this year. IOOF won a court action brought on by APRA in September this year with the Federal Court clearing the wealth company, and its former chief executive, of any wrongdoing in relation to superannuation member ...

Former IOOF company loses court battle in timber scheme

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... a Sargon spokesperson said. IOOF has been contacted for comment on its intention to reappeal. Earlier this month, the Federal Court of Australia ruled that IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against ...

Chief economist update: Morrison, Frydenberg cannot have their surplus and eat it too

BENJAMIN ONG  |  THURSDAY, 26 SEP 2019
... warns banks not to get 'sheepish" (September 25) and "Don't force banks to curb loans" - uttered by Australian Federal Treasurer Josh Frydenberg (September 26). In a sentence, Australian Prime Minister Scott Morrison and his Treasurer Josh Frydenberg ...

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
... 's been calling for the Australian government to ditch its obsession with a budget surplus months ago. Likewise, the US Federal Reserve, the European Central Bank, the Bank of England, and our very own Reserve Bank of Australia, among others, have ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... long as it is necessary for maintaining that target in a stable manner". This, in spite of recent developments: The US Federal Reserve has just cut interest rates a second time just at its 17-18 September FOMC meeting just hours before and the European ...

Federal Court delivers APRA, IOOF verdict

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2019
The Federal Court of Australia has found IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated entities by the prudential regulator. The Federal Court has held that IOOF's Investment Management ...