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Showing 1471 - 1480 of 5911 results for "Rates"

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
... stop, at the conclusion of its December 10-11 FOMC meeting, the US Federal Reserve indicated that it would not cut interest rates further - currently at 1.5%-1.75% -- because, according to chair Powell: "Our economic outlook remains a favourable one ...

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
... at its 12 December Governing Council meeting. "...the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively," the ...

Chief economist update: Has the Fed conquered the yield curve?

BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
... strong labor market, and inflation near our symmetric 2% objective." In other words... the Fed is done cutting interest rates. This optimism is consistent with the latest dot plot of FOMC participants' assessment of appropriate monetary policy where ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
... ahead. It was also in late-October when Governor Lowe urged Australian businesses to raise their spending. "At low interest rates, many investments that didn't make sense at higher interest rates should now make sense... low interest rates give us ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... material economic recovery." Samranvedhya is correct in her observation that: "Europe has been the epicentre of negative rates policy since the European Central Bank took rates below zero in 2015. Denmark, Sweden and Switzerland followed the ECB with ...

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... - tepid/no wages growth, anxiety over unemployment, high debt levels, reduced income for pensioners (due to low interest rates), and expectations of lower consumer prices - calls that every penny earned be saved. I sure am saving!

The secret to super outperformance

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
... other investments to another provider if their current fund engaged in activities not consistent with their values." The rates of disclosures have been steadily increasing. While disclosure of full holdings is still rare at 12%, 32% of funds now disclose ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... incorporating two of the RBA's interest rate reduction this year (from 1.5% to 1.25% in June and 1% in July - it cut rates again to 0.75% in October) and the Morrison government's tax cuts implemented in July. Recall that, the RBA's optimistic ...

CBA chief tasked with rebuilding banking

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... competition watchdog into the banking sector, this time, examining "loyalty tax"; where new borrowers are charged lower rates than existing customers. Treasurer Josh Frydenberg said that banks were discriminating against loyal customers. "Customers get ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... This is perfectly rational: Monetary policy operates with a lag - it takes about 12 to 15 months for higher/lower interest rates to flow through into the general economy; the RBA exudes optimism with its statement "the Australian economy appears to have ...