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Showing 131 - 140 of 2550 results for "Economist"

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... material impact on both inflation and inflation expectations, likely necessitating a Fed response. Commonwealth Bank chief economist Stephen Halmarick said the bank is anticipating further interest rate cuts from the Fed. "We continue to expect a 25bp ...

Trump tariffs cause for concern among Australian investors

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
... impacted through second order effects. This will likely keep the Australian dollar weak versus the US dollar." Independent economist Saul Eslake said Trump's victory has sent a "very clear message" to the rest of the world. "The American people of today ...

Interest rates to remain on hold for some time

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... demand forecasts, it's reflected the fact that there's been more announcements and more things going on." HSBC chief economist Paul Bloxham said the decision to leave rates on hold was a surprise to no one, but given the tone from the central bank, there ...

US election to add to inflation woes: Experts

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... (local time) ahead of the election, as polls continue to indicate it will be a tight race. Commonwealth Bank senior economist Belinda Allen said financial markets appear to be bracing for a Harris victory. "US bond yields fell sharply and the US dollar ...

Commonwealth Bank finally relents on interest rate call

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
... Gareth Aird was one of the last experts predicting a rate cut before Christmas, but yesterday's data forced the top economist to finally relent. "As a result of [the CPI] data we see the RBA on hold at both the November and December board meetings," ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... see any reason why the RBA's cash rate decision next Tuesday will be anything other than a hold." RSM Australia economist Devika Shivadekar agreed while easing inflation is welcome, it is not enough to move the dial for the RBA. "Although today's ...

CommSec names new chief economist

ELIZA BAVIN  |  MONDAY, 28 OCT 2024
CommSec has named Ryan Felsman as the new chief economist after Craig James announced he would be stepping down after more than 22 years with the firm. Felsman has been with CommSec since 2017 as senior economist. Prior to that he worked at Colonial ...

Australia a top destination for international investment: QIC

ELIZA BAVIN  |  MONDAY, 28 OCT 2024
QIC chief economist Matthew Peter has revealed that Australian ranks 6 th as a top destination for international investment on a global scale. QIC collated and analysed data to reveal the attractiveness of countries around the globe as investment destinations. ...

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... seasonally adjusted terms, following a gain in August of 1.6%. The fall in September was in line with expectations, CBA chief economist Stephen Halmarick said, as the bank predicted a "pay-back" from the strong August result. Six of the 12 spending categories ...

Harris vs Trump: Key economic policy differences

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
MLC senior economist Bob Cunneen has said the US budget deficit is expected to soar over the next 10 years no matter who wins the upcoming US presidential election. Cunneen said the US people will once again "be making profound choices" come November ...