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Showing 1531 - 1540 of 6454 results for "Fed"

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

BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
... the conclusion of its 10-11 December FOMC meeting - after three 25 bps cuts - in July, September and October - that took the fed funds rate from 2.5% to 1.75%. Fed chair Jerome Powell was full of optimism. "Our economic outlook remains a favourable one ...

ASIC launches action against AFSL, director

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
ASIC has commenced action in the Federal Court in Western Australia focused on the promotion and management of the Sterling Income Trust. The regulator said the action is against Theta Asset Management, an Australian financial services licensee and ...

Industry fund pushes for simpler super splitting

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
One of the nation's largest super funds has joined forces with Women's Legal Service Victoria (WLSV) to simplify the process of splitting super assets. HESTA said it is working with WLSV to remove barriers preventing women from claiming their fair share ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... rates? The answer is it depends. It depends on the outlook for the global economy and on Trump's war on trade and the Fed. After all, like most open economies, the Eurozone doesn't operate in a vacuum. There's no denying that Samranvedhya's ...

Use 401k to pay student debts: US senator

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
US Senator Rand Paul has introduced a radical new plan to allow people to pay off student loan debt using their retirement savings. The HELPER Act is, according to Paul, designed to help Americans pay off student loan debt more quickly and save more ...

ASIC takes action against former AMP adviser

HARRISON WORLEY  |  THURSDAY, 5 DEC 2019
ASIC commenced civil proceedings against a former authorised representative of AMP accused of operating an unregistered managed investment scheme and using investor funds for themselves. The corporate regulator has taken action against former financial ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... second-guessing his next move, er, tweet. Perhaps it could be Trump's way of proving his genius on his latest call on the Fed to "Lower Rates & Loosen". The escalation of trade tensions is already sending Wall Street on a tailspin, and just like ...

Chief economist update: Bah humbug

BENJAMIN ONG  |  TUESDAY, 3 DEC 2019
... their currencies. This makes it very hard for our manufactures & farmers to fairly export their goods. Lower Rates & Loosen - Fed!" His follow-up tweet further clarified what irked @realDonaldTrump: "Manufacturers are being held back by the strong Dollar ...

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
... has done nothing and it kept policy unchanged at it's October meeting only hours after the US Federal Reserve cut the Fed Funds Rate for a third time in October, following its July and September rate cuts. The same could be said of the Euro. The ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... many, many times before, economics is not an exact science because it is dynamic and doesn't operate in a vacuum. With the Fed on pause - and current expectations are it will remain on hold through to the end of 2020 - there is a strong likelihood ...