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Showing 1551 - 1560 of 5911 results for "Rates"

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
... Austria and the Netherlands against a big stimulus package, Draghi over-delivered. "First, as regards the key ECB interest rates, we decided to lower the interest rate on the deposit facility by 10 basis points to -0.50%." The interest rate on the main ...

Kapstream cuts fees on flagship fund

KANIKA SOOD  |  WEDNESDAY, 11 SEP 2019
... 1. Kapstream managing director James Bloom said the fee cuts were driven by changes in the macro landscape driven by low rates, increased competition and its impending launch of an ETF vehicle for the strategy. "The fee cut is a reflection of the evolving ...

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
... Crisis of 2008 gave birth to "non-conventional monetary policy" - where many developed country central banks lowered interest rates to zero/negative and/or engaged in quantitative easing. While these prevented the "Great Recession" from turning into ...

Chief economist update: Fed has Trump's trade war number

BENJAMIN ONG  |  MONDAY, 9 SEP 2019
... Trump's got his "evil twins"! From Trump's previous tweets, we know that he's demanding the Fed cut interest rates by another 100 basis points and re-start QE. The Fed strikes back. A recent research paper published by the Fed, titled The ...

Time to reset member return expectations?

HARRISON WORLEY  |  FRIDAY, 6 SEP 2019
... superannuation funds," the firm said. "The equity risk premium has grown since the GFC and real asset values have grown as interest rates have fallen. Consequently, we have had ten years of strong returns which have been great for all members. But what ...

BT faces fees for no service class action

ELIZABETH MCARTHUR  |  FRIDAY, 6 SEP 2019
... directly. Slater and Gordon special counsel Nathan Rapoport said Westpac Life was given complete discretion about the interest rates that it would pass on to members, and at times kept almost half of the returns on members' money for itself. "Superannuation ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... of the most significant tax cuts in more than 20 years and the full impact of the RBA's decision to reduce interest rates by 50 basis points". As for the Prime Minister, he doesn't see Australia heading for a recession and that Australia is doing ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... been lower-than-expected in H1 and that looking ahead, growth is expected to strengthen gradually. Notes support from low rates, income tax cuts, infrastructure spending, housing market stabilization and the outlook for resources. Continues to see support ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... is because "...businesses aren't even enticed to borrow and invest at these current historic low levels of interest rates" and that "the classic excuse government spending (i.e. fiscal deficits) would "crowd out" private borrowing and therefore ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... black - backed by assumptions that GDP would grow by 2.75% (1.8% in the year to the March 2019 quarter); the unemployment rates at 5.0% (5.2% in July 2019); CPI inflation at 2.25% (1.6% in the March 2019 quarter); and, wages growth of 2.75% (2.3% in ...