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Showing 1571 - 1580 of 6454 results for "Fed"

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
... 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 month ...

Volcker Rule tweak gets green light

KANIKA SOOD  |  THURSDAY, 10 OCT 2019
... Exchange Commission. The Volcker Rule is the section 619 of the Dodd-Frank Wall Street Reform Act, 2010 named after former Fed chair Paul Volcker who proposed the restrictions on speculative trading by big banks as a part of Barrack Obama's economic ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
... 0.8%; Nasdaq up 1.1%; and Russell 2000 up 0.5%. Bad, bad news is good news! This is because it heightened speculations of more Fed rate cuts. The CME FedWatch Tool put the probability that the Fed funds rate would fall from the current 1.75%-2% to 1.5%-1.75% ...

Chief economist update: US recession on the cards

BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
"Yesterday, all my troubles seemed so far away Now it looks as though they're here to stay..." - The Beatles Well, two yesterdays ago to be precise. This was on October 1 when the Reserve Bank of Australia (RBA) cut interest rates for a third time ...

IOOF expands advice team

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2019
The wealth manager has welcomed Leanne Gregory-Aylett to its advice team under the newly created position of general manager advice delivery. Gregory-Aylett has over 20-years' experience in the financial services sector having previously held positions ...

ASIC casts doubt over Dollarmites

ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
... reason 46% of Australians open their first bank account with CBA. "We've heard from parents across the country who are fed up with their children being targeted as future customers," Brown added. Responding to Choice's criticism, a spokesperson for ...

Former IOOF company loses court battle in timber scheme

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
Australian Executor Trustees (SA) Limited, formerly owned by IOOF, is expected to pay about $80 million after yesterday's court judgement on its conduct as the trustee to a forestry investment scheme. AET was appointed as the trustee of the S.E.A.S ...

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

BENJAMIN ONG  |  THURSDAY, 26 SEP 2019
Recent headlines underscore what Financial Standard had been ranting about months before. Those rants include The general economic uncertainty wouldn't be sufficient to prod businesses and consumers to invest and spend, even if interest rates were ...

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
"Help, I need somebody... Help me if you can, I'm feeling down... Help me get my feet back on the ground Won't you please, please help me." -- The Beatles Most major world central banks have already cut interest rates (more than once) and/or ...

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

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
"Now, here, you see, it takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that!" - Lewis Carroll's 'Through the Looking-Glass' The "Red Queen" in the novel ...