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Showing 141 - 150 of 2502 results for "Central bank"

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... Economics Legislation Committee this morning, RBA governor Michele Bullock said the nominal data provided to the central bank by the banking sector shows the growth rate of spending across all age cohorts has fallen. However, upon questioning, she conceded ...

Interest rate relief unlikely 'this side of Christmas'

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
The higher-than-expected monthly CPI data for April could mean the Reserve Bank of Australia's (RBA) hands are tied when it comes to higher-for-longer interest rates. Annual growth in the non-seasonally adjusted CPI lifted from 3.5% to 3.6% in April ...

ANZ confirms ASIC investigation

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
ANZ has confirmed the Australian Securities and Investments Commission (ASIC) is investigating its execution of a 2023 bond issuance of 10-year Treasury Bonds by the Australian Office of Financial Management (AOFM). ANZ said it was appointed by the ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... 3.8% but still expects inflation will return to the top of the target range by December 2025. In its statement, the central bank said it "remains vigilant of upside risks" and noted that while it previously indicated interest rates had peaked, it said ...

Global X launches new gold ETF

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... investment strategist David Tuckwell said the price of gold has been driven up to record highs recently, largely driven by central bank buying particularly in China as it aims to diversify its reserves away from the US dollar. "China has seen gold buying ...

Future Fund posts 10.1% annual return, surpassing benchmark

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
... US before year end. But as we have been saying for some time, inflation remains sticky and while it remains above central bank targets the risk is that rates will be held higher for longer," he said. "In addition, geopolitical risk is elevated by conflicts ...

Powell backflips on rates pushing back RBA cut expectations

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... higher-for-longer than previously thought. This was a backflip from Powell who earlier this month sounded confident the US central bank was aiming to cut rates "at some point this year". The Reserve Bank of Australia (RBA) is expected to cut rates after ...

Billionaire receives death penalty for embezzlement

KARREN VERGARA  |  FRIDAY, 12 APR 2024
... orchestrated the 2011 merger of the beleaguered SCB bank with two other lenders in coordination with Vietnam's central bank," PBS said. The Associated Press reports that 85 other people are being prosecuted in connection with the matter.

Powell confirms rate cuts likely 'at some point' this year

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
It's been all eyes on the US Federal Reserve as investors patiently await interest rate cuts, with the US central bank indicating they should arrive this year. Now US Federal Reserve chair Jerome Powell has confirmed the bank is targeting a rate cut ...

T. Rowe Price launches bond fund

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
T. Rowe Price has launched a new strategy that invests in government bonds targeting wholesale and institutional investors. The Global Government Bond High Quality Fund aims to achieve risk-adjusted returns across global bond markets issued by governments ...