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Showing 141 - 150 of 297 results for "Rate cuts"

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... had been consistently negative since 31 July (-2 bps) - when the Fed disappointed with its non-commitment to further rate cuts - and deeper (-14 bps) - the day Trump tweeted the application of a 10% tariff on US$300 billion worth of US imports from China ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... on August 6 that: "Interest rate moves by central banks across a group of 37 developing economies showed a net eight rate cuts last month [July] - the largest number since March 2015. Some unexpected entrants such as South Korea and Serbia joined the ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... interest to lend to the government. Can't blame 'em. Disappointment over the Fed's non-commitment over further rate cuts - after it cut the fed funds rate by 25 bps to 2.25% at its July FOMC meeting - compounded by Trump's escalation ...

Chief economist update: RBA heading to zero

BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
... August board meeting. As expected, the RBA kept interest rates on hold at 1% following its back-to-back 25 bps interest rate cuts in June and July. The re-escalation of the trade war between Beijing and Washington gave meat to its statement that "the ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
... focused on the markets' disappointment over Fed chair Jerome Powell's forward guidance that further interest rate cuts will depend on "incoming data and the evolving risk picture". That "risk picture" has almost immediately evolved into something ...

HUB24 launches white label SMA

KARREN VERGARA  |  TUESDAY, 16 JUL 2019
... recently slammed a media report that claimed its cash account holders will be worse off following the recent interest rate cuts.

Government reduces deeming rates

KARREN VERGARA  |  MONDAY, 15 JUL 2019
... listed shares and securities, and some income streams. In June, the Reserve Bank of Australia made the first round of rate cuts from 1.5% to 1.25%. It immediately followed with another cut in July, slashing the official cash rate to 1%. The Council on ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... falling by 6.7% to 91.6 (although a tad higher than its long-term average of 91.3). The RBA's back-to-back interest rate cuts (and expectations for at least one more and up to zero) could have backfired. Consumers are more worried that the RBA deemed ...

Chief economist update: The turn in Australia's cycle from vicious to virtuous

BENJAMIN ONG  |  FRIDAY, 5 JUL 2019
... forward-looking. It has discounted all these negatives and is looking forward to the positives resulting from the RBA's rate cuts and more recently, the passage of the Morrison Government's tax rebates. Especially the Morrison government's ...

HUB24 defends cash accounts

KARREN VERGARA  |  THURSDAY, 4 JUL 2019
... HUB24 has slammed a media report that claims its cash account holders will be worse off following the recent interest rate cuts. HUB24 called for a trading halt in light of an article written in the Australian Financial Review published on July 3, claiming ...