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Showing 191 - 200 of 1044 results for "Governor"

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
... duck, the US is set to tighten restrictions even more when Biden takes his seat in the Oval Office. Already, New York Governor Cuomo announced the closure of bars, restaurants, gyms at 10pm and limited indoor gatherings to 10 people. Reuters reports ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... announced another rate cut, bringing the cash rate down to 0.10% for the first time in history. Not only that, but RBA governor Philip Lowe announced a ramp up of quantitative easing measures, bringing in a new era of monetary policy in Australia. The ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
... Software will develop a proof-of-concept (POC) for a tokenised form of CBDC for wholesale market participants. RBA assistant governor Michele Bullock said the project aims to explore the implications of a CBDC for efficiency and innovation in wholesale ...

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
... chair Jerome Powell thinks there's still a long way to go before the economy fully recovers from the pandemic. Fed governor Lael Brainard believes the US recovery remains uncertain and uneven. The Feds have a point. Just looking at the numbers alone ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
The Australian recession is over! This was what Reserve Bank of Australia deputy governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded ...

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
... chair Jerome Powell thinks there's still a long way to go before the economy fully recovers from the pandemic. Fed governor Brainard believes the US recovery remains uncertain and uneven. Good news or bad news - which would prompt more monetary and ...

Fiscal policy spurs investor confidence: Citi

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... stimulus and the expectation of further monetary stimulus in both Australia and New Zealand." "During his speech, the RBA governor clearly outlined his willingness to do more with monetary policy and we have seen a significant market reaction in kind." ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... not if the RBA could help it. Speaking at Citi's 12th Annual Australia and New Zealand Investment Conference, RBA Governor Philip Lowe all but confirmed that further easing in monetary policy is in the works. Although he believes that "a recovery ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... the coming months if Australians ensure they keep spending and investing, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Lowe said the nation's recovery will depend on how willing people and businesses are to draw on the accumulated ...

Transition away from LIBOR continues

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... when LIBOR comes to an end. We strongly encourage institutions in Australia to adhere to the Protocol." RBA assistant governor (financial markets) Christopher Kent added: "Timely adherence to the new ISDA Protocol is important for all users of LIBOR ...