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Showing 201 - 210 of 2566 results for "Economist"

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
Two of the world's major economies fell into recession at the end of 2023. The UK's gross domestic product (GDP) fell 0.3% in the fourth quarter of last year following a contraction of 0.1% in September quarter, according to the Office for National ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... 2024. The number of meetings has reduced from 11 per year following an overhaul of the RBA. Vanguard Asia Pacific chief economist Qian Wang said the odds of Australia narrowly avoiding a recession in 2024 are high, having benefited from elevated commodity ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
HSBC chief economist Paul Bloxham says that despite widespread market enthusiasm for imminent central bank interest rate cuts, the Reserve Bank of Australia (RBA) is likely to hold off on such cuts for the foreseeable future. Bloxham said that the RBA ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... holiday travel and accommodation (3.9%), and medical and hospital services (1.2%). HSBC Australia and New Zealand chief economist Paul Bloxham said yesterday's data is a sign that the economy is heading in the right direction, with falling inflation ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
Interest rates will continue to be a driving force behind client conversations in 2024 as financial advisers remain agile regardless of whichever direction they will go. The rapid upward trajectory of interest rates - from 0.10% in April 2022 to today's ...

Experts expect the RBA to hold: Finder

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... least 50 basis points over the second half of 2024, as inflation heads towards the target range." Elsewhere, HSBC chief economist Australia, NZ & Global Commodities Paul Bloxham said that the RBA will likely be on hold through 2024, with cuts not arriving ...

SG Hiscock plucks new investment chief from UniSuper

CHLOE WALKER  |  THURSDAY, 11 JAN 2024
... macro research team and is involved in UniSuper's asset allocation process. Prior to joining UniSuper, Colosimo was an economist at Goldman Sachs and ANZ.

Angela Jackson to helm annual Chief Economists Forum

CHLOE WALKER  |  FRIDAY, 15 DEC 2023
Impact Economics and Policy lead economist Angela Jackson is set to lead discussions at the Financial Standard Chief Economists Forum 2024, joined by industry stalwart Don Stammer. Bringing together more than 700 of the industry's leading financial ...

Mild recession in 2024, higher interest rates: Vanguard

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... to 5.7%. "Elevated interest rates will become the new norm for many economies globally," said Vanguard global chief economist and global head of investment strategy group Joe Davis. "There is a powerful paradox to this new higher-rate world - while near-term ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
The Reserve Bank of Australia (RBA) has appointed a chief economist and assistant governor to lead its Economic Group, which comprises the Economic Analysis and Economic Research departments. Sarah Hunter assumes the position, taking over from Luci ...