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Showing 201 - 210 of 3618 results for "Interest rates"

New Zealand exits recession

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... currently 5.5% while inflation is tracking at 4%. ASB Bank predicts the Reserve Bank of New Zealand (RBNZ) will cut interest rates from early 2025. Its inflation target sits between 1% and 3% over the medium term. "For the RBNZ, today's GDP print ...

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... board said that recent data has reinforced the need to "remain vigilant" to upside risks to inflation. "The path of interest rates that will best ensure that inflation returns to target in a reasonable timeframe remains uncertain and the board is not ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... suspended animation." Commonwealth Bank head of Australian economics Gareth Aird also believes the RBA will keep interest rates unchanged this month. "The June board meeting comes in the wake of the 2024 Federal Budget, which was a little more expansionary ...

US looks towards rate cuts, Australia lags behind

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... economic data came out from the US overnight with US Federal Reserve chair Jerome Powell indicating the US could cut interest rates at least once this year. A lower-than-expected May CPI print was encouraging, but the FOMC still kept its funds rate target ...

BlackRock launches new government bond ETF

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... global interest rate regimes." BlackRock Australasia iShares and index investments specialist Tamara Stats said with interest rates expected to remain high for longer, investors should consider adding more specific parts of the yield curve within their ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
The European Central Bank (ECB) cut interest rates by 0.25% to 3.75% - the first decrease in five years. The rate cut affects three key ECB interest rates based on an inflation outlook, the dynamics of underlying inflation, and the strength of monetary ...

Future Fund, QIC finalise new deal

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
... Eastlink provide reliable long-term returns and help to protect the portfolio from sustained higher inflation and interest rates." Meanwhile, QIC transport origination head Nicola Palmer said: "The Future Fund has a long track record of investing in ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... inflation after it conceded people aged over-65 are spending more, having "made bank" on the back of increased interest rates. Appearing at the Senate Economics Legislation Committee this morning, RBA governor Michele Bullock said the nominal data provided ...

ETFs dominate client portfolios: Study

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... from 71% last year. Over the next two to five years, though, clients are concerned about the effects of higher interest rates (75%), which was the most frequently asked question thrown at their advisers. The effect of inflation on clients' portfolios ...

Higher-for-longer rates dominate adviser conversations

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
"Higher-for-longer interest rates" are dictating many adviser-client conversations, according to BT, as they gear up to close the financial year. An analysis of 8000 queries from financial advisers fielded by the BT technical services team found that ...