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Showing 231 - 240 of 3587 results for "Central"

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
The European Central Bank (ECB) dropped interest rates to 3.5%, the second time it's cut by 0.25% this year. The bank lowered rates on the back of inflation data that met its outlook. It anticipates headline inflation to average 2.5% in 2024, 2.2% in ...

RBA lays down the law on interest rates

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
... are confident that inflation is moving sustainably towards the target range." However, while Bullock made it clear the central bank was not aligned with the same thinking as the market, she said the board was watching the effect of the current high interest ...

Aussie economy grows 0.2% in June quarter

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
... in the economy. "The economy has likely reached the bottom of the trough, while interest rates have now clearly peaked. Central banks around the world are cutting rates or are looking to do so," he said. "Remaining vigilant about inflation is an important ...

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... Commonwealth Bank of Australia (CBA) head of Australian economics Gareth Aird says this guidance is "at odds" with the central bank's communication strategy. "The RBA's recent use of forward guidance is surprising given it sits at odds with the RBA's ...

BlackRock launches new bond ETF

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... advisers and investor demand. "Bond yields globally are at decade-highs, and if inflation indicators continue to fall, central banks may proceed to cut official cash rates. We believe investors have a window of opportunity to move out of cash and into ...

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... sustainable path back to the 2% target and the "time has come" to start cutting interest rates. Powell spoke to global central bankers, policymakers, economists, and academics at the Jackson Hole Economic Symposium where gave the opening address. "The ...

RI Toowoomba eyes regional market

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... pipeline. "It's part of our regional growth strategy. We've currently got pockets of representation in southeast and central Queensland. So, there'll be some more opportunities in the industry that we're looking to take up," he said. ...

Zenith increases defensive investment as recession risk looms

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
... business investment are still growing. We still believe the US economy remains on a soft-landing path, which is an outcome of central banks raising interest rates just enough to bring down inflation to their target levels, without causing a major recession ...

Managed funds bounce back after bearish Q1: Calastone

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
... from fixed income, however, net flows have remained relatively muted as perceivably riskier assets stay sidelined until central banks signal a return to looser monetary policies. "Despite record outflows in Q1, trading in equity funds was very active ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... (RBNZ) trimmed its interest rate by 25 basis points to 5.25% after holding a decades-high rate of 5.50% since May 2023. The central bank pointed to inflation converging to its target range as the core reason of the cut. RBNZ aims to contain inflation ...