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Showing 231 - 240 of 4732 results for "Reserve"

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... and that makes it around a third of what it was at the time of the election." Chalmers' comments come as the US Federal Reserve kept interest rates steady overnight at 4.25-4.5%. It was the first time since August 2024 the FOMC left policy unchanged. ...

CPI nears RBA's target range, but rate cut remains in doubt: Experts

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
... 0.4% from the September quarter. Further, the annual trimmed mean figure fell to 3.2%, which is notably lower than the Reserve Bank of Australia's (RBA) November expectation of 3.4%. From this, Betashares chief economist David Bassanese said there ...

GAM boosts local sales team

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
Following the recent appointment of Eric Finnell as managing director for Australia and New Zealand, GAM Investments has hired a new business development manager to look after wholesale clients. Reporting directly to Finnell, Malcolm Kazal brings with ...

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... and then as head of portfolio management. He earlier worked at Macquarie and Bankers Trust and spent three years at the Reserve Bank of Australia. In addition to Murray's departure, Symons announced the appointment of Jennifer Abraham as executive ...

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... ago, and 1.6 percentage points higher than March 2020." Despite the slight uptick in unemployment - something that the Reserve Bank of Australia (RBA) would want to see - VanEck portfolio manager Cameron McCormack said an RBA rate cut would still be ...

Bitcoin now 7th largest global asset

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
... capitalisation, according to new research from Binance Australia. However, momentum stalled in late December when the US Federal Reserve scaled back its planned 2025 rate cuts from four to two, triggering a sharp correction, wiping out US$500 billion ...

ANZ, Macquarie bring forward rate cut expectations

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... indicator rose 2.3% in the 12 months to November 2024, but trimmed mean inflation came in at 3.2% - still tracking above the Reserve Bank of Australia's (RBA) target range of 2-3%. Similarly optimistic about the figures was Treasurer Jim Chalmers. Speaking ...

Australian economy on the up in 2025: Vanguard

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... elevated interest rates. Additionally, it predicts the core inflation rate will fall to 2.5% during 2025, and that the Reserve Bank of Australia's (RBA) cash rate will be lowered to 3.5% from the current 4.35% level by year end. Pointing to Wednesday's ...

Monetary policy to underscore 2025 allocations

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
... deficit means that the prospects of any meaningful decline in bond yields are looking less than assured, even if the Federal Reserve might (cautiously) take the policy rate lower. Despite that worrisome circumstance, the US political class has no coherent ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
... indicator rose 2.3% in the 12 months to November 2024, but trimmed mean inflation came in at 3.2% - still tracking above the Reserve Bank of Australia's (RBA) target range of 2-3%. Speaking at a press conference after the inflation figures were released ...