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Showing 261 - 270 of 2465 results for "Monetary"

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... picking up. Given this, and the very low level of interest rates, it is appropriate to start the process of normalising monetary conditions." The central bank has also increased the interest rate on Exchange Settlement balances from 0% to 0.25%. Lowe ...

Australian economy outperforms: Austrade

CHLOE WALKER  |  WEDNESDAY, 27 APR 2022
... largest economy in 2023, according to data highlighted in Austrade's latest report. The data, sourced by the International Monetary Fund (IMF), also suggests that nominal GDP will be around $2.4 trillion. "Australia is home to just 0.3% of the world's ...

US stocks crumble after Jerome Powell's hawkish comments

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
... the SP500 index fell 2.61% after Federal Reserve chair Jerome Powell flagged aggressive rate hikes. At an International Monetary Fund panel discussion, Powell said: "It is appropriate, in my view, to be moving a little more quickly." He added: "I would ...

Credit market outlook strong: ABDO

CHLOE WALKER  |  WEDNESDAY, 30 MAR 2022
... central banks will ultimately hold the keys to investment success. "This year, central banks will be mindful of the impact monetary tightening and rising interest rates will have on the global economy," he said. "Investors should expect inflation to ...

US, UK hike interest rates

ELIZABETH MCARTHUR  |  FRIDAY, 18 MAR 2022
... Bank of England since December. For the first time, rates in the UK are now at a pre-pandemic level. The Bank of England Monetary Policy Committee said the invasion of Ukraine by Russia has led to further large increases in energy and other commodity ...

Guy Debelle resigns from RBA

ELIZABETH MCARTHUR  |  THURSDAY, 10 MAR 2022
... "I would like to thank Guy for his outstanding service to the RBA over many years. He has made major contributions to monetary policy, to financial market operations and to the management of the bank. Guy has been a great colleague and I wish him all ...

Learn to live with inflation: BlackRock

CHLOE WALKER  |  FRIDAY, 4 MAR 2022
... mostly driven by supply side and that diagnosis is important in that it has implications for, frankly, the relevance of monetary policy in particular." Adding to the discussion, BlackRock Australia's head of fixed income Craig Vardy said locally ...

Chief economist: Is this a buy op?

BENJAMIN ONG  |  FRIDAY, 25 FEB 2022
... confidence and consumption and, by extension, company earnings and investment returns. Expectations for an RBA tightening of monetary policy (if it eventuates) would compound the downward pressure on domestic economic growth. Indeed, along with supply-chain ...

Chief economist: Thank you, Putin

BENJAMIN ONG  |  THURSDAY, 24 FEB 2022
... all stand back and consider the broader scheme of things, it is the actual/expected/planned withdrawal of fiscal and monetary policy stimulus measures that are creating the current correction in equity and bond markets. Central banks and governments ...

Big tech, interest rates dominate reporting season

KARREN VERGARA  |  MONDAY, 21 FEB 2022
... and services, and healthcare products," he said. Global debt reached US$226 trillion at the end of 2020, International Monetary Fund statistics show, growing 256% year on year as a result of the pandemic. The consequences of unprecedented economic stimulus ...