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Showing 11 - 20 of 3599 results for "Inflation"

Why BlackRock is taking a risk-on view

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... term, that market sentiment is set to improve. In a market update, the asset manager said the potential for falling inflation, nearing interest rate cuts and solid corporate earnings will support "cheery risk sentiment". As such, it has tweaked its tactical ...

Calls for fresh 5% hike to minimum wage

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... Commission Annual Wage Review board awarded a 5.75% increase. The ACTU said workers on awards are about $5200 worse off after inflation has eaten away at their pay rises over the past three years, despite recent positive increases in award wages. The ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... revealed the FOMC expects 75 basis points of cuts this year, with more to come in 2025. "That is despite recent upside inflation surprises as well as upward revisions to both its GDP growth and inflation forecasts. This is a Fed that wants to reduce ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... labour costs lifted by 6.6% year over year in Q4 2023, which is "far too high" to be consistent with the RBA's 2-3% inflation target, he added. The RBA hasn't ruled anything in or out, and its tightening bias has not been removed. The board "can't ...

Markets, economies benefit from eustress: ABDO

KARREN VERGARA  |  WEDNESDAY, 20 MAR 2024
... said. "Don't expect to see the consumer tilt towards eustress in any great hurry. It might take more than stopping inflation to see consumer-led recovery," he said. The rapid increase in interest rates since May 2022 from 0.10% to today's 4.35% has ...

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... on what to expect from the central bank in the coming months. Almost three-quarters of the panel believe the recent inflation numbers are not enough to bring forward the possibility of a cut. Of those that weighed in (28), one in four said the RBA won't ...

Bitcoin hits fresh high as investors await halving event

ELIZA BAVIN  |  WEDNESDAY, 13 MAR 2024
Bitcoin has hit a new all-time high, surpassing US$72,000 ($100,000) for the first time since the digital asset's inception. The latest price boost was underscored by an increased acceptance of Bitcoin by mainstream financial institutions with the UK's ...

Managed account FUM closes in on $200bn milestone

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... giving an annual growth rate of 12.11% in 2023," Milliman practice leader, Australia Victor Huang said. "The subsiding inflation data, receding recession risk, along with the tech sector growth were key drivers for the strong equity performance and provides ...

AustralianSuper to deploy £8 billion in the UK

ANDREW MCKEAN  |  TUESDAY, 5 MAR 2024
... AustralianSuper's investment in the UK is a vote of confidence in the British economy. "We've already halved inflation, debt is forecast to fall, and - with thanks to smart investors like AustralianSuper - we're on course to grow the economy," ...

Copia seals distribution partnership

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... have widespread appeal with investors seeking exposure to a strategy with long-term capital growth that accounts for inflation. "We are pleased to welcome a global infrastructure strategy to the Copia stable as we continue to offer advisers and their ...