Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 275 results for "Janet"

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... confirm minimal exposures to the Silicon Valley Bank failure. Early this morning, a joint statement from US Treasury secretary Janet Yellen, Fed chair Jerome Powell and Federal Deposit Insurance chair Martin Gruenberg announced all insured depositors ...

SMSF auditors in hot water

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
ASIC has acted against six self-managed superannuation fund (SMSF) auditors for breaches of independence requirements and auditing standards. Between June 29 to September 30, ASIC disqualified three SMSF auditors from being registered, imposed additional ...

Yellen forebodes stagflation risks

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
In Bonn, Germany, US secretary of the treasury Janet Yellen has called the global economic outlook challenging and uncertain; stagflation effects have depressed output and spending, she added. Yellen said the US understood when Russia invaded Ukraine ...

Allspring Global Investments appoints fixed income leaders

CHLOE WALKER  |  THURSDAY, 10 MAR 2022
... with 20 years of investment experience, will lead Allspring's newly formed Global Fixed Income (GFI) team based in London. Janet Rilling, with 26 years of investment experience, will lead Allspring's newly renamed Plus Fixed Income team, based in the ...

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
... banks (led by the Fed) still thinks that the recent surge in inflation is transitory. More recently, US treasury secretary Janet Yellen noted that while she expects inflation to ease in the second half of next year as supply chain bottlenecks and the ...

Hostplus announces board shakeup

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
... the online petition read. From today, the board has appointed David Attenborough and Craig Laundy as employer directors, Janet Whiting as an independent director and Brian Kearney as an alternate employer director. Attenborough is the chief executive ...

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
... levels higher than the Fed's first QE taper in 2013, its rate hike campaign between 2017 and 2019 and when then Fed chair Janet Yellen announced the first interest rate hike since the global financial crisis of 2009 in December 2016. These countermeasures ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... the unemployment rate ticked up to 6.1% in April from 6.0% in the previous month. Fortunately for US Treasury Secretary Janet Yellen, she was quick to walk back her talk at the "Future Economic Summit" suggesting that interest rates may need to rise ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... More people held on to their jobs, more businesses kept their doors open, and more incomes were saved." Treasury Secretary Janet Yellen's testimony was equally optimistic: "We are meeting at a hopeful moment for the economy"; "we're seeing signs ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
"Anything worth doing is worth overdoing. Moderation is for cowards." - Shane Patton Did current US Treasury Secretary Janet Yellen (under Biden's administration) just call former US Secretary Lawrence Summers (under Clinton's) a coward? I refer of ...