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Showing 11 - 20 of 194 results for %22nominal US%22

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... that the Fed will achieve the much-vaunted soft landing," he said. In the UK, the tight labour market continues to keep nominal wage growth elevated. "Job vacancies, though declining, have remained historically elevated. Labour supply constraints, including ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... effects on inflation had not been fully captured." Further, the RBA drew attention to the tight labour market. "While nominal wages growth appeared to have stabilised recently, members assessed that the environment would remain conducive to above-average ...

Super fund ASX dominance stable: Research

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
... retail funds held 28%. This equates to about $316 billion for NFP funds and $193 billion for retail funds. "While the nominal value of ASX shares owned though NFP funds increased 108% between 2013 to 2022, the nominal value of ASX shares owned through ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... persist in the near term given high energy, food, and transport costs, lingering supply disruptions, gradually rising nominal wages and pent-up domestic demand," the report said. Headline inflation is expected to have peaked at around 8% in Q4 2022 and ...

Retirees feel the brunt of inflation: Challenger

CHLOE WALKER  |  TUESDAY, 24 JAN 2023
... years, but the impact compounds over time," it said. "With inflation running at 5% a year, half the real value of the nominal income is lost over 14 years." While some might argue that this is offset by the natural reduction in spending that occurs in ...

SMSF growth slows, allocations shift

CHLOE WALKER  |  WEDNESDAY, 9 NOV 2022
... since 2013 when they sat at 33%. Fixed interest, on the other hand, is growing, both in percentage share terms and in nominal terms; allocations are up five-fold since 2013. "While equities, property and other asset classes have stayed steady, pooled ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... interest rates. Increasing wages can help offset any required increases in interest rates, so that households with higher nominal wages will find it easier to pay off higher nominal interest rates." Equally, another advantage of the current low wage ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
... supply coupled with strong demand. In his presentation, Kent explained how the behaviour of exchange rates, both real and nominal, conflated these inflationary pressures. "For many years over the past decade or so, actual wages growth was much weaker ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... inflation can hamper a retiree's lifestyle; with inflation of only 2% a year, one-quarter of the real value of the nominal income is lost after 14 years," the report illustrated. Further, it highlighted that the risk from moderate inflation is stark ...

Singapore to be millionaire capital by 2030: Report

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
... It further added economies that grow faster naturally accumulate wealth at a quicker pace. Projections based on trend nominal GDP growth for all Asian markets, as well as the US showed; aggregate financial wealth in Vietnam and India looks set to rise ...