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| | | ... responded: The Reserve Bank of Australia (RBA) has cut interest rates by 25 bps earlier this month, taking the official cash rate to a new record low of 0.5% and is expected to cut some more. The Morrison government recently announced a A$17.6B ($11.4B) ... |
| | | | ... assistance for the airline, hotel and cruise industries. In the tweets, Trump took aim at Powell and called for further cash rate cuts. "Our pathetic, slow moving Federal Reserve, headed by Jay Powell, who raised rates too fast and lowered too late ... |
| | | | US stocks are not expensive, despite their stretched valuations. In fact, it's all just a matter of "gravity" or the historically low interest rate environment, according to Magellan's Hamish Douglass. Speaking to a near-full crowd at the firm's ... |
| | | | ... decision to cut interest rates on the same day suggests that a coordinated response is underway. The RBA cut the official cash rate by 25 basis points to a new record low of 0.50% at its 3 March meeting "to support the economy as it responds to the global ... |
| | | | Finder's RBA Cash Rate Survey found 90% of economists believe there will be a rate cut in 2020, with 15% expecting the cut to come tomorrow. Graham Cooke, insights manager at Finder, said 20 economists specifically called out the threat of the coronavirus. ... |
| | | | While the market focus has moved on from the woes of 2019, investors in 2020 and facing similar global risks, according to Mihkel Kase, portfolio manager - fixed income at Schroders. Kase said the concerns investors faced in 2019 - think trade war and ... |
| | | | ... economists and the financial markets factoring in at least one more 25 bps RBA rate cut -- that would take the official cash rate to a fresh record low of 0.50% -- or perhaps two, to 0.25% (which is the RBA's line in the sand). At this point, it's ... |
| | | | Bond managers appear to be taking a more active approach to investing in the current low-volatility environment, according to Bank of China's head of fixed income Mark Todd. Looking into the performance of the major bond funds form the last 12 months ... |
| | | | ... half outlook for some of Australia's listed companies. However, Argo said low interest rates and a possible further cash rate cut will drive equities higher, as investors throw cheap money at markets in their quest for yield. Argo said tourism operators ... |
| | | | ... said it expects the Reserve Bank of Australia to cut rates a further 50bps this year, which would bring the official cash rate down to 0.25%. Redican said TCorp does not expect a significant boost in Australia's fiscal stimulus, suggesting growth will ... |
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