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Showing 381 - 390 of 3587 results for "Central"

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... in bonds on issue, bringing the broad Australian government total to almost $1.4 trillion. But focusing on Australia's central government bond debt position, even though this amount is projected to climb 19% by June 2027, Australia's central government ...

abrdn chief economist rejoins Reserve Bank

ELIZABETH FRY  |  MONDAY, 8 MAY 2023
Jeremy Lawson has rejoined Australia's central bank after working as abrdn's chief economist for 10 years. Lawson has been appointed deputy head of the international department at the Reserve Bank of Australia (RBA), effective August 1. He began ...

SEC charges duo over church-based fraud

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2023
... prejudgment interest, civil penalties, and officer and director bans. At the same time, the US Attorney's Office for the Central District of Illinois announced criminal charges against Bartlett and two of the companies. Those charges relate to wire fraud ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... it's unlikely that the budget will include measures that "raise the dial" in the short term. Overnight the European Central Bank also increased its rates by 25 bps to 3.75% in an attempt to halt inflation. In our own backyard, the RBA predicts inflation ...

US Federal Reserve hikes interest rates

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... interest rates by 25 basis points, elevating the target range to 5% - 5.25%, marking the highest level in 16 years. The central bank's decision comes as part of its ongoing commitment to slaying high inflation. Federal Reserve chair Jerome Powell ...

Reserve Bank raises cash rate to 3.85%

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2023
... reasonable timeframe, the Board judged that a further increase in interest rates was warranted today," it said. "... the central forecast remains that it takes a couple of years before inflation returns to the top of the target range; inflation is expected ...

Future Fund trumps market averages

ANDREW MCKEAN  |  FRIDAY, 28 APR 2023
... 2023, surpassing the ASX (0.1%) and S&P500 (-7.7%). Future Fund Board of Guardians chair Peter Costello explained that as central banks, including the Federal Reserve and the Reserve Bank of Australia, raised interest rates in a bid to control inflation ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... cash rate control to the new board is a "significant departure" from the usual way of doing business at Australia's central bank but agreed it will strengthen accountability. "It better aligns the RBA's monetary decision-making process with some ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... given to how cash rate decisions are made. Released today, An RBA fit for future comes amid widespread criticism for the central bank's fiscal response and on the back of governor Philip Lowe's 2020 prediction that rates wouldn't rise until ...

RBA reforms require bipartisan support: Chalmers

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... served Australia well for more than six decades. This is all about ensuring we have the world's best and most effective central bank into the future," Chalmers said at the time. The review excludes the RBA's payments, financial infrastructure, banking ...