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Showing 391 - 400 of 4332 results for "Bank of"

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... investments Russell Chesler pointed out that trimmed mean inflation remains considerably above the targets set by the Reserve Bank of Australia (RBA), indicating a high probability of the bank implementing a 25-basis points rise in August. "There remains ...

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... constraints, including those imposed by Brexit, have made it more challenging to fill vacancies," Smith said. Consequently, the Bank of England is forecast to lift interest rates faster than the Fed for the remainder of 2023. Developed economies continue ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
The Reserve Bank of Australia (RBA) said the decision to maintain the cash rate at 4.1% was finely balanced with a consideration to hike another 25 basis points. In the July 4 minutes, released this morning, the RBA explained inflation in Australia ...

ASIC to host CHESS replacement roundtable

CHLOE WALKER  |  MONDAY, 17 JUL 2023
... August and chaired by ASIC chair Joe Longo, who will be joined by ASIC commissioner Danielle Press and incoming Reserve Bank of Australia governor Michele Bullock. ASIC's initiative follows longstanding industry concerns over the adequacy of ASX's ...

MA Financial Group expands research team

CHLOE WALKER  |  MONDAY, 17 JUL 2023
... Hissey brings over 20 years' experience as an analyst in the mining sector, with roles at Goldman Sachs and the Royal Bank of Canada (RBC). In his new Melbourne-based role, Hissey will lead MA Moelis Australia's equities expansion into natural resources. ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... Minister Anthony Albanese and Treasurer Jim Chalmers announced this morning Michele Bullock will take over as Reserve Bank of Australia (RBA) governor from Philip Lowe in September. Chalmers said the government is proud to announce the ninth governor ...

Australian inflation downturn on the horizon: AMP

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
... that consumers still have too much excess savings, is leading to excessive consumer spending, suggesting that the Reserve Bank of Australia (RBA) probably needs to hike rates again," Mousina said. Australia's labour market remains tight, with the unemployment ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
Reserve Bank of Australia (RBA) governor Philip Lowe has announced significant changes that will be implemented by the central bank in response to the recent review of its processes. In what is potentially his last speech as governor, Lowe explained ...

European pension fund hands MaxCap $200m

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... target returns. The First Mortgage and High Yield mortgage products target net returns of 5% and 8% above the Reserve Bank of Australia (RBA) cash rate, MaxCap said.

RBA deputy governor joins Westpac

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
Luci Ellis will join Westpac as its new chief economist after almost 15 years with the Reserve Bank of Australia (RBA), succeeding the long-serving Bill Evans. Ellis will join the bank in October while Evans will stay with the group and transition into ...