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Showing 401 - 410 of 3587 results for "Central"

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
... inflation rate has dropped to 6% from its peak of 9.1% in June 2022. However, following last week's banking sector turmoil, central bankers are now faced with the dual challenge of curbing inflation while ensuring overall financial stability. JP Morgan ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... rents are increasing at the fastest rate in some years, with vacancy rates sitting low in many parts of the country. "The central forecast is for inflation to decline this year and next, to be around 3% in mid-2025. Medium-term inflation expectations ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... banks have unrestricted access to the SNB's existing facilities, through which they can obtain liquidity from the central bank in accordance with the guidelines on monetary policy instruments UBS chief executive Ralph Hamers said the acquisition ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... up 1.1% on the back of that news," he said. The liquidity backstop provided by the SNB was complemented by the European Central Bank. "It did lift interest rates by 50 basis points with the deposit rate of 3%. But we did notice that the forward guidance ...

Link Group agrees to sell BCM arm

CHLOE WALKER  |  FRIDAY, 17 MAR 2023
... The transaction is expected to complete in the second half of the year, subject to the Financial Conduct Authority, the Central Bank of Ireland, and the Dutch Authority for the Financial Markets approval. Link Group said its liquidity position remains ...

Aware Super to boost investment capabilities with new platform

ANDREW MCKEAN  |  THURSDAY, 16 MAR 2023
Aware Super is enhancing its investment capability by creating an in-house investment platform through an internal initiative called 'Project Odin'. The aim of the platform and Project Odin is for Aware Super to strengthen its internal management foundations ...

Aware Super provides details on growth strategy

ANDREW MCKEAN  |  MONDAY, 13 MAR 2023
The superannuation giant has confirmed it will restructure its team into two distinct groups in support of its broader plans for global expansion. Following on from the appointment of Damien Webb as head of international, Aware Super has said it plans ...

QIC files plans for $750m sustainable development

ANDREW MCKEAN  |  MONDAY, 13 MAR 2023
... surrounding streets, creating new development opportunities, and improving nearby pedestrian corridors. Moreover, as a central address, it will serve as a connector to future developments, including Queen's Wharf Brisbane, while complimenting the Albert ...

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
... process of getting inflation back down to 2% is a long way to go." He said restoring price stability will likely require the central bank to maintain a restrictive stance of monetary policy. "Our overarching focus is using our tools to bring inflation ...

AustralianSuper invests in build-to-rent-to-own affordable housing

ANDREW MCKEAN  |  TUESDAY, 7 MAR 2023
... the acquisition of three new Assemble Future sites in Victoria, providing over 1000 additional Assemble Futures Homes in central Melbourne, taking the total portfolio to 1500. The new developments are at 370 Victoria Street, Brunswick, 519-547 Sydney ...