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Showing 31 - 40 of 209 results for "Hole"

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... inflation to achieving "achieve inflation that averages 2 percent over time" - announced on the 27th of August 2020 at Jackson Hole and voila, we get the rationale for the "dot plot" that shows the FOMC participants' assessments of appropriate monetary ...

Chief economist update: Virus now, inflation later

BENJAMIN ONG  |  MONDAY, 25 JAN 2021
... down. The Feds' statements certainly make sense, particularly in light of the "new framework" it announced at the Jackson Hole symposium in August last year. The Fed is switching from a point target of 2% inflation to achieving "achieve inflation ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... over US rates going forward and enticing investors to buy the Aussie dollar to avail of the premium. On August 27 at the Hole, the US Federal Reserve chair, Jerome Powell, virtually buried the Philips Curve - the inverse correlation between inflation ...

AIST pokes holes in Your Super, Your Choice

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
The Australian Institute of Superannuation Trustees has criticised the government's Your Super, Your Choice reforms, saying they fail to protect existing members in underperforming funds. Outlining its view of the reforms, AIST pointed out the need ...

Chief economist update: Japan's second wave

BENJAMIN ONG  |  WEDNESDAY, 21 OCT 2020
... non-manufacturers increased to a reading of -12 in the September quarter from -17 in the previous one (also an 11-year low). But with a hole as deep as the 28.1% annualised rate of contraction in GDP in the June quarter - the worst on record -- the fresh ...

Release the Retirement Income Review: Labor

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... think there was any possibility that the pension would increase. "With super cuts and the pensions frozen, there is a gaping hole emerging in the future capacity to support every hard working Australian in their retirement," Jones said He argued that ...

Several black holes in budget

KARREN VERGARA  |  WEDNESDAY, 7 OCT 2020
There were several missed opportunities in the federal government's 2021 budget, according to industry leaders in the superannuation and charitable-giving sectors. The superannuation sector is letting Treasurer Josh Frydenberg's proposals sink ...

Waislitz pokes holes in OneVue bid

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
Alex Waislitz is running a fine-toothed comb over the independent valuation OneVue board cited in endorsing Iress's 43 cents per share bid to acquire the company. His Thorney companies have 18.35% interest in OVH, have already voted against accepting ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... framework - lower interest rates for longer or average inflation targeting - (virtually) announced at the August 27 Jackson Hole Symposium is now live. The Fed kept policy settings unchanged at its 15-16 September FOMC meeting - the first since "the ...

Chief economist update: Fed heads for the mountain

BENJAMIN ONG  |  FRIDAY, 28 AUG 2020
"If the mountain will not come to Muhammad, then Muhammad must go to the mountain." True to its legend, the Jackson Hole symposium - online as it may be this year due to the pandemic - produced another significant shift in US monetary policy. On August ...