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Showing 491 - 500 of 2506 results for "Central bank"

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
All good things must come to an end and this 'Lucky Country's' luck appears to have ran out after enjoying 28 years and a bit without an economic recession. Australia has survived economic and financial market upheavals over the past three ...

ASX suffers worst quarter in over a century

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
The ASX suffered the worst quarter in over 100 years, but is putting the past behind it to rebound at the open today. Both the S&P/ASX 200 and the S&P/NZX 50 portfolio completed their worst monthly and quarterly declines this century, sliding 21% and ...

Chief economist update: Great Scott! Mighty Mo to the rescue

BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
... would have described him as 'super', but I've already used that moniker in reference to former European Central Bank (ECB) president Marion Draghi when he did "whatever it took" to save the splintering of the single currency region from splintering ...

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
... tightening restrictions on social interaction and the ever-increasing amount of money released from government and central bank coffers. How wide and far-ranging future lockdown rules become and how much more trillions are spent will depend on the successful ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... their income returns to "normal". Recovery expected in 2021 Following a conference call of G20 finance ministers and central bank governors Georgieva said that while the human cost of COVID-19 is "already immeasurable" if countries work together they ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... 22% from its February 19 record high. Adding to the upbeat sentiment, Federal Reserve chair Jerome Powell said the central bank stood ready to act 'aggressively' to shore up credit in the market on top of the unprecedented policy easing announced ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
... their clients. Despite the demand, cash management accounts have had a tough time over the last two years, as the central bank cut the official cash rate five times since January 2019. Earlier this month, Netwealth and HUB24 cut their cash rates to zero ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
In rough times it can seem beneficial to look back at past experiences and think 'If I got through that, I can get through this', but if you ask the fund managers and traders of the world, the consensus is this time does not compare to 1987 ...

Recovery expected in 2021: IMF

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... according to IMF managing director Kristalina Georgieva. Following a conference call of G20 finance ministers and Central Bank governors Georgieva said that while the human cost of COVID-19 is "already immeasurable" if countries work together they can ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
Think your 30-50% year-to-date loss in your equity portfolio is bad? Just wait until all buyers disappear, consumed by a tiny speck of micro-organism. Remember Murphy's Law? "Anything that can go wrong will go wrong". Monetary and Keynesian stimulus ...