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Showing 501 - 510 of 2498 results for "Central Bank"

Former ANZ Wealth investment chief exits

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
... former head of economic activity and forecasting at the Reserve Bank of Australia, having served 10 years at the central bank. The job cuts were revealed last week when the FSU said ANZ leadership had sent a memo to staff reiterating the bank's commitment ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... the clean functioning of financial markets, stepping in to provide liquidity when needed." The Fed is not the only central bank to start implementing more drastic measures to offset the economic impact of the virus. RBA governor Philip Lowe said the ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... also said it would inject an additional ¥1.5T in two-week lending. ECB chief economist Lane said in a blog post central bank will not tolerate any risks to smooth transmission of its policy and stands ready to do more. BOC cut 50bps to 0.75% following ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... least £30 billion (US$58.4 billion). Although it kept interest rates unchanged at its March meeting, the European Central Bank (ECB) expanded its asset purchases by €120B until end-2020, as well as announcing "more favorable TLTRO terms from June ...

Alternatives to lead the way: J.P. Morgan

ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
J. P. Morgan Asset Management said alternatives should no longer be viewed as some "other" asset class, as the low rate environment gives way for investors to find higher returns. Kerry Craig, J.P. Morgan executive director global market strategist ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... Trump ramped up pressure on Powell to cut interest rates following the RBA's rate cut last week. "Australia's Central Bank cut interest rates and stated it will most likely further ease in order to make up for China's Coronavirus situation ...

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
The International Monetary Fund has called on every government around the world to introduce substantial targeted policies to support the economy through the coronavirus epidemic. In a blog post, Gita Gopinath, economic counsellor and director of the ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
... Korea's missile launches, Brexit and Trump's trade war -- and other challenges in-between -- proved no match for central bank money Throw enough money at the problem and the problem will go away. ZIRP (zero interest rate policy), NIRP (negative ...

Equities not that expensive: Hamish Douglass

ALLY SELBY  |  MONDAY, 9 MAR 2020
US stocks are not expensive, despite their stretched valuations. In fact, it's all just a matter of "gravity" or the historically low interest rate environment, according to Magellan's Hamish Douglass. Speaking to a near-full crowd at the firm's ...

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
... dire prognoses, along with the heightened volatility in the financial markets, have spurred finance ministers and central bank governors of the G7 to assure us, mere mortals, of a concerted response. Several central banks have already cut interest rates ...