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Showing 561 - 570 of 3588 results for "Central"

Tight labour market not yet producing wage growth

ELIZABETH MCARTHUR  |  MONDAY, 24 JAN 2022
... "Australia's low wages growth is not a new phenomenon. It has been a key feature of the RBA's research pre-COVID, and a central part of our commentary. The past decade or so has seen wages of 2% become the norm, structurally below the levels ...

Federal Reserve mulls central bank digital currency

JAMIE WILLIAMSON  |  FRIDAY, 21 JAN 2022
The US Federal Reserve Board is examining the pros and cons of a central bank digital currency (CBDC) as it considers whether the creation of one would improve the domestic payments system. Considering the current state of the US domestic payments system ...

Inflation to retreat in 2022: Fund manager

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... drive higher inflation levels. Yet, in line with rising interest rates, Taylor said inflation will eventually fade as central banks across the globe respond to high inflation data. "Central banks are currently trying to balance the need to support economies ...

Macquarie AM reveals outlook for 2022

CHLOE WALKER  |  FRIDAY, 21 JAN 2022
... the year due to the Omicron variant. "Inflation should peak around mid-year, but in our view is likely to remain above central bank targets all year, keeping inflation concerns front and centre for investors and policymakers alike. "It will also be a ...

Citi adds to APAC leadership

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... Global Subsidiaries Group (GSG) for Asia Pacific. Choe will replace Munir Nanji, who has taken a new role as head of the Central Europe Cluster and Citi country officer for Czech Republic. Choe will report to Marc Merlino, global head of GSG based in ...

Water, water everywhere but nothing to drink

BENJAMIN ONG  |  TUESDAY, 18 JAN 2022
... turn, sent many (if not most) global economies into a deep recession. The year 2021 brought a recovery as government and central bank largesse succeeded in keeping incomes and businesses afloat. Gains in most major equity markets around the world attest ...

Pendal appoints new chair

KARREN VERGARA  |  MONDAY, 17 JAN 2022
... ongoing and sustainable growth, delivering a superior client experience and driving long-term value to shareholders is central to everything we do as a board and an organisation," Page commented. Evans said: "With the finalisation of the TSW acquisition ...

Australian billionaires double fortunes during pandemic: Oxfam

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... their wealth means that while many have been pushed to the brink, billionaires have had a terrific pandemic," she said. "Central banks have pumped trillions of dollars into financial markets to save the economy, yet much of that has ended up lining the ...

DIY investors embrace Meta Platforms

CHLOE WALKER  |  FRIDAY, 14 JAN 2022
... most-held stocks, despite fears over rising inflation and higher interest rates. The Bank of England became the first major central bank last month to raise rates from record lows, while the US Federal Reserve has warned investors to expect up to three ...

Inflation to persist in 2022: Aviva

KARREN VERGARA  |  TUESDAY, 11 JAN 2022
... growth and persistent inflation, these will lead to emergency policy settings no longer being needed. He also thinks that central banks will tighten monetary policy slowly but steadily in coming years, but will the pace and timings will vary across different ...