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Showing 581 - 590 of 6847 results for "Economy"

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... to our 2% goal," he said. "Price stability is the responsibility of the Federal Reserve. Without price stability, the economy doesn't work for anyone. In particular, without price stability we will not achieve a sustained period of strong labour market ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... inflation has fallen as a result of repairs to global supply chains and an easing of import prices," he said. "The Australian economy is softening dramatically, the pace of inflation has peaked and is moderating quickly, wage growth is not excessive ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... they need to give members the kind of intuitive digital experience consumers now expect everywhere else in the global economy." "The key prize we've achieved for Aware Super members is a single platform that allows us to personalise and control the ...

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... remaining at historical levels. "However, prices are likely to moderate gradually due to greater resilience in the global economy as well as supply-side restrictions. Furthermore, though China's reopening might not have propped up commodity prices ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... policy may be required to bring inflation back to target within a reasonable timeframe, but that this depended on how the economy and inflation evolve." At the August meeting, the RBA said it will have additional data on inflation, the global economy ...

Aware Super invests in renewable data centre platform

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... director Jon Mauck said: "Aware Super recognises the role of digital infrastructure in the ongoing digitisation of the global economy, and we welcome the opportunity to partner with them to invest in Switch, one of the industry's fastest growing ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... for his tenure. "We respect and appreciate the remarkable dedication and contribution he has made to our country and our economy, and the way he has conducted himself in a difficult role at a challenging time," Chalmers said. At the same time, he said ...

Australian inflation downturn on the horizon: AMP

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
... Hemisphere. AMP forecast that inflation will fall to under 4% on an annual basis by year-end. However, the Australian economy still faces several challenges. "There are still signs of not enough excess capacity in the Australian market, this can lead ...

ESR appoints investment, operating chiefs

CHLOE WALKER  |  WEDNESDAY, 12 JUL 2023
... group chief operating officer, respectively. Daitch has worked with ESR since 2018, serving as group head, capital and new economy fund management. He boasts close to three decades of real estate investment experience, having held leadership roles across ...

Ag sector boosts Australia's productivity

KARREN VERGARA  |  TUESDAY, 11 JUL 2023
A new report from the Productivity Commission finds that the agriculture sector is turbocharging the Australian economy well ahead of other industries, thanks to the favourable weather conditions of recent years. The newly released Productivity Commission ...