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Showing 581 - 590 of 4043 results for "Inflation"

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... 22-year high. Overnight, the Fed announced rates would rise to a range of 5.25% to 5.5% to continue its fight against inflation. Fed chair Jerome Powell said the committee remains "squarely focused" on its dual mandate to promote maximum employment and ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... however a further rate hike in August is not off the table. The Australian Bureaus of Statistics (ABS) said headline inflation was lower than the 7% annual rise in March, marking the second consecutive quarter of lower inflation. CPI rose by 0.8% over ...

Recession risk is receding: Natixis IM

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... significant risk of recession in H2 2023, while half rate recession as a low risk. Nevertheless, 38% of respondents said inflation targets won't be met until 2025, and 9% believe they won't be met until at least 2026. When it comes to future ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... "Through this innovative de-risking solution, we are protecting our defined benefit pension members from investment, inflation and longevity risks and locking in future cash flows, providing greater certainty to their retirement income," he said. "It ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
Life and general insurance companies are withstanding the shocks of inflation as investors look to the sector as a shield from wider economic uncertainties. Financial advice firms that specialise in life insurance are experiencing solid demand from ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
... said. Meanwhile, the Australian Bonds option was the worst performer with 0.9% for the year due to the sustained rise in inflation, and the Listed Property option gleaned just 2.4%, which the fund said was a disappointing outcome given it's fully ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... with a consideration to hike another 25 basis points. In the July 4 minutes, released this morning, the RBA explained inflation in Australia is still very high despite a decline in prior months, and more increases might be on the horizon. The RBA said ...

TelstraSuper MySuper delivers 9.34%

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... these assets. "Our current central view is that interest rates have yet to peak, and we will likely continue to see high inflation, even if it does reduce slightly. High inflation, combined with high interest rates, would put pressure on households and ...

Does ESG have a fiduciary issue?

ROSE MARY PETRASS  |  MONDAY, 17 JUL 2023
... ESG risks, as well as more traditional risk categories such as operational, market, liquidity, credit, currency, and inflation. Despite criticism that positions ESG as a barrier to fiduciary duty, panellists argued that embracing ESG principles is in ...

Aware Super invests in renewable data centre platform

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... our first data centre platform will create desirable sector and geographic diversification for our portfolio and offer inflation protection," he said. He added that the centres have experienced no downtime in more than 20 years of operation and reinforced ...