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| | ... rate environment and there are headwinds to economic growth, and while inflation is abating it still remains above central bank targets," he said. "Our overall outlook suggests that we will continue to see weaker economic growth, continued volatility ... |
| | | ... Tobago, Bosnia and Herzegovina, Botswana, Bulgaria, Lebanon, Malta, Palestine, Ukraine, and Zimbabwe. On June 14 the Central Bank of Nigeria announced operational changes to the FX Market effective immediately. MSCI said it will wait to see the impact ... |
| | | ... of backlash following 12 rate hikes over the last year, but Chalmers confirmed there isn't a rift between the central bank and government, despite calls for it to intervene in RBA decisions. "The point that I was making is that I cherish the independence ... |
| | | ... experts fear that Australia is teetering on the edge of a recession and that the latest decision by the nation's central bank will push it over the edge. Diana Mousina, deputy chief economist at AMP, said signs that the economy is weakening are everywhere. ... |
| | | ... recorded in March," she said. Although RBA governor Phillip Lowe told the Senate economics committee yesterday that the central bank is confident inflation will come back to around 3% by mid-2025, he attributed the predicted drop to cash rate increases ... |
| | | ... Philip Lowe says so far, the strategy is working. Lowe told the Senate economics committee this morning that the central bank is confident inflation will come back to around 3% by mid-2025. "By June next year, we're expecting inflation to be back to ... |
| | | Jeremy Lawson has rejoined Australia's central bank after working as abrdn's chief economist for 10 years. Lawson has been appointed deputy head of the international department at the Reserve Bank of Australia (RBA), effective August 1. He began ... |
| | | ... it's unlikely that the budget will include measures that "raise the dial" in the short term. Overnight the European Central Bank also increased its rates by 25 bps to 3.75% in an attempt to halt inflation. In our own backyard, the RBA predicts inflation ... |
| | | In a widely anticipated move, the US Federal Reserve has raised interest rates by 25 basis points, elevating the target range to 5% - 5.25%, marking the highest level in 16 years. The central bank's decision comes as part of its ongoing commitment ... |
| | | The Future Fund has delivered a positive 1.1% return over the 12 months ending March 2023, surpassing the ASX (0.1%) and S&P500 (-7.7%). Future Fund Board of Guardians chair Peter Costello explained that as central banks, including the Federal Reserve ... |
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