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Showing 661 - 670 of 4043 results for "Inflation"

US CPI inflation rate stays stubbornly high

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
... rose less than expected, up 0.1% month on month, and 5.0% year on year, down from 6.0%," Nugent said. However, core inflation met expectations at 0.4% month on month and 5.6% year on year. "For a Federal Reserve (Fed) that is looking for a string of ...

Long pause likely from RBA: Economist

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... chief economist Australia and New Zealand Paul Bloxham. In a recent Financial Standard podcast, Bloxham said despite inflation still being high, the RBA will likely favour a "long pause." "The RBA has stopped lifting interest rates and they're talking ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... 2023 report said there were tentative signs in early 2023 that the world economy could achieve a soft landing - with inflation coming down and growth steady - which have receded amid stubbornly high inflation and recent financial sector turmoil. "Although ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... for budget repair, but now is the right time to begin the heavy lifting. The combination of low unemployment and high inflation makes this a good time to consolidate the budget. Delaying will only make the future challenge harder," the report reads. ...

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
... global economic forecast, particularly considering banking stresses in the US and Switzerland. Persistently high global inflation and below average worldwide economic growth are also a concern. In Australia, the impact of international banking stresses ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... said. More importantly, Lowe warned that "some further tightening of monetary policy may well be needed to ensure that inflation returns to target". Many experts, like AMP deputy chief economist Diana Mousina, see the RBA governor delivering on that ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... representative of investments in these asset classes. Finally, Australian fixed income is set to include an exposure to inflation-linked bonds and floating-rate credit. "The purpose of the amendment is to improve the accuracy of the test, reduce the ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... consumer price data, in determining the central banks next move. While recent growth momentum has shown signs of easing, inflation slowing more rapidly than anticipated, this should be enough for the RBA to pause. But the RBA may still consider a 0.25% ...

REITs merit place in multi-asset portfolios: Insight

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
... concluded that today's challenging investment environment has increased the attractiveness of using real assets to improve inflation resilience and enhance return diversification in institutional portfolios. "REITs can be a part of the toolkit for investors ...

Grattan finds $14bn savings in super tax break overhaul

KARREN VERGARA  |  MONDAY, 3 APR 2023
... Surcharge. Earnings on balances over $2 million should be taxed at 30% and the $2 million threshold should be indexed to inflation. "If the government persists with plans to tax the earnings on super balances in excess of $3 million at 30%, the threshold ...