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|Yesterday's European Central Bank's (ECB) Governing Council meeting would have been a big ho-hum were it not for some minor, albeit significant, tweaks in the bank's outlook. As expected, the ECB left interest rates unchanged - the benchmark ...|
|... markets continue to feel the heat from Turkey's roasting and so do several European countries. The European Central Bank (ECB) can only count its blessings that Turkey is not Greece. It has applied, but Turkey is not (yet) a member of the single-currency ...|
|Nobody expected action from the European Central Bank's (ECB) July 26 meeting. The Bank did not disappoint. It kept its benchmark repo rate at 0% - so were the rates on its deposit facility (-0.4%) and marginal lending facility (0.25%) - and repeated ...|
|... because of widening interest rate premiums (in the case against the US) and narrowing interest rates differentials - the ECB, BOJ and BOE are expected to normalise interest rates while the RBA continues to sit on current interest rate settings for a ...|
|... Japan's also taking a hit. Bank of Japan (BOJ) Governor Haruhiko Kuroda already expressed his concerns when he joined the ECB Forum on Central Banking held at Sintra, Portugal on 18-20 June: "The indirect impact on the Japanese economy could be quite ...|
|... is now lower - 1.75% - than last it started raising interest rates. It should have learned from the European Central Bank (ECB) which, too, had been in a hurry to normalise (for the same reasons, strengthening economic growth and inflation heading close ...|
|... guess. But the fact is it's already worrying the world's biggest central banks, which expressed their concerns at the ECB Forum on Central Banking held at Sintra, Portugal on 18-20 June. US Fed Chairman Jerome Powell: "Changes in trade policy ...|
|Just like the other major world central banks that met before it this month - the Fed, ECB and BOJ - the Bank of England (BOE) did not disappoint market expectations (unlike in its May meeting where Governor Carney hinted at a rate hike months before ...|
|... changed to reflect "Fed participants" expectations of two (instead of one) more rate hike this year. The European Central Bank (ECB)'s kept policy unchanged at its June meeting, also as expected. However, it announced it's halving its net asset ...|
|... Whitman Well its "nearly" done but let's not quibble about semantics. The revelations made by the European Central Bank (ECB) after its 14 June powwow shows the Governing Council believes that while they have yet to reach their final destination ...|
Charities have called on the government to plan for a gradual transition of its stimulatory payments so as to avoid the loss of more than 200,000 jobs in the sector.
A fund manager will remediate clients in eight funds after a recent review of its management costs identified a unit pricing error.
Equity Trustees has handed over the management of Newgate Real Estate and Infrastructure Fund to a new manager, as Newgate Capital announces its intention to retire from the fund.
Zurich Australia and OnePath Life announced donations to 20 charities with COVID-19 response funding.
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