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Showing 711 - 720 of 2742 results for "Reserve Bank"

RBA calls for more innovation

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
... service called the Fast Settlement Service (FSS), which settled the payments between ADIs across accounts at the Reserve Bank in real time. The end result? The recipient gets the money in their account as soon as it is transferred. Johnston said FSS ...

Chief economist update: An Indian surprise

BENJAMIN ONG  |  MONDAY, 8 OCT 2018
Just when we thought the times of central bank surprises were things of the past, the Reserve Bank of India (RBI) brought them back. The RBI kept interest rates unchanged - repo rate at 6.5%, reverse repo rate at 6.25% - at the conclusion of its October ...

Chief economist update: Keep one eye open on the housing market

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
... Day on October 1 - or maybe it's been out-headlined by news of the US-Mexico-Canada Agreement (USMCA). But the Reserve Bank of Australia (RBA) met as usual on the first Tuesday of the month (except January), on October 2. It could be both, plus of ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
... 25 bps lift next year and one in 2020 that will take the fed funds rate up to 3.4% by then. On the other hand, the Reserve Bank of New Zealand (RBNZ) kept the official cash rate unchanged at 1.75% -- where it had been since November 2016. Not only that ...

Chief economist update: Confidence down, conditions up

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2018
... July and 0.1% in June - suggesting that businesses are able to pass on higher costs to consumers. Still low by the Reserve Bank of Australia's (RBA) inflation expectations but it's heading there. Ben Ong is the Director of Economics and Investments ...

ASIC hires former super executives

KARREN VERGARA  |  MONDAY, 3 SEP 2018
... planning (alternative and quantitative). Press' prior experience includes working at SBC Asset Management and the Reserve Bank of Australia. Hughes has been group general counsel for Tabcorp since July 2017. Before this, he was the chief risk and ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
... Crisis. Maybe, this time is different. Then again maybe not. The "Economic Letter" published last night by the Federal Reserve Bank of San Francisco (FRBSF) is reason to be concerned: "The ability of the Treasury yield curve to predict future recessions ...

Asset consultant expands capital markets team

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
A former representative of the Reserve Bank of Australia at the G20 Investment and Infrastructure Working Group recently joined an asset consultant with more than $300 billion in funds under advice. Frontier Advisors appointed Philip Naylor to its capital ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
"...the next move in the OCR could be up or down". This was a fair enough hedged bet from the Reserve Bank of New Zealand (RBNZ) - more like the oft-repeated statements from other central banks saying "the risks are evenly balanced" - but Governor Adrian ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
If all goes according to expectations, today's Reserve Bank of Australia (RBA) Board meeting will mark one-month and two years (25 months) that the country's cash rate had been stuck at a record low 1.50%, and the longest stretch of unchanged ...