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Showing 741 - 750 of 4736 results for "Reserve"

Chief economist update: Patience is the word

BENJAMIN ONG  |  THURSDAY, 18 FEB 2021
... even with a brisk pace of improvement in the labor market, achieving this goal would take some time," said the US Federal Reserve in it's most recent minutes. While the US unemployment rate has fallen from the record high 14.8% recorded in April ...

Hostplus enhances ESG option

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
Hostplus is changing its sustainable investment option on the back of growing demand from members who want a more sustainable and principled approach to their investments. The Socially Responsible Investment Balanced option (SRI) now excludes a broader ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... million in September 2020 - while about 520,000 companies have stopped receiving the payments as their trade recovers." Even Reserve Bank of Australia boss Philip Lowe has given his nod to not keeping JobKeeper: "Given the recovery of the economy, I ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
The Reserve Bank of Australia (RBA) painted a pretty picture of the Australian economy in its first board meeting for 2021. RBA governor Philip Lowe's statement at the conclusion of the Australian central bank's February meeting was optimistic ...

Sequoia completes acquisitions

ANNABELLE DICKSON  |  TUESDAY, 2 FEB 2021
Seqouia Financial Group's subsidiary Docs Centre has completed the acquisition of corporate registry firm Panthercorp from Easton Investments and finalised a purchase of assets. The integrated financial services company funded the $1.7 million purchase ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... fundamentals are good. The US economy is advancing and rising from the recession borne of the COVID-19 pandemic. The US Federal Reserve and now the Biden administration's, actions and pledges to underwrite continued strengthening in consumer and ...

Chief economist update: Taper talks are premature

BENJAMIN ONG  |  FRIDAY, 29 JAN 2021
A new year, a new administration but its same old, same old for the US Federal Reserve. As expected and in a unanimous decision, the Fed confirmed: "The Committee decided to keep the target range for the federal funds rate at zero to 0.25% and expects ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
... up to 0.9% in the quarter ended December 2020 from 0.7% in the previous quarter. This is well below the low end of the Reserve Bank of Australia's 2%-3% inflation target band. So are the underlying inflation readings - the trimmed mean measure steadied ...

Chief economist update: Virus now, inflation later

BENJAMIN ONG  |  MONDAY, 25 JAN 2021
... the path forward," Biden said. But there was also something happening with regards to monetary policy. The US Federal Reserve was itself busily trying to "lower the temperature" in the bond markets that saw the yield on 10-year US Treasuries more than ...

Tide turns in ETFs, managed funds inflows

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
... billion in inflows) and so did commodities (US$37.6 billion in inflows). But equities funds were in outflows. "The Federal Reserve bought high-yield and corporate bond funds midyear to support the fixed-income market, and its actions helped both categories ...