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Showing 841 - 850 of 2197 results for "In March"

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... (2.1% in the year to April), it's preferred inflation gauge - the headline PCE price index is way off-target (1.5% in March) and had been below 2% since November 2018. It's a royal rightful challenge for global central banks alright. This is ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... invert. We all know, and backed-up by history, what this means... a looming US recession. The recession fears we had back in March this year is back. The yield curve turned positive after the Fed stressed that the fed funds rate would remain frozen at ...

Bank appoints new chair

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... on our foundational investments and a strategic update to the market will be provided later in the year," Davis said. In March, it announced its chief risk officer Peter Dean was retiring after seven years in the role. Adam McAnalen, the chief executive ...

Boutique hires distribution lead from AMP Capital

KARREN VERGARA  |  FRIDAY, 24 MAY 2019
... Capital's marketing efforts across institutional, financial adviser and private client segments. Saunders left Ophir in March. In May, he joined Pendal Group as head of private bank, broker and family office distribution. He previously worked at ...

Blue Sky adds executive

ELIZABETH MCARTHUR  |  FRIDAY, 17 MAY 2019
... where she was also chief financial officer. She replaces Elizabeth Walker, who departed Blue Sky for personal reasons in March. Walker only spent two months in the role. Prior to working in the aged care industry, Henwood had a long career in the gambling ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... country's labour market later today. Economists expects the unemployment rate to tick up to 5.1% in April from 5% in March and employment to grow by 14,000 after the addition of 25,700. These guesstimates could be on par, better or lower than the ...

Chief economist update: The (trade) war is back on

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
... non-manufacturing sector (services) remains in expansion while manufacturing activity has rebounded into expansion territory in March and April this year after contracting in December, January and February. Not only that, latest updates show other Chinese ...

Chief economist update: Same challenges, differing reactions

BENJAMIN ONG  |  THURSDAY, 9 MAY 2019
... forecast variables" from the "Monetary Policy Statement, May 2019" release shows the RBNZ expects the OCR to drop from 1.8% in March 2019 to 1.4% by March next year. This compares with the bank's February prediction for steady interest rates (at ...

Financial advice drags BTFG results

KARREN VERGARA  |  MONDAY, 6 MAY 2019
... its parent company Westpac announced it will realign its wealth strategy and BTFG will cease as a standalone division in March. BTFG said the group's advice business was loss making and after exiting the financial advice industry, it expects to save ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... foretell of further weakness going forward. Eurozone consumer confidence fell to a reading of -7.9 in April from -7.2 in March as households became more pessimistic about their financial situation and the economic situation - portending continued weakness ...