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Showing 861 - 870 of 3619 results for "Interest Rates"

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
... seen by ADIs in 2009. Institutions were actively and deliberately engaging in dual pricing; advertising the higher interest rates available on two or four deposit terms while maintaining significantly lower rate for all other terms. Which deposit terms ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... following the RBNZ's rate cut announcement in May on mounting speculations the US Federal Reserve would cut interest rates this year.

Chief economist update: ECB to leave no policy tool unturned

BENJAMIN ONG  |  WEDNESDAY, 26 JUN 2019
... additional stimulus, saying: "This applies to all instruments of our monetary policy stance. Further cuts in policy interest rates and mitigating measures to contain any side effects remain part of our tools." Draghi's statement was later echoed ...

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
... meeting just like the Fed and the Bank of Japan, it offered an opposing forward guidance to the future path of UK interest rates. The British central bank admitted in its June statement that: "Trade concerns have contributed to volatility in global equity ...

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... in the fed funds rate from 2.25%-2.5% to 2%-2.25%. The CME FedWatch Tool puts the probability the Fed will keep interest rates unchanged at current levels after its June meeting at 77.5%. This intuitively makes sense. The US central bank couldn't ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... disposable income to 2.3% in the March 2019 quarter from 2.1% in the previous three-month period and, despite low interest rates, personal credit continues to decline - down by 2.79% in the year to April from down 2.77% in the previous month (the 43rd ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... billion, larger than the size of South Africa's economy." But more than that, expectations that the Fed would cut interest rates by at least once this year have been mounting because the global slowdown is beginning to hit closer to home, with the ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... year to the December 2018 quarter. This gave credence to the Reserve Bank of Australia's (RBA) decision to cut interest rates to a record low of 1.25% just a day before the Australian National Accounts were released. While the RBA's rate reduction ...

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
... said. "At the same time... the board considered what was best for the overall economy. Our judgement is that lower interest rates will help the economy as a whole. "In time, we would expect the lower exchange rate and the boost to disposable income to ...

J.P. Morgan cuts management fees

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
... anchored in cash, leaving them stuck with low returns, while the likelihood the Reserve Bank of Australia cutting interest rates this year may further exacerbate the challenge for income-hungry investors. "We want to lower the barrier for investors to ...