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Showing 901 - 910 of 4737 results for "Reserve"

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
The reserve bank has taken unprecedented action, cutting the interest rate to 0.25% outside of planned meetings, to a new historical low. The "comprehensive package" agreed by the Reserve Bank board also included targeting a yield on 3-year Australian ...

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... strategy, announcing a US$1 trillion plan with $250 billion for direct cheques to the American people. Following the Federal Reserve unleashing quantitative easing measures, Trump called on Congress to approve his stimulus package as quickly as possible. ...

Former ANZ Wealth investment chief exits

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
... investment strategy, Australia at UBS Global Asset Management and is a former head of economic activity and forecasting at the Reserve Bank of Australia, having served 10 years at the central bank. The job cuts were revealed last week when the FSU said ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... markets fair and orderly. ASIC's action comes as the Council of Financial Regulators - which includes APRA and the Reserve Bank - said the regulators and government were working closely together to help ensure the availability of credit to households ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
The RBA has signaled it will begin quantitative easing after the US Federal Reserve implemented QE measures overnight and slashed its interest rate. The Fed's QE measures include a US$700 billion bond buying program, as part of its effort to offset ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... measures planned and already implemented by many central banks of the world. In China the PBOC announced targeted required reserve ratio (RRR) cuts that it said will release 550 billion yuan (US$79B) of liquidity. The BOJ announced it would buy ¥200B ...

REITs resilient in face of virus: Principal

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
... yields, particularly compared to Hong Kong and to some extent, the US." Yoong said the recent official cash rate cut by the Reserve Bank of Australia makes A-REIT yields even more attractive. "A-REITS now yield about 5% - a lot better than the less than ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... school, factory and office closures... generally, a general lockdown. Monetary and fiscal authorities have responded: The Reserve Bank of Australia (RBA) has cut interest rates by 25 bps earlier this month, taking the official cash rate to a new record ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
Trump has taken to Twitter once again, this time, to slam the Federal Reserve and its chair Jerome Powell. The tweets follow a tumultuous start to the week for markets, with the Dow Jones, S&P 500 and Nasdaq suffering their worst day in a decade on ...

ANZ wealth exit sees hundreds of jobs go

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
... instability being felt from coronavirus and the recent bushfires. "The risks to the Australian economy are real. That is why the Reserve Bank reduced interest rates to record lows earlier this week. ANZ is a tier one business; they should be leading ...