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Showing 1 - 10 of 2355 results for "Central bank"

Billionaire receives death penalty for embezzlement

KARREN VERGARA  |  FRIDAY, 12 APR 2024
... orchestrated the 2011 merger of the beleaguered SCB bank with two other lenders in coordination with Vietnam's central bank," PBS said. The Associated Press reports that 85 other people are being prosecuted in connection with the matter.

Powell confirms rate cuts likely 'at some point' this year

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
It's been all eyes on the US Federal Reserve as investors patiently await interest rate cuts, with the US central bank indicating they should arrive this year. Now US Federal Reserve chair Jerome Powell has confirmed the bank is targeting a rate cut ...

T. Rowe Price launches bond fund

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
T. Rowe Price has launched a new strategy that invests in government bonds targeting wholesale and institutional investors. The Global Government Bond High Quality Fund aims to achieve risk-adjusted returns across global bond markets issued by governments ...

Why BlackRock is taking a risk-on view

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... "cheery risk sentiment". As such, it has tweaked its tactical views and is staying firmly on the pro-risk side. "Central bank activity last week gave markets the thumbs up to stay upbeat. That keeps us pro-risk in our six- to 12-month tactical views ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
The US Federal Open Market Committee (FOMC) chose to keep the benchmark policy rate at 5.25% to 5.50%. Despite holding rates at their current level, the latest dot plot revealed the FOMC expects 75 basis points of cuts this year, with more to come in ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
In its March meeting, the Reserve Bank of Australia (RBA) kept its cash rate unchanged at 4.35%, as predicted by nearly all economists. HSBC chief economist Paul Bloxham stated that the decision was in line with expectations and that there are risks ...

Markets, economies benefit from eustress: ABDO

KARREN VERGARA  |  WEDNESDAY, 20 MAR 2024
... people would agree that the cash rate of 4.35% is high, Paton said. "However, over the last 35 years the average central bank rate has been 4.42%. On a longer-term basis, today's rates are far more normal than those we had prior to May 2022." Paton ...

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... table. In this month's Finder RBA Cash Rate Survey, 41 experts and economists weighed in on what to expect from the central bank in the coming months. Almost three-quarters of the panel believe the recent inflation numbers are not enough to bring forward ...

Fidelity launches global bond fund

CHLOE WALKER  |  WEDNESDAY, 28 FEB 2024
Fidelity International has launched the Fidelity Global Bond Fund, offering investors a broad and diversified exposure to global bond markets. The fund invests mainly in investment-grade global sovereign and corporate bonds but also provides exposure ...

Economists share their top left field ideas for 2024

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2024
... Chris Paton highlighted the resilience of the property market as his Factor-X. "I don't see that changing given where central bank rates are... It's probably not going to appreciate at the kind of pace it did during COVID, but the property market is ...
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