Search ResultsShowing 1 - 10 of 100+ results for "Economics"
Chief economist update: Changing to Lagarde
BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
As expected, the European Central Bank (ECB) kept monetary policy settings unchanged at its 12 December Governing Council meeting. "...the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the ...
Chief economist update: Has the Fed conquered the yield curve?
BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
Mission accomplished! This appears to be the Fed's latest missive at the conclusion of its 10-11 December FOMC meeting - after three 25 bps cuts - in July, September and October - that took the fed funds rate from 2.5% to 1.75%. Fed chair Jerome ...
Chief economist update: Businesses remain unmoved by low rates
BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
The National Australia Bank's (NAB) latest Business Survey report shows business conditions remained unchanged at a reading of +4 in November (from October) but business confidence fell to a reading of zero, negating October's two-point increase ...
Chief economist update: Eurozone negative rates a failure?
BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... other..." - Harry Truman The AFR recently published an opinion piece from Kate Samranvedhya - a Bachelor of Science in Economics graduate from Massachusetts Institute of Technology (MIT) and currently the deputy chief investment officer at Jamieson Coote ...
Sunsuper head of corporate, insto sales departs
KANIKA SOOD  |  MONDAY, 9 DEC 2019
... QSuper , which the latter's chief executive Mike Pennisi told the House of Representatives Standing Committee on Economics, may result in a merger or a "some other arrangement".
Chief economist update: It's Christmas time in the city
BENJAMIN ONG  |  MONDAY, 9 DEC 2019
"Oh the weather outside is frightful..." While a "phase one" deal between the US and China appears to be close (again), it's still prudent not to write-off the possibility of a re-escalation in the tariff wars given Trump's recent targeting ...
AMP cuts ongoing advice agreements
ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
... AMP's remediation costs were likely to hit $1.185 billion, based on a nine year timeframe. At the recent House Economics Committee, Wade said the Royal Commission highlighted the fact that AMP did not have a culture that put clients first. "With ...
Chief economist update: A penny saved, a penny not earned by the economy
BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
"As this prudent economy, which some people call Saving, is in private families the most certain method to increase an estate, so some imagine that, whether a country be barren or fruitful, the same method if generally pursued (which they think practicable) ...
Chief economist update: Australian economy gently turning which way?
BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
Australia's economic growth accelerated to 1.7% in the year to the September quarter from 1.6% in the June quarter, justifying Reserve Bank of Australia (RBA) governor Philip Lowe's oft-repeated claim that, "the Australian economy appears to ...
Chief economist update: The Grinch steals Christmas
BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
The Reserve Bank of Australia (RBA) disappointed no one when it kept the official cash rate unchanged at a record low 0.75% after the conclusion of its December 3 meeting. This is perfectly rational: Monetary policy operates with a lag - it takes about ...
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