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|Search Results||Showing 1 - 10 of 11 results for "July FOMC"|
|... Jerome's task is not made any easier by the current internal division of views at the Fed, as the minutes of the 30-31 July FOMC reveal -- when it decided to cut the fed funds rate by 25 bps to 2.0%-2.25%. "A couple of participants indicated that ...|
|... over the Fed's non-commitment over further rate cuts - after it cut the fed funds rate by 25 bps to 2.25% at its July FOMC meeting - compounded by Trump's escalation trade tensions with Beijing and the depreciation of the Chinese yuan, raised ...|
|... markets exactly what they were expecting - a 25 basis point reduction in the Fed funds rate at the conclusion of its July FOMC meeting - but instead of revving up the risk on trade, it was risk off. Equity markets fell. The S&P 500 index fell by 1.1% ...|
|... intervention were offset by changed market expectations that the Fed would cut the Fed funds rate by only 25 bps at its July FOMC meeting rather than 50 bps (prompted by the sharply stronger than expected US non-farm payrolls report for June) sent the ...|
|... also eased growing expectations the Fed would cut interest rates by 50 bps from the current 2.25%-2.5% as early as its July FOMC meeting to just a 25bps reduction. The Reserve Bank of Australia (RBA) would have clicked "like" though. This is because ...|
|... puts the probability that the US central bank will cut interest rates by 25 bps to 2%-2.25% at the conclusion of its July FOMC meeting at 95.1%. This is backed-up by the Fed's semi-annual Monetary Policy Report noting: "Since the beginning of May ...|
|In its 26 July FOMC statement, the Fed noted: "Inflation on a 12-month basis is expected to remain somewhat below 2% in the near term but to stabilise around the Committee's 2% objective over the medium term. Near-term risks to the economic outlook ...|
|... struggling with low inflation which it basically admitted to in its policy statement following the conclusion of its 26 July FOMC meeting: "On a 12-month basis, overall inflation and the measure excluding food and energy prices have declined and are ...|
|... this year" (Lockhart) and "it's possible" that this could be next month (Dudley) - and while you're at it forget the July FOMC minutes as well. They're old news! What's of greater remit is Janet's current thoughts on the current state of play - the indications ...|
|... kept the ECB company on the bench. However, unlike the ECB's bias towards joining the race to the bottom, the 26-27 July FOMC meeting suggests that the Fed, instead, would soon be resuming its run ... the other way because the labour market has "strengthened" ...|
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Equity Trustees has handed over the management of Newgate Real Estate and Infrastructure Fund to a new manager, as Newgate Capital announces its intention to retire from the fund.
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Zurich Australia and OnePath Life announced donations to 20 charities with COVID-19 response funding.
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Liberal MP Tim Wilson has asked to recall ME Bank to the House of Representatives Standing Committee on Economics after correspondence with ASIC for a hearing later this week.
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Mercy Super has appointed a financial services veteran as an independent director, bringing with him more than 40 years' experience in funds management to the board.
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