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Showing 1 - 10 of 14 results for "Krishna Bhimavarapu"

Jobs rise in line with expectations, RBA hike still likely

ELIZA BAVIN | THURSDAY, 19 FEB 2026

... months should offer a clearer read on underlying trends," State Street Investment Management APAC economist Krishna Bhimavarapu said. "Focus now shifts to the January CPI release next week, with markets watching whether the firmer-than-expected labour ...

Inflation hits highest level in over a year

ELIZA BAVIN | WEDNESDAY, 27 AUG 2025

... months to July, compared to a 2.5% rise in the 12 months to June. State Street Global Advisors APAC economist Krishna Bhimavarapu says the higher-than-expected reading will cool expectations for the Reserve Bank of Australia (RBA) to deliver another ...

Unemployment data throws 'curveball' at RBA

ELIZA BAVIN | THURSDAY, 17 JUL 2025

... upward inflation surprise in next week's inflation report." State Street Investment Management APAC economist Krishna Bhimavarapu agreed the unemployment numbers will spark a rate cut in August. "Today's employment data threw a major curveball at the ...

Inflation continues to drop, calls for RBA cut grow

ELIZA BAVIN | WEDNESDAY, 25 JUN 2025

... months to May, compared to a 2.8% rise in the 12 months to April. State Street Global Advisors APAC economist Krishna Bhimavarapu said the data will put pressure on the Reserve Bank of Australia (RBA) to deliver another interest rate cut at the next ...

Resilient job market reduces rate cut probability: Experts

MATTHEW WAI | FRIDAY, 20 JUN 2025

... to see a range of measures falling," Chesler added. Meanhwhile, State Street Global Advisors APAC economist Krishna Bhimavarapu said despite a strong rise in full-time employment, other factors continue to be disruptive. "A large contraction in the flood-impacted ...

Inflation figures point to May rate cut

ELIZA BAVIN | WEDNESDAY, 30 APR 2025

... recession signals emerge and shift the focus back to growth risks." State Street Global Advisors APAC economist Krishna Bhimavarapu agreed a May rate cut is expected, but said that's not what economists will be focused on. "Today's CPI data makes a May ...

RBA flags concerns over 'geopolitical uncertainties'

ELIZA BAVIN | WEDNESDAY, 2 APR 2025

... to the evolving risks from recent global policy developments." State Street Global Advisors APAC economist Krishna Bhimavarapu said despite the oncoming US tariffs, Australia is well-positioned to deal with global uncertainty. " Although a slowdown in ...

CPI nears RBA's target range, but rate cut remains in doubt: Experts

MATTHEW WAI | WEDNESDAY, 29 JAN 2025

... cost-of-living squeeze and high interest rates." Additionally, State Street Global Advisors APAC economist Krishna Bhimavarapu asserted a rate cut should occur. "Not only did the RBA's preferred inflation metric (trimmed mean CPI) come in line with ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN | WEDNESDAY, 4 DEC 2024

... capita fell by 0.3%, falling for the seventh straight quarter. State Street Global Advisors APAC economist Krishna Bhimavarapu said the data came in under expectations. "The data confirms our worst fears of muted economic growth. Once again household ...

Interest rates to remain on hold for some time

ELIZA BAVIN | WEDNESDAY, 6 NOV 2024

... possibility that the RBA does not cut its cash rate at all in 2025." State Street Global Advisors APAC economist Krishna Bhimavarapu agreed the central bank indicated a move in the cash rate would be some time off. "There were more references to the ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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