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Showing 1 - 10 of 12 results for "State Street Global Advisors APAC"

Inflation hits highest level in over a year

ELIZA BAVIN | WEDNESDAY, 27 AUG 2025

... measure rose 3.2% in the 12 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 ...

Inflation continues to drop, calls for RBA cut grow

ELIZA BAVIN | WEDNESDAY, 25 JUN 2025

... measure rose 2.7% in the 12 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 ...

Resilient job market reduces rate cut probability: Experts

MATTHEW WAI | FRIDAY, 20 JUN 2025

... inflation to spike, we would need 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. ...

Inflation figures point to May rate cut

ELIZA BAVIN | WEDNESDAY, 30 APR 2025

... term, unless clearer global 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. ...

RBA flags concerns over 'geopolitical uncertainties'

ELIZA BAVIN | WEDNESDAY, 2 APR 2025

... become increasingly attentive 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. ...

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

MATTHEW WAI | WEDNESDAY, 29 JAN 2025

... reluctant to spend given the 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 ...

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

ELIZA BAVIN | WEDNESDAY, 4 DEC 2024

... contributing to growth. GDP per 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 ...

Interest rates to remain on hold for some time

ELIZA BAVIN | WEDNESDAY, 6 NOV 2024

... ascribe a 25% chance to the 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 ...

Inflation falls within RBA's target range

ELIZA BAVIN | WEDNESDAY, 30 OCT 2024

... the likelihood of them bringing forward a much-anticipated rate cut remains small." Meantime, State Street Global Advisors APAC economist Krishna Bhimavarapu said the fresh CPI read should hopefully help guide the RBA towards a rate cut. "Trimmed mean ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN | WEDNESDAY, 25 SEP 2024

... expectations. The RBA has already downplayed it and all but ruled out any near-term rate cuts," State Street Global Advisors APAC economist Krishna Bhimavarapu said. "The focus from here will remain on the labour market, so unless there is an upside ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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