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Showing 1 - 10 of 3595 results for "inflation"

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... billionaires are US$3.3 trillion richer than in 2020, with their wealth growing three times faster than the rate of inflation. Despite representing just 21% of the global population, rich countries in the north own 69% of global wealth and are home to ...

Morningstar warns of stretched valuations in Australian equities

ANDREW MCKEAN  |  TUESDAY, 9 APR 2024
... cautioned that the market's enthusiasm might be "too optimistic" regarding the prospect of lower interest rates. "If inflation rears its head again, some of the optimism could come out of share prices for banks and other recent winners, including consumer ...

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

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... associate economist Harry Ottley said. "Fed chair Jerome Powell said policy makers need to 'have greater confidence that inflation is moving sustainably down' toward the 2% target." Powell's comments came after data showed US services industry growth ...

Infrastructure a foundational portfolio asset class: IFM Investors

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... increase their exposure to the US may see a rise in infrastructure opportunities in the coming years as the impact of the Inflation Reduction Act becomes fully apparent. Half of the Act's US$739 billion has been allocated to clean energy and climate ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
... Australia's (RBA's) latest Financial Stability Assessment has said that although risks to global economy have been balanced as inflation has eased, risks to financial stability remain. The Assessment said there is a possibility that these risks may ...

T. Rowe Price launches bond fund

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
... Reserve Bank of Australia and other central banks around the world embarked on a rapid rate hiking cycle to curb high inflation. This new market environment of structurally higher bond yields, higher volatility and greater dispersion between countries ...

Why BlackRock is taking a risk-on view

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... term, that market sentiment is set to improve. In a market update, the asset manager said the potential for falling inflation, nearing interest rate cuts and solid corporate earnings will support "cheery risk sentiment". As such, it has tweaked its tactical ...

Calls for fresh 5% hike to minimum wage

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... Commission Annual Wage Review board awarded a 5.75% increase. The ACTU said workers on awards are about $5200 worse off after inflation has eaten away at their pay rises over the past three years, despite recent positive increases in award wages. The ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... revealed the FOMC expects 75 basis points of cuts this year, with more to come in 2025. "That is despite recent upside inflation surprises as well as upward revisions to both its GDP growth and inflation forecasts. This is a Fed that wants to reduce ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... labour costs lifted by 6.6% year over year in Q4 2023, which is "far too high" to be consistent with the RBA's 2-3% inflation target, he added. The RBA hasn't ruled anything in or out, and its tightening bias has not been removed. The board "can't ...
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