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|After two days of deliberation, the Federal Reserve has decided to retain the status quo.|
|Latest inflation figures released by the Australian Bureau of Statistics underscore both the Reserve Bank of Australia's prescience and governor Philip Lowe's expectation that the official cash rate will remain low until at least 2024.|
|Just a little more and the spot price of iron ore will be line ball with the all-time high set in February 2011.|
|Wall Street rebounded big time on Friday and, following latest indications, the world's economic recovery is assured.|
|It's bad news day on Wall Street overnight with all four its benchmark equity market indices flashing red. The S&P 500, the DJIA and the Nasdaq dropped by 0.9% each, while the Russell 2000 had a smaller decline of 0.3%.|
|In taking the first step towards normalising monetary policy, the Bank of Canada sends a powerful message that its optimism is more than lip service.|
|At the end of the day, US monetary and fiscal policies will remain not only accommodative but stimulative until they are convinced that recovery has become sustainable.|
|At the current price of US$9,415.00, copper's only 5.9% away from its decade peak; not a tall ask given current strong upward momentum and underlying fundamentals.|
|The Trans-Tasman bubble marks a fresh and significant step into normalising life after the COVID-19 pandemic.|
|Employment increased to 13,077,600 - and now has overtaken its previous peak of 13,008,670 before the pandemic and the social restrictions and lockdowns.|
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After four months of due diligence, the two super funds have confirmed they will merge before the end of the year.
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The $179 billion sovereign wealth fund has promoted internally to appoint a deputy chief investment officer for portfolio strategy.
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The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning.
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The Sydney multi-boutique has appointed a Queensland-based distribution director, hiring from GSFM.
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