The RBA kept the official cash rate on hold at 0.75% at its latest meeting. While the RBA’s final meeting for 2019 delivered no surprises in deciding to keep official rates on hold at 0.75%, 2019 was a year where domestic economic growth waned and inflation remained...
Despite much publicity surrounding the cut in Australia’s 2019 economic growth to 1.7% by the International Monetary Fund, the RBA decided to keep the official cash rate on hold at 0.75% at its latest meeting. In the mix of considerations for this rate decision, the...
At its meeting this month, the RBA decided to cut official interest rates by 0.25% to 0.75%, a new historical low. It’s now widely expected that the RBA will cut rates again. Macquarie gauges the RBA will now pause, having halved the cash rate from 1.5% in May and...
The RBA this month decided to keep the official cash rate on hold at 1%. In Australia the mixed signals from economic data weighs more heavily to the downside, however in our view the RBA will wait for the second quarter GDP growth number, which is released after this...
Macquarie Bank October 2018 interest rate report – rates on hold at 1.5% Although the RBA has in now kept the official cash rate on hold at 1.5% for 26 months, the drivers of this monthly decision have varied more recently. Notably Australia’s economic growth data for...
Activist investor Clifton S. Robbins told clients on Friday that he is shuttering his Blue Harbour Group not because investors want their money back or because returns have lagged, but because he...
This week's stock market plunge on coronavirus worries has given hedge fund managers a rare opportunity to brag that they are performing better than traditional stock market funds during a time of...
Eight candidates have applied to head Norway's sovereign wealth fund, the country's central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth...
The chief executive of Pioneer Natural Resources, Scott Sheffield, on Thursday called on energy investors to sell shares or pull funding from companies that have rates of natural gas flaring.
Royal Bank of Canada plans to open a consumer bank in the United States early next year targeting wealthy clients, with the aim of expanding deposits, its chief financial officer told Reuters on...