“Luxe Listings Sydney”, a new reality TV show from Amazon Prime Video, follows elite Sydney realtors and agents as they negotiate one of the world’s hottest property markets. The series promises viewers access to some of Australia’s most valuable properties, at a moment when everyday homes are reaching unbelievable prices. […]
The Reserve Bank of Australia (RBA) has again signaled the interest rate will remain at 0.10% until 2024, despite Australia’s economic recovery. The recovery has been “far sharper than most of us would have dared imagine a year ago,” RBA assistant governor Luci Ellis said Wednesday. But Australia’s lenders now […]
Investors have priced in a pickup in interest rates and inflation in the short term, but they're not preparing for a sustained rise on either front.
Stock markets, gold and oil dipped after the Fed's outlook showed officials see an interest-rate rise in 2023.
The ECB's main interest rate will stay at -0.5%, while the coronavirus bond-buying package will stay at 1.85 trillion euros ($2.23 trillion).
While he was in office, Trump pressured Fed Chair Powell against raising interest rates - the central bank traditionally operates independently.
Stock valuations were already outpacing the economy in 2019, and the coronavirus pandemic only exacerbated the issue. That poses a risk to the market’s climb in 2021, Seema Shah, chief strategist at Principal Global Investors, said in a blog post. Fundamentals and valuations continue to play second fiddle to the […]
Treasury bonds, or Treasuries, are debt instruments issued by the US government. Treasury bonds can be bought directly from the government’s TreasuryDirect website, or via a brokerage or bank. Treasury bonds are prized by income-seeking investors because they are low-risk and highly liquid; however, they don’t pay the highest interest […]
The historically low interest rates seen before the coronavirus pandemic worsened the current recession by driving a wave of bankruptcies, Eric Rosengren, president of the Federal Reserve Bank of Boston, said Thursday. The central bank’s benchmark rate sat at roughly 1.5% before the Fed dragged it near zero in March. […]
Expansionary monetary policy is a tool central banks use to stimulate a declining economy and GDP. The Federal Reserve has three expansionary monetary policy methods: lowering interest rates, decreasing banks’ reserve requirements, and buying government securities. Expansionary monetary policy’s aim is to make it easier for individuals and companies to […]
The Federal Reserve’s new target of averaged-out 2% inflation should create a favourable environment for stock market participants, Goldman Sachs strategists said Friday. Investors tend to fear rising inflation, but price growth will lift earnings in the near term by driving faster revenue growth, the team said. The central bank’s […]
The Bank of England warned of an “unusually uncertain” outlook for the UK economy, and policymakers said they would explore how negative rates could be implemented effectively. Rates remained unchanged near zero, as officials said they would continue to monitor the situation closely, and would not tighten monetary policy until […]
A majority of Federal Reserve officials see interest rates staying near zero through 2023 as part of a long-term accommodative policy strategy. New economic projections published Wednesday show 16 out of 17 Fed policymakers seeing rates staying at historic lows through 2022. Thirteen officials expect rates to sit near zero […]
Billionaire Investor Bob Prince told Bloomberg that near-zero interest rates have created a “very problematic scenario for any traditional investment strategy.” The Bridgewater Associates co-CIO included three implications low rates have on portfolios: a low discount rate on earnings, a weak currency, and little risk diversification. Visit Business Insider’s homepage […]
Lori Calvasina, RBC Capital Markets head of US equity strategy, told Bloomberg that investors looking to buy cyclicals should load up on industrial stocks and avoid financials. Low interest rates remain a long-term concern for financials, while this is not an issue for industrials, she said. Calvasina added she’s worried […]
Britain’s central bank avoided ‘last resort’ negative interest rates and held its benchmark borrowing rate unchanged at a record low of 0.1% on Thursday. Policymakers said UK economic growth is unlikely to recover to pre-pandemic levels until late 2021, while unemployment could take even longer to decline. The Bank of […]
The Federal Reserve held interest rates near zero on Wednesday after a two-day FOMC meeting. The majority of policymakers expect historically low rates to last through 2022, according to a press release. The central bank also set a floor for its asset purchases, pledging to take in at least $US80 […]
