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04 May 2023 • By Charbel Kadib • 1 min read

Fed hints at rate peak, weighs in on First Republic takeover

The Federal Reserve’s hiking cycle could be over, with chair Jerome Powell hinting at a halt following the latest rate decision. The Federal Open ...

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‘Aftershocks’ set to follow ‘earthquake’ in US banking system

JP Morgan’s Kerry Craig has shared his outlook for the remainder of the year, including the likelihood of a US recession. More bank collapses are ...

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Magellan outflows continue in April

The fund manager released its monthly funds under management (FUM) update, which showed considerable outflows. Magellan Financial Group has ...

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Short-term bonds in vogue amid extended rate horizon

“Buying the dip” is not appropriate in the current environment, with higher interest rates to remain in place for longer than anticipated as ...

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Lowe says ‘strong consensus’ behind surprise rate hike

The Reserve Bank governor has defended the central bank’s surprise decision to resume its hiking cycle following a wave of criticism from economists ...

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Sustainable inflows tumble in Q1

The bounce back in sustainable investment flows was short-lived, with inflows plummeting in the first quarter of 2023. According to investment ...

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Jefferies accused of ‘malpractice’ by Icahn short sellers

The major investment bank has become embroiled in a short attack against corporate activist and former Trump adviser Carl Icahn’s investment group

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RBA risks ‘plunging economy into recession’

The central bank may have “gone too far”, with its latest “surprise” hike to the cash rate risking an “unnecessary” recession, according to a senior ...

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US regulator eyes deposit insurance reform

A regulatory review has proposed a revamp of the deposit insurance system following a spate of banking failures in the United States.   The Federal ...

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Latest cash rate decision revealed

The Reserve Bank has made its latest monetary policy determination amid continued uncertainty in the domestic and global economy.  The official ...

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