#glenn stevens

[youthchronical]

With his last interest rates decision made, will Philip Lowe move to a private bank?

Surely Reserve Bank Governor Philip Lowe won’t move to a private bank after his term as governor ends next week. After having chaired his last board meeting on Tuesday, there’s nothing to stop him, and — as shabby as it seems — he wouldn’t be the first. There are three reasons why he shouldn’t join the board of or become chair of a private bank, all alluded to in the public service code of…

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[gershonposts]

GAIN Capital launching Bitcoin trading at its Forex.com and FCA regulated City Index UK units Global FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has announced the launch of Bitcoin trading on City Index, its FCA regulated service in the UK. Glenn Stevens, Chief Executive Officer of GAIN Capital stated: Cryptocurrencies are one of the most exciting trends shaping today’s marke...

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Glenn Stevens buried a bombshell footnote about the IMF in his last speech as RBA governor

Glenn Stevens buried a bombshell footnote about the IMF in his last speech as RBA governor

There is a bombshell footnote to the valedictory speech delivered in Sydney this week by RBA governor Glenn Stevens, who steps down next month. Here it is (it’s the very last footnote here – my emphasis added): I can recall being asked by an IMF official during the mid 1990s whether, if inflat…

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Statement by Glenn Stevens, Governor: Monetary Policy Decision

Statement by Glenn Stevens, Governor: Monetary Policy Decision

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.50 per cent, effective 3 August 2016. …

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Australian Dollar Recovers After RBA Rate Decision

Australian Dollar Recovers After RBA Rate Decision

The Australian dollar recovered from early lows against the other major currencies in the late Asian session on Tuesday, after Australia’s central bank retained its key interest rate for the second straight month, as expected by the economists. The board of the Reserve Bank of Australia governed by Glenn Stevens maintained the cash rate at 1.75 percent. The bank had cut its rate by 25 basis…

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Statement by Glenn Stevens, Governor: Monetary Policy Decision

Statement by Glenn Stevens, Governor: Monetary Policy Decision

At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. …

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Statement by Glenn Stevens, Governor: Monetary Policy Decision

Statement by Glenn Stevens, Governor: Monetary Policy Decision

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.75 per cent, effective 4 May 2016. This follows information showing inflationary pressures are lower than expected. …

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Statement by Glenn Stevens, Governor: Monetary Policy Decision

Statement by Glenn Stevens, Governor: Monetary Policy Decision

At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. …

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