Page 12 - Tim Toohey News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A St. Anthony Regional Hospital nurse with more than 47 years of experience will be honored next week by the Iowa Association for Healthcare Quality (IAHQ). Barb Toohey, RN, BSN and MSHSA, will receive the 2021 Quality Professional Award at the IAHQ annual conference. This award is presented to members who have demonstrated the characteristics of commitment, dedication, passion and enthusiasm for the healthcare quality profession. Nominations are made by co-workers, supervisors or other IAHQ members. “Barb has been an invaluable source of knowledge and experience for St. Anthony, as well as...

Aussie 10-year bond rate to hit 2pc Save Share The Australian 10-year bond rate will top 2 per cent by the end of the year, as the resolve of central banks to support their economies will come under more intense pressure, according to the nation’s top market economists. “It’s vital to remember that a 2 per cent 10-year bond yield, or even higher, isn’t that high,” says Justin Fabo, Macquarie’s senior economist.  Fairfax Media Among the 28 economists surveyed by Meanwhile, 18 of the economists forecast the benchmark yield to rise well above the current 1.8 pe...

RBA nails 0.1pc cash rate until 2024 Save Share The Reserve Bank has nailed record low interest rates to the floor until 2024 at the earliest and extended its bond-buying program by another $100 billion despite upgrading its employment and inflation forecasts. The central bank maintained its cash rate target at 0.1 per cent and lowered its unemployment forecast to hit 6 per cent by the end of this year, down from the 6.5 per cent it had forecast less than three months ago. Inflation and GDP forecasts have also been slightly upgraded. Surprising most economists was the RBA’s early call to ex...

COVID-19 spike threat to recovery Share Leading economists are hoping NSW's COVID-19 outbreak can be managed without resorting to Victorian-style lockdowns, fearing such measures would jeopardise what would otherwise be a strong national economic recovery. As long as community transmission in Greater Sydney can be contained with contact tracing, sensible activity limits and the newly mandated mask requirements, there is every reason to believe the economy will claw back all of its lost output some time this year. Masked shoppers at Berala in Sydney’s west yesterday. The suburb’s COVID-19 ...

Aussie dollar wedged between QE and commodities in 2021 Share Market economists expect the Australian dollar to remain wedged between the duelling forces of upward pressure from Australia's commodity exports, and downward pressure from the Reserve Bank's $100 billion quantitative easing program. As the Asia region and chiefly China lead the global economic recovery, demand for Australia's resources exports has continued to support the Australian dollar to a 2020 high of US77.42¢ on December 31 from a low of US55.11¢ on March 19. The impact of ongoing QE on the local currency is likely to be...