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Showing 61 - 70 of 260 results for "Tax cuts"

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
... markets, most of which are largely oil-dependent. Lower oil prices are, net-net, positive for growth. They are de facto tax cuts or interest rate reductions in that they raise household disposable income that, in turn, lifts consumer spending and by ...

Chief economist update: Another year over, a new one begins

BENJAMIN ONG  |  MONDAY, 7 JAN 2019
... release around 800 billion yuan (US$117 billion) of liquidity, as well as, boosting counter-cyclical policies such as tax cuts, fee reductions and further decreases in the RRR. Seen in this light, Trump has already won the war against China. More so ...

Final call for 2019 Chief Economists Forum

DARREN SNYDER  |  WEDNESDAY, 19 DEC 2018
... the microeconomic level. Developments such as trade, increased infrastructure investment, increased bond issuance and tax cuts will take longer to impact Chinese consumers and the wider economy. The final factor is the consideration of whether emerging ...

Chief economist update: Tariff man takes Wall Street down

BENJAMIN ONG  |  WEDNESDAY, 5 DEC 2018
... to "Make America Great Again", the more the Fed becomes determined to reduce/remove policy accommodation. Trump's tax cuts and infrastructure spend has given extra oomph to the US economy. Ones, that the Fed is trying to hose down by virtue of its ...

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
... from the major economies of China, the Eurozone and Japan clearly show the loss of growth momentum there. Trump's tax cuts and fiscal spending would not provide the oomph it generated this year, unless he doubles up on these. And... we have yet to ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
... provides income - and in this case, offers of higher salaries - more employed Americans would benefit from Trump's tax cuts. Not only that, the US government budget wins too, in that it's spending less on unemployment benefits. Latest data show ...

Chief economist update: Shopaholics drive US growth

BENJAMIN ONG  |  MONDAY, 29 OCT 2018
... accelerated from an annualised rate of 3.8% in the June quarter to 4% in the September quarter. To be sure, Trump's tax cuts are now working its way into the US economy, lifting consumers' disposable income that is generating a virtuous cycle ...

Chief economist update: Fear and loathing on Wall Street

BENJAMIN ONG  |  THURSDAY, 25 OCT 2018
... blame. The Fed wouldn't have to raise interest rates as much and as expected had Trump not goosed the economy with his tax cuts and fiscal spend - the economy was already in its way up without these, thank you very much. Trump's correct in claiming ...

Chief economist update: If you can't beat Trump, copy Trump

BENJAMIN ONG  |  TUESDAY, 23 OCT 2018
... Yet hope has sprung! It appears that the Chinese government has now borrowed a leaf from its adversary in the form of tax cuts. China's Ministry of Finance and the State Administration of Taxation has just published the personal income tax deduction ...

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
... Fed has already achieved its aim at current policy settings. This helps explains Trump's tantrum (especially as his tax cuts and fiscal spending helped engineer the boom in activity), as well as justifying the markets' anxiety over the Fed's ...