Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 39 results for %22Economy Forecast Agency%22

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
... costs due to an aging population." Nevertheless, Fitch praised the US's large, advanced, well-diversified, and high-income economy, supported by a dynamic business environment. It also observed that the US dollar is the world's preeminent reserve currency ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... stalling, with important consequences for the global outlook. Inflation is a major concern," the IMF said. "The global economy, still reeling from the pandemic and Russia's invasion of Ukraine, is facing an increasingly gloomy and uncertain outlook." ...

War in Ukraine sparks defence spend

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... already sanctioned 488 Russian nationals and 33 entities and institutions. The government's outlook for the international economy, included in budget papers, acknowledged the invasion of Ukraine as having an extremely uncertain impact on the global economy ...

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
... 2021, Powell hinted that QE could be reduced this year, saying: "I was of the view, as were most participants, that if the economy evolved broadly as anticipated, it could be appropriate to start reducing the pace of asset purchases this year." This ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... US National Accounts released the day after backs up the Fed's statement. Preliminary estimates showed that the US economy expanded at annualised rate of 6.4% in the March 2021 quarter following the previous three-month's 4.3% growth. As per ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... rising to 2.0% in 2021 and 2022. The uncertainty of it all is underscored by the Fed's statement that: "The path of the economy will depend significantly on the course of the virus, including progress on vaccinations. The ongoing public health crisis ...

Chief economist update: Getting hot, hot, hot

BENJAMIN ONG  |  MONDAY, 8 MAR 2021
... by the OPEC+ oil producers to extend its oil production cuts by another month to the end of April. Clearly, the global economy is past its worst, which is good news for oil. But as the International Energy Agency (IEA) warned in its February 'Oil ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... Committee's maximum employment and price stability goals." The US central bank continued to warn that the path of the economy will depend greatly on the measures taken to control the spread of COVID-19. "The ongoing public health crisis will continue ...

AAA rating holds on by a thread

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
... COVID-19 shock. "The negative outlook reflects the significant impact the coronavirus pandemic is having on Australia's economy and public finances," Fitch said. "The economy will contract in 2020 and government spending in response to the health and ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... meeting, participants reaffirmed their commitment to using the Federal Reserve's full range of tools to support the U.S. economy during this challenging time..." "Participants also judged that, in order to continue to support the flow of credit to ...
PAGE:
1
PREVIOUS
NEXT