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Showing 91 - 100 of 663 results for "GDP growth"

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
... fallen to its lowest level since the GFC to 56 in March from 65 in February and 76 in January. As such, the BOK expects GDP growth "to fall considerably below the February forecast of 2.1%, and uncertainties around the future path of GDP growth are also ...

Times of turmoil create opportunities: deVere

ALLY SELBY  |  WEDNESDAY, 25 MAR 2020
... economic recovery next year. "We expect near-term impact to be savage, shaving off 2 percentage points from global GDP growth," it said. "However, we anticipate a vaccine ready to be deployed by mid-to late 2021, setting the stage for a return to normality. ...

Frontier warns super fund clients of recession

KANIKA SOOD  |  FRIDAY, 20 MAR 2020
... Frontier's modelling is predicting likelihood of a recession, as defined by two successive quarters of negative GDP growth, according to a presentation sent to its clients yesterday. This is a far cry from the 2% growth expectation that Frontier ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... Australian economy from falling into a recession when many others sank. While it's almost certain that Australian GDP growth will contract in the first quarter, the succeeding three months to June remains uncertain, depending on the progression of ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... scheduled for July this year - will be cancelled. If so, the cancellation is expected to shave 0.1%-0.3% off Japan's GDP growth for FY 2020-2021. It's therefore hardly surprising that financial markets widely expect the BOJ to announce an easing ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... December 2019, up from 1.8% in the previous quarter and after five consecutive quarters of deceleration that took annual GDP growth down to 1.6% in the June 2019 quarter - the slowest pace in six years. The 0.4% increase in household consumption in the ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
... sick. The IMF has downgraded its 2020 global growth forecast by 0.1 ppt to 3.2% -- led by a reduction in China's GDP growth from 6.0% to 5.6%. You call that a downgrade? Oxford Economics' latest analysis is a downgrade. Oxford sees world GDP ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... state of the economy -- a stock market rocketing to then-record highs and unemployment at multidecade lows -- though GDP growth was higher at that time." It gets better. "Americans are also expressing peak optimism about their future personal financial ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
... suggest that Carney is leaving the UK weaker than when he found it. When Carney assumed the position on 1 July 2013, UK GDP growth was clocked at 2.9% (in the year to the June 2013 quarter), it slowed to 1.3% (September 2019 quarter). The January 2020 ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... slowing, "Our current estimate is that over the December and March quarters, the fires will have reduced Australian GDP growth by around 0.2 percentage points...The drought is also continuing to act as a drag on the economy and is expected to reduce ...