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Showing 91 - 100 of 1382 results for %22GDP growth%22

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... doubt that the tide of economic growth would continue to rise. This is underscored by the Fed's upgrade to its 2021 GDP growth projection to 6.5% (from 4.2% forecast in December 2020) and an unemployment rate of 4.5% (from 5.0% predicted three months ...

Chief economist update: BOE not letting its guard down

BENJAMIN ONG  |  TUESDAY, 23 MAR 2021
... additional stimulus from the Exchequer from a month earlier. "Since the time of that forecast, developments in global GDP growth have been a little stronger than anticipated, and the substantial new US fiscal stimulus package should provide significant ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
GDP growth of over 6% for 2021. Chinese premier Li Kequiang announced this target growth rate at the opening of the fourth session of the 13th National People's Congress (NPC) in Beijing on March 5. Many a time, China's annual economic growth ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... In its 'Summary of Economic Projections', Fed participants - board members and presidents - revised up their GDP growth projections to 6.5% this year (from 4.2% projected in December 2020); 3.3% in 2022 (from 3.2%); before tapering to 2.2% in ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
... 61.2% from the pandemic low recorded on 18 March 2020. This, notwithstanding only marginal changes in the ECB's GDP growth forecasts. It raised its 2021 growth projection to 4.0% (from the 3.9% it predicted in December 2020) and lowered 2022's ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... relative to its peer, later confirmed by the OECD 'Economic Outlook' March 2020 quarter interim report. Sure, US GDP growth received the biggest upgrade from the OECD - 3.3 percentage points to 6.5% this year - but this owes a great deal to the ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... recent months with signs of a rebound in goods trade and industrial production becoming clear by the end of 2020. Global GDP growth is now projected to be 5.6% this year, an upward revision of more than 1 percentage point from the December OECD Economic ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... be quite honest, I just don't know what that point might be," he said. One concern is when a country reaches a debt-to-GDP ratio of 100% in the way that is happening in US, could lead to an economic disaster. "That could create a crisis because in ...

Australian recovery has been outstanding: La Trobe Financial

ELIZA BAVIN  |  THURSDAY, 4 MAR 2021
... and markets around the world, resulting in domestics economies going into a freefall. Andrews said despite Australia's GDP "tanking" in March 2020, and then plummeting in June, with the largest quarterly fall in Australian economic history, the rebound ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... loan repayments have now recommenced repayments. The recovery is expected to continue, with the central scenario being for GDP to grow by 31/2 per cent over both 2021 and 2022. GDP is expected to return to its end-2019 level by the middle of this year." ...