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Showing 101 - 110 of 695 results for "GDP growth"

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... believes these numbers are only going to worsen. "Clearly, Victoria changes the economic picture; it's going to defer GDP growth, it is going to hurt unemployment," he said. "And so the risk of higher provisions and bad debts for the banks has also ...

Chief economist update: The post-pandemic problem

BENJAMIN ONG  |  THURSDAY, 2 JUL 2020
... by 4.9% this year (after an estimated expansion of 2.9% in 2019). The OECD was more pessimistic, forecasting world GDP growth to contract between 6.0% in 2020 (under a single-hit scenario) and 7.3% (under a double-hit scenario). As such, central banks ...

Chief economist update: This rebound is brought to you by the letter V

BENJAMIN ONG  |  MONDAY, 29 JUN 2020
... projections, the Eurozone will come out on top in the year 2021. The OECD expects the single currency region's GDP growth to advance by 6.5% (single-hit scenario) or by 3.5% (double-hit) - outperforming the OECD's growth average of 4.8% (singel-hit) ...

Chief economist update: Premature easing will cost more lives, more rupiahs

BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
... and 3.35%, respectively. India's stringent lockdown measures has taken its toll on the already slowing economy - GDP growth slowed from 5.7% in March 2019 to 4.1% in December - before the pandemic to 3.1% in the year to the March quarter of 2020. ...

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
... Economic Outlook, June 2020' update reinforces the luck of Australians (sorry Ireland). The IMF its 2020 world GDP growth forecast by 1.9 percentage points (from its April 2020 prediction) to 4.9, with the contraction in all G7 economies revised ...

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
... more support if they are to avoid (or at least mitigate) the OECD's latest prediction for a 6.0% contraction in GDP growth this year (assuming no second wave) to a fall of 7.3% (under a double-hit scenario).

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
... measures amounting to around 5% of GDP. Still, latest data show that the UK economy is heading for an even deeper dive. UK GDP growth plunged by 10.4% in the three months to April following a 2.0% contraction in the previous month. Worse, despite the ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... back then. Don't blame the Fed... Sure, the Fed has painted a dark picture of the US economy in 2020 - predicting GDP growth to contract by 6.5% this year - but which world government and central bank hasn't? But grim as the Fed's projections ...

Chief economist update: The second wave

BENJAMIN ONG  |  FRIDAY, 12 JUN 2020
... America. Don't blame the Fed... Sure, the Fed has painted a dark picture of the US economy in 2020 - predicting GDP growth to contract by 6.5% this year - but which world government and central bank isn't? But grim as the Fed's projections ...

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
... 0.375% and 1.125%) in 2022. This is understandable given the Fed's latest projections: "The Fed expects US real GDP growth to contract by 6.5% in 2020 (instead of the 2.0% expansion forecast in December 2019) before rebounding to 5.0% in 2021 and ...