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Showing 1231 - 1240 of 4047 results for "Inflation"

Chief economist update: RBA holds but for how long?

BENJAMIN ONG  |  WEDNESDAY, 6 NOV 2019
... this year and then for growth gradually to pick up to around 3 per cent in 2021." "The central scenario remains for inflation to pick up, but to do so only gradually. In both headline and underlying terms, inflation is expected to be close to 2 per cent ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... rather than later. Perhaps as soon as 22 days before Christmas when the board meets on December 3? While the latest inflation figures were in line with market expectations, they remained below the RBA's target - headline ticked up by 1.7% in the ...

Chief economist update: Fed pause could be a short one

BENJAMIN ONG  |  FRIDAY, 1 NOV 2019
... Powell shared his optimism over the outlook for the economy - "It's for moderate growth, a strong labor market, and inflation near our 2% objective" - that justifies his forward guidance to a pause in rate cut proceedings. Given latest data and developments ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... rate cuts... ever! The Australian Bureau of Statistics' (ABS) latest update on the country's consumer price inflation has changed market expectations with regards to how low the Reserve Bank of Australia (RBA) will take the official cash rate. ...

Inflation the forgotten risk to retiree portfolios

HARRISON WORLEY  |  WEDNESDAY, 30 OCT 2019
Advisers should not underrate inflation risk when building retirement income portfolios for clients, an AMP Capital portfolio manager told attendees at Financial Standard Retirement Income Best Practice Forum in Sydney this morning. Speaking during ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... slowed from a high of 2.8% in the March quarter of 2011 into a 1.2% contraction two year later (March 2013). So has inflation. The annual growth rate in harmonised consumer prices (HICP) trended down from 3.0% in November 2011 to a low of -0.6% (deflation) ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... 2.4% of GDP and a budget deficit of 4.6% of GDP for America. Another factor that determines relative exchange rates is inflation. Purchasing power parity dictates that the currency of the country with higher inflation must depreciate to adjust for price ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... lift wages. "I don't think it's the right assumption to make that we're going to have a lot more work to do to get inflation back to target and growth back to trend," Lowe said. This comes off the back of the release of positive employment figures ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... that after contracting by 0.2% in the June quarter, GDP grew by 0.4% in the month of July and 0.1% in August. While inflation has eased - headline CPI at 1.7% in the year to August; core at 1.5% - it remains closer to target compared with the ECB (0.9%) ...

One in three chance of global recession: Aviva

ELIZA BAVIN  |  MONDAY, 14 OCT 2019
... expect all major economies to be growing below potential in 2020, with unemployment likely to rise modestly and wage and inflation pressures set to remain muted," the report said. Aviva said that having become increasingly concerned about the downside ...