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Showing 1331 - 1340 of 4047 results for "Inflation"

Australia in effective recession: Academic

KANIKA SOOD  |  THURSDAY, 7 MAR 2019
... been consistently positive." Holden said the economy should be roaring along under the combination of stubbornly low inflation, unemployment levels and persistently low wage growth. The fact it is not, is further evidence Australia's economy is stagnating. ...

Chief economist update: Cash rate should be 1%

BENJAMIN ONG  |  THURSDAY, 7 MAR 2019
... John Taylor to estimate the required level of interest rate for a given state of the economy. Plugging in growth and inflation, Australia's "Taylor Rule" measure says, that the official cash rates should be at 1.0%. The two rate cuts camp has it! ...

Chief economist update: US economic growth is slowing and accelerating

BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
... then again, despite the better than expected annualised growth rate and accelerating year-on-year GDP growth measure, inflation remains tame. The PCE price index remains below the Fed's 2% target - annualised, the headline PCE price index slowed ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2019
... attention to global economic and financial developments and assessing their implications for the outlook. In January, with inflation pressures muted, the FOMC determined that the cumulative effects of these developments, along with ongoing government ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
... repo rate it announced at the August 1 meeting. The other 40 "guessers" guessed that it would because of sharply rising inflation expectations. Can't blame them, although Indian inflation was slowing at the time, the rupee's depreciation and ...

MLC MySuper switches to lifestage

KANIKA SOOD  |  FRIDAY, 22 FEB 2019
... portfolios: MySuper growth portfolio: 85% growth assets and 15% defensive. Its objective is to beat the Consumer Price Inflation by 3.5% per annum over any 10 year period. This is higher than the old MySuper option's target outperformance of 3% MySuper ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... alone, a 2.3% pay rise) for many, many, many years. These unlucky many have, in effect seen their incomes eroded by inflation (thank goodness prices haven't increased by much). Just as Luci Ellis - RBA Assistant Governor (Economic) - warned in her ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... rising wages - up by 1.8% in the year to December from 1.7% in November and 1.5% in October. The drop in the headline CPI inflation rate to 0.3% from 08% over the same period underscore the sharp increase in Japanese real wages. Japan's external ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
... 2.2%." All good if this can be sustained. But, according to Jason: "Perhaps more importantly, consumers' long term inflation expectations fell to the lowest level recorded in the past half century." These expectations are consistent with latest data ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... Government spending on infrastructure and housing also supports domestic demand. As capacity pressures build, consumer price inflation is expected to rise to around the mid-point of our target range at 2%." These were the rationales behind the Reserve ...