Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 684 results for "Economic Activity"

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... depend significantly on the course of the virus. The ongoing public health crisis will continue to weigh on economic activity, employment, and inflation in the near term, and poses considerable risks to the economic outlook over the medium term". Added ...

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... Australian economy had been going through a very difficult period and was experiencing the biggest shock to economic activity since the 1930s. Nevertheless, members noted that the downturn had not been as severe as earlier expected and a recovery was ...

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
... improvise. So much so that while the number of cases of infection and deaths continue to increase worldwide, global economic activity has thawed from the deep freeze that plague almost the entire planet earlier this year. This is underscored by the continuing ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
... this year. According to the BLS: "These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it." This is backed by the continued ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... monetary and fiscal stimulus measures) -- like in most other nations around the world - sparked a recovery in economic activity, underscored by the rebound in the IHS/CIPS purchasing managers indices (PMI). The composite PMI continues to strengthen ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... successful and this enabled the economy to be reopened earlier than most people had anticipated," Aird said. "Economic activity improved over the second half of the June quarter as restrictions were eased nationally." As has been the theory thrown around ...

Pandemic heightened need for SG increase: ASFA

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... the economy. "Higher taxes and/or lower Age Pension benefits is not an appropriate prescription for boosting economic activity and lowering unemployment."

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
... restrictions and lockdowns that followed it, the second wave now hitting the single currency region is slowing economic activity. This is evidenced by the latest IHS Markit Flash Eurozone PMI survey. The flash Eurozone PMI Composite Output Index fell ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... services that entail personal interactions; and some high-frequency indicators that pointed to a deceleration in economic activity. "Substantial fiscal policy measures-both enacted and anticipated-along with appreciable support from monetary policy and ...

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
... mandatory and Greece also grappled with a fresh surge in cases." Hopefully, we won't see the sharp slump in economic activity that resulted from the first wave of infections. Still, the re-imposition of social and business restrictions that's ...