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

Search Results

Showing 131 - 140 of 696 results for "GDP growth"

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... state of the economy -- a stock market rocketing to then-record highs and unemployment at multidecade lows -- though GDP growth was higher at that time." It gets better. "Americans are also expressing peak optimism about their future personal financial ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
... suggest that Carney is leaving the UK weaker than when he found it. When Carney assumed the position on 1 July 2013, UK GDP growth was clocked at 2.9% (in the year to the June 2013 quarter), it slowed to 1.3% (September 2019 quarter). The January 2020 ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... slowing, "Our current estimate is that over the December and March quarters, the fires will have reduced Australian GDP growth by around 0.2 percentage points...The drought is also continuing to act as a drag on the economy and is expected to reduce ...

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
... government grants and insurance payments will assist many people," Lowe said. "On this basis, our assessment is that GDP growth for 2020 as a whole will be largely unaffected. There is, however, likely to be a noticeable effect across the December quarter ...

Chief economist update:China prepares anti-viral injection

BENJAMIN ONG  |  MONDAY, 3 FEB 2020
... best-case scenario, which assumes the epidemic can be quickly contained and brought to an end by April, China's GDP growth is expected to slow to 5.4 per cent this year from 6.1 per cent in 2019," the report said. "...in the worst-case scenario ...

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
... Fed will cut rates at its September meeting is at 71.5%. Looking at current US stats, there's a case for both. US GDP growth accelerated at an annualised quarterly rate of 2.1% in December 2019 (from 1.1% in 2018) and the unemployment rate dropped ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
... previous year's 6.4% rate and the weakest growth rate in 29 years, it was within the government's 6.0% - 6.5% GDP growth target and matched consensus expectations. Monthly activity data were also heartening. Year on year growth in industrial ...

Chief economist update: Fundamentally overvalued

BENJAMIN ONG  |  FRIDAY, 17 JAN 2020
... and the dividend yield this low was during the boom years (before the GFC), specifically 2006-2007. Australian annual GDP growth over those two years averaged 3.6% (compared with the latest reading of 1.7%); headline inflation at 2.9% (1.7%); the unemployment ...

Chief economist update: Bushfires singe growth, surplus predictions

BENJAMIN ONG  |  WEDNESDAY, 15 JAN 2020
... 2.5%, still short of the 2.75% that is considered trend." These compare with the Reserve Bank of Australia's (RBA) GDP growth forecasts - published in its Statement on Monetary Policy (released in November 2019) - of 2.25% at the end of 2019; 2.75% ...

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
... 2020 and 1.7% in 2021 - both raised by 0.1 pps. The World Bank report was a bit kinder on Japan, so it seems. Japanese GDP growth is expected to accelerate to 1.1% in 2019 - an upward revision of 0.3 pps - from 0.8% in 2018 and has left its forecast ...