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Showing 131 - 140 of 610 results for %22World Economic Outlook%22

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... majority vote. Given Brexit's historical precedence, it's understandable that Britons and Europeans and the rest of the world are not holding their collective oxygen intake. However, Bank of England (BOE) governor Mark Carney have changed his ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... clear that already record low interest rates have (so far) been impotent in boosting consumer and business confidence. Other world central banks have been begging for fiscal support as has the RBA. Australia's government has helped but only to the ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... action, what Lowe referred to in his address before the Armidale Business Chamber in September: "We live in an interconnected world, which means that we cannot completely insulate ourselves from long-lasting shifts in global interest rates." "Our floating ...

Chief economist update: Oil to slide into 2020

BENJAMIN ONG  |  THURSDAY, 24 OCT 2019
The International Monetary Fund (IMF) recently released its 'World Economic Outlook' report for October where it slashed its global growth projection to 3.0% this year (from 3.2% forecast in July) before rebounding to 3.4% (downgraded from its ...

No room for policy mistakes

BENJAMIN ONG  |  TUESDAY, 22 OCT 2019
... these heavyweight international institutions are looking in the same direction... downwards. The IMF's World Economic Outlook report for October forecast world GDP growth to slow from 3.6% in 2018 to 3.0% in 2019 before rebounding to 3.4% in 2020. ...

IMF predicts bleak Australian outlook

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
... economy will weaken a full percentage point in 2019 down to 1.7% growth from 2.7% last year. In its latest World Economic Outlook report, the IMF warned of a "synchronised global slowdown" to the weakest pace since the Global Financial Crisis. "Rising ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... - recently supported by prescriptions from international institutions such as the International Monetary Fund (IMF), the World Bank (WB), the World Trade Organisation (WTO) and the Organisation for Economic Development and Cooperation (OECD) - Japan ...

Chief economist update: Synchronised forecasts for a synchronised slowdown

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
... OECD and the WTO. In its 'Interim Economic Outlook' report published on September 19, the OECD lowered its world economic growth forecast from 3.6% in 2018 to 2.9% (down from 3.2% forecast in May 2019) this year and 3.0% (down from 3.4%) in 2020. ...

Chief economist update: Zero here we go

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2019
... fundamentals, it finds itself doing even more stitching. If only the RBA applied the opposite of what central banks around the world were proclaiming, "We need to raise interest rates now to avoid lifting rates by more in the future" during the good ...

Chief economist update: The greatest central banker of modern times

BENJAMIN ONG  |  TUESDAY, 1 OCT 2019
... out of time. Such is departing ECB president Mario Draghi's predicament. Listed as the 8th most powerful person in the world by Forbes in 2014, ranked as world's second greatest leader (behind Apple chief executive Tim Cook) by Fortune magazine ...