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Showing 141 - 150 of 695 results for "GDP growth"

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
... September's forecast of 1.1%), 1.1% in 2020 (from 1.2%), and 1.4% in both 2021 (from 1.4%) and 2022. Eurozone real GDP growth expanded by 1.2% in the year to the September 2019 quarter - the same growth rate as in the June quarter. HICP inflation ...

Chief economist update: Has the Fed conquered the yield curve?

BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
... leading to persistent caution in the real economy and potentially the return of market jitters; and, more importantly for GDP growth, (2) that employment growth will slow through 2020". That's the Fed expecting no more rate cuts in 2020 versus Westpac's ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... had been successful. I didn't dub him Super Mario for nothing (yes, I was the first to call him that!). Eurozone GDP growth started to improve from the recession borne of Grexit and fears of contagion in 2013 to a peak of 3.0% annual growth in the ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... gets as the details of the Australian National Accounts provide sobering reading. At the margin, the country's GDP growth rate has slowed to 0.4% in the three months to September from 0.6% in the previous three-month period. This is weaker-than-market ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... Markets are currently pricing another rate cut by February 2020. This suggests that the RBA expects to get to its 3% GDP growth; 5% unemployment rate and 2% inflation by cutting interest rates one more time... at least. This, too, is predicated on the ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... inflation. This is consistent with the RBA's forecasts in its November 'Statement on Monetary Policy" (SoMP) - GDP growth of 2.75% in 2020 and inflation of 1.75% (and of course, that footnote where it assumes another 25bps cut in interest rates ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
... economics, after all, is an inexact science because of the thousand and more factors that go into producing a single GDP growth number. As 2020 rolls on, we could find the OECD upgrading Australia's growth forecast in line with the RBA or the Australian ...

Chief economist update: Cloudy 2020 vision for OECD

BENJAMIN ONG  |  FRIDAY, 22 NOV 2019
... in May 2019) this year and 3.0% (down from 3.4%) in 2020. The Institution's latest report (November) has world GDP growth downgrade another notch to 2.9% by the end of the 2020, warning that: "Growth could be weaker still if downside risks materialise ...

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
... first cut since 2016 - and at the same time injecting CNY400 billion (US$56.94 billion) in the system. With Chinese GDP growth straddling the lower bound of its 6%-6.5% target - it grew by 6% in the year to the September quarter - the PBOC has every ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
... MARTIN's scenario analysis: "A sustained 5% depreciation of the exchange rate is expansionary for the economy. GDP growth is roughly half a percentage point higher than in the central forecasts over the forecast period." " The increase in GDP growth ...