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Showing 161 - 170 of 611 results for %22World Economic Outlook%22

Chief economist update: Japan should raise taxes another day

BENJAMIN ONG  |  WEDNESDAY, 27 MAR 2019
... impatience over getting more revenue to pay its ballooning debt - which at 253% of GDP (as at 2017) is the highest in the world - but each time it tries to go one step forward, it takes two steps back. Japan's history of lifting the consumption tax ...

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
... the S&P 500 index reversed direction and climbed 0.3% higher after the Fed's announcement hit trading desks around the world. Yippee-kay-yay! And then the S&P 500 index reversed its reversal, falling by 0.3% at the close of trade. Booo! Here's ...

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
... fallout from the Hayne Royal Commission. And these, even before Westpac chief economist Bill Evans made it known to the world that he's changed his RBA rate projections from steady all the way, to two rate cuts this year - one 25 bps reduction in ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... reflected in the A$ trade weighted index. This is hardly surprising given that the Fed's pause has allowed other major world central banks to place their respective monetary policies on ice (as opposed to exit strategies) and/or start thinking about ...

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
... No, Virginia, that wasn't a misquote, it's taken from the International Monetary Fund's (IMF) World Economic Outlook (WEO) Update dated January 2018. That time, the IMF projected euro area growth of 2.0% for this year (an upgrade from 1.7% ...

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG  |  TUESDAY, 22 JAN 2019
What a world of difference a year makes! The International Monetary Fund (IMF) has just released its World Economic Outlook Update, the heading: A Weakening Global Expansion. Says it all, really...and for a synopsis: "The global expansion has weakened. ...

Chief economist update: Predictions allude to frozen RBA

BENJAMIN ONG  |  THURSDAY, 22 NOV 2018
In a way, you know, I know, the world knows already about the case of the slowdown in global growth. The Organisations for Economic Development and Cooperation's (OECD) recently-released the OECD Economic Outlook and Interim Economic Outlook report ...

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
... it's off... then so be it, at least economic, financial and business agents can adjust their decisions based on the new world order. And then there's the Fed. Luckily, the latest update is that it's bringing good tidings courtesy of the recently-appointed ...

Chief economist update: The Middle Kingdom's middling growth

BENJAMIN ONG  |  TUESDAY, 6 NOV 2018
... 29.6% of our total exports to China in FY 2016/17. In turn, exports account for more than 20% of the Australian economy (World Bank data). So what's happening in China? While Chinese GDP growth slowed from 6.7% in the second quarter to 6.5% in the ...

Super funds react to market sell off

KANIKA SOOD  |  MONDAY, 29 OCT 2018
... lot of noise in the media about the investment outlook, corporate profits have remained very strong here and around the world. While some of the events we have outlined here might influence corporate profits and investment returns, we think the effect ...