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Showing 201 - 210 of 689 results for "Economic Activity"

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... restricting movements within countries and within cities," Lowe said. "The result has been major disruptions to economic activity across the world. This is likely to remain the case for some time yet as efforts continue to contain the virus." The cautionary ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... domestic earnings (substitution effect) and improve company earnings via its translation effects. But with world economic activity frozen, international earnings are down. With Australia nearing complete lockdown, there'll be no domestic earnings ...

Chief economist update: China leads the way

BENJAMIN ONG  |  TUESDAY, 17 MAR 2020
... fame) immortal cry comes back to haunt: "We're doomed, we'll never make it!" And for good reason. With economic activity frozen in most parts of the globe, a worldwide recession is at hand. The latest economic stats from China - ground zero - ...

Former ANZ Wealth investment chief exits

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
... Rider served as head of investment strategy, Australia at UBS Global Asset Management and is a former head of economic activity and forecasting at the Reserve Bank of Australia, having served 10 years at the central bank. The job cuts were revealed last ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... effects of the coronavirus outbreak. The Fed said "the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States," as it cut interest rates to essentially zero. The move comes after a weekend ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... and fiscal policy responses is of course to mitigate (if not lessen) the sense of panic that's freezing economic activity that, in turn, could turn prophecies of a global recession into a self-fulfilling one. However, these aggressive and/or coordinated ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... the next country, but its relationship to China may provide some relief in the long run," he said. "Chinese economic activity is still depressed as the country slowly returns to work, but markets are already looking to assess the size of the economic ...

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... the effects are similar to during the most acute phase of the global financial crisis, reflecting curtailed economic activity associated with the unprecedented containment effort. "This drop was not seen in recent epidemics or after the 9/11 attacks," ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
... savers and drove investors to go look where their capital could get higher returns? The global freezing (of economic activity) wrought by coronaphobia is shaking what has become an orthodoxy since the Global Financial Crisis that central banks are the ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... causes insanity". But I digress. While most nations around the world are reeling from the virtual freezing of economic activity in their respective economies and sharp declines in their equity markets, Japan is fast becoming a special (basket) case. ...