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Showing 201 - 210 of 664 results for "GDP growth"

Chief economist update: Steady at 24 and counting

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2018
... 1... "The recent data on the Australian economy continue to be consistent with the bank's central forecast for GDP growth to average a bit above 3% in 2018 and 2019...One continuing source of uncertainty is the outlook for household consumption. ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
... straight month of slowing) from 0.5% in April. This suggests another small contribution from the biggest contributor to US GDP growth (70%) in the second quarter. Recall that the first quarter US National Accounts showed the contribution from personal ...

Chief economist update: It's always slow in America in Q1

BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
The third and final estimate of US GDP growth showed the economy grew at an annualised rate of 2% in the first quarter of 2018. This is lower than market expectations and would be unchanged from the second estimate's 2.2% rate. While the slight ...

Chief economist update: Chinese dragon now a bear

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2018
... pushed the benchmark index into a technical bear market. It's down by 14% this year to date. Forget the 2018 China GDP growth forecasts that the mammoth international institutions - International Monetary Fund (6.6%); Asian Development Bank (6.6%) ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
... negative when adjusted for inflation). Household consumption contributed only 0.2 percentage points to March quarter GDP growth, down from 0.6 pps in the December 2017 quarter. Recent history also provides lessons for the impatient. The Reserve Bank ...

Chief economist update: ECB cannot be any clearer

BENJAMIN ONG  |  FRIDAY, 15 JUN 2018
... the "soft patch" in the first quarter of 2018 (that could continue in Q2 in "some countries"), the staff lowered its GDP growth projection for 2018 to 2.1% (from 2.4%) but maintained growth expectations at 1.7% in 2019 and 2020. Still, excluding the ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
... consequence of the revisions in the Fed's growth, unemployment and inflation forecasts in the June quarter: 2018 GDP growth was revised higher to 2.8% (from 2.7% predicted in the March quarter) and unchanged at 2.4% in 2019, the unemployment rate ...

Japan needs trade peace with the US

BENJAMIN ONG  |  FRIDAY, 8 JUN 2018
... the March quarter, more than reversing the 0.1% gain in the previous three-month period. Another quarter of negative GDP growth would bring it back into a technical recession. The details of the National Accounts show that the economy would have contracted ...

Chief economist update: Another five minutes of sunshine?

BENJAMIN ONG  |  THURSDAY, 7 JUN 2018
... Federal Treasurer Scott Morrison's face and vindicate the Reserve Bank of Australia's (RBA) "central forecast for GDP growth to pick up, to average a bit above 3% in 2018 and 2019." Financial Standard's recently-published "Good Economics ...

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
... 1 meeting. "The recent data on the Australian economy have been consistent with the bank's central forecast for GDP growth to pick up, to average a bit above 3% in 2018 and 2019...One continuing source of uncertainty is the outlook for household ...