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Showing 221 - 230 of 695 results for "GDP growth"

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
... neutral rate is 3.5% (when they stop raising interest rates). This is backed up by its economic projections that show GDP growth slowing from 3.1% this year to 2.5% next year, 2.0% in 2020 and 1.8% in 2021. They also indicate the unemployment rate will ...

Chief economist update: Steady as she goes

BENJAMIN ONG  |  FRIDAY, 14 SEP 2018
... Even so, "all indicators have now stabilised at levels that are above historical averages." The slight downgrade to GDP growth - relative to the June quarter projections of 2.1% for 2018 and 1.9% in 2019 (2020 is unchanged at 1.7%) - is "mainly due to ...

Chief economist update: Japan's core strengthens

BENJAMIN ONG  |  THURSDAY, 13 SEP 2018
When Japan's Cabinet Office revised it GDP growth estimate higher from the preliminary estimate of 0.5% to 0.7% in the June quarter, it also reported that capital expenditure provided the highest contribution to growth (0.5 percentage points) over ...

Chief economist update: Confidence down, conditions up

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2018
... stronger than expected 0.9% in the June quarter, slower than the first quarter's 1.1% but enough to propel annual GDP growth rate up to 3.4% - the fastest in six years. About half of the June quarter's growth was due to consumer spending. Household ...

Chief economist update: Japan's sun shines

BENJAMIN ONG  |  TUESDAY, 11 SEP 2018
... expenditure 0.5 pps. Public demand rose 0.2% over the second quarter but similar to inventories, provided to contribution to GDP growth in the June quarter. Net exports subtracted one percentage point from overall GDP growth as imports grew faster than ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
... potential fall-out from Brexit. The BOE only made marginal adjustments to its growth and inflation projections in August: GDP growth is forecast at 1.4% this year (1.4% in May) before lifting to 1.8% in 2019 (1.7% in May) and 1.7% in 2020 (unchanged). ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... OCR could be down rather than up. This is because as printed in the August Monetary Policy Statement: "The decline in GDP growth over the past year suggests momentum in the economy may have eased." Factset data shows that New Zealand's annual GDP ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
... optimistic. The MPC's updated growth and inflation projections are broadly the same as in the May Inflation Report: GDP growth is forecast at 1.4% this year (1.4% in May) before lifting to 1.8% in 2019 (1.7% in May) and 1.7% in 2020 (unchanged). ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
... investment and exports" would now have a larger impact. After slowing 2.3% in the year to the March quarter, the BOC expects GDP growth to "pick-up to 2.8% in the second quarter and a moderation to 1.5% in the third" for an "average growth of close to ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
... financial manager Bill Gross said the Taylor rule "must now be discarded into the trash bin of history," in light of tepid GDP growth in the years after 2009. Gross believed low interest rates were not the cure for decreased growth, but the source of ...