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Showing 231 - 240 of 684 results for "Economic Activity"

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... been dealt, play we have to. The chart below provides a picture representation of the sharp slowing in global economic activity. According to JP Morgan, the survey shows: "The rate of global economic expansion slowed to its weakest since June 2016, as ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... from US$74.94. The slide in oil prices is likely to intensify as global demand takes a hit from even weaker economic activity. In its June report, the World Bank recently downgraded its global GDP growth forecasts to 2.6% this year (from 2.9% it predicted ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... the RBA monetary policy transmission mechanism takes around 12-18 months before it flows through into general economic activity. Suddenly, gloom and doomers are crawling out of the woodworks - my next-door neighbour would be pleased at being proved correct ...

Chief economist update: Policy of patience

BENJAMIN ONG  |  THURSDAY, 2 MAY 2019
... federal funds rate at 2-1/4 to 2-1/2%," the Fed said. "The Committee continues to view sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2% objective as the most likely outcomes. ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
... tepid wage growth leads to less household spending, lower company sales and profits and, by extension, reduce economic activity and lower inflation. Easing inflation would, in turn, encourage households to defer spending, reducing economic activity and ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
... the rate of decline in the global manufacturing PMI. Then again, the Fed could use the improvement in global economic activity as reason for resuming its policy normalisation path before 2019 is over.

Chief economist update: Japan should raise taxes another day

BENJAMIN ONG  |  WEDNESDAY, 27 MAR 2019
... back to the fore: "There is some risk that the scheduled consumption tax hike will exert downward pressure on economic activity and prices." Yes, Virginia, it's consumption tax hike. It's coming to a theatre near us in October this year when ...

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
... towards normalising monetary policy, this just in go slower approach should provide a floor on further weakness in economic activity going forward. Not only this, the Fed's gentler policy would trickle down onto the policies of other central banks ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... consumer sentiment, lending to households and businesses - all but confirm the weakening trend in the domestic economic activity. Add to this the worsening out for the property market, underpinned by the continuing decline in the HIA new home sales stats ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... rate to plus 1.4% from the September quarter's minus 2.6% rate. According to the report, "The rebound in economic activity was supported by solid rises in both private and public demand following a series of natural disasters that halted production." ...