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Showing 231 - 240 of 1882 results for "GDP"

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... stimulus). In its 'Summary of Economic Projections', Fed participants - board members and presidents - revised up their GDP growth projections to 6.5% this year (from 4.2% projected in December 2020); 3.3% in 2022 (from 3.2%); before tapering ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
... whopping 61.2% from the pandemic low recorded on 18 March 2020. This, notwithstanding only marginal changes in the ECB's GDP growth forecasts. It raised its 2021 growth projection to 4.0% (from the 3.9% it predicted in December 2020) and lowered ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... stronger relative to its peer, later confirmed by the OECD 'Economic Outlook' March 2020 quarter interim report. Sure, US GDP growth received the biggest upgrade from the OECD - 3.3 percentage points to 6.5% this year - but this owes a great ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... over recent months with signs of a rebound in goods trade and industrial production becoming clear by the end of 2020. Global GDP growth is now projected to be 5.6% this year, an upward revision of more than 1 percentage point from the December OECD ...

Chief economist update: More manna from UK Treasury

BENJAMIN ONG  |  FRIDAY, 5 MAR 2021
... amounts to £407 billion." According to Sunak, this will raise the UK's budget deficit to £355 billion this year (17% of GDP) - the highest level since WWII - with another £234 billion (10.3% of GDP) forecast for 2022. But he has a plan. Sunak ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... be quite honest, I just don't know what that point might be," he said. One concern is when a country reaches a debt-to-GDP ratio of 100% in the way that is happening in US, could lead to an economic disaster. "That could create a crisis because in ...

Australian recovery has been outstanding: La Trobe Financial

ELIZA BAVIN  |  THURSDAY, 4 MAR 2021
... and markets around the world, resulting in domestics economies going into a freefall. Andrews said despite Australia's GDP "tanking" in March 2020, and then plummeting in June, with the largest quarterly fall in Australian economic history, the rebound ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... loan repayments have now recommenced repayments. The recovery is expected to continue, with the central scenario being for GDP to grow by 31/2 per cent over both 2021 and 2022. GDP is expected to return to its end-2019 level by the middle of this year." ...

Australia sweeps pension market rankings

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... head of strategic advisory for investments Jessica Melville said Australia's performance, whereby assets rose to 175% of GDP (up from 151% the year before) was particularly impressive, given over $37 billion in outflows because of the early access ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
The latest GDP growth updates show that the world's major economies remain in contraction (in year-on-year terms) at the end of 2020 and despite the roll-out of vaccines, the COVID-19 pandemic (and now its variants) remain with us, triggering stop-and-go ...