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Showing 271 - 280 of 697 results for "GDP growth"

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
... accelerated to a year-on-year rate of 6.3% from 6.2% in November, indicating a solid contribution to fourth quarter US GDP growth. To put this in perspective, the three-month moving average in core retail spending sped up to 5.7% (year-on-year) in December ...

Chief economist update: Bond sell bomb shell

BENJAMIN ONG  |  THURSDAY, 11 JAN 2018
... growth projections have been revised higher from the one it made in June 2017, what is noticeable is the slowing in the GDP growth forecasts among advanced economies. The World Bank sees growth in the advanced economies as a whole slowing from 2.3% in ...

Pre-Christmas delivery

BENJAMIN ONG  |  THURSDAY, 21 DEC 2017
... I think you can go to 5 percent or 6 percent". Good, better and best but there's just one problem with this. Annual GDP growth of 4% or 5% or 6% implies that the economy would be growing above its potential - the economy's maximum sustainable output ...

Ho ho hum MYEFO

BENJAMIN ONG  |  TUESDAY, 19 DEC 2017
... Given, the direction the economy is travelling in recent times very few could argue with the MYEFO's predictions for GDP growth of 2.25% in FY2017-18 and 3.0% in FY2018-19; or the unemployment rate of 5.5% this fiscal year and 5.25% the next. But (but ...

Expecting the expected

BENJAMIN ONG  |  MONDAY, 18 DEC 2017
... the European Central Bank (ECB) kept monetary policy settings unchanged. The Eurosystem staff projects annual real GDP growth of 2.4% in 2017, 2.3% in 2018 and 1.9% in 2019. "Compared with the September 2017 ECB staff macroeconomic projections, the outlook ...

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
... National Accounts figures showed that household consumption only contributed 0.1 percentage point to third quarter GDP growth, down from the 0.5 percentage point it added in the June quarter. More up-to-date data on retail spending - a subset of overall ...

Three is the magic number

BENJAMIN ONG  |  THURSDAY, 14 DEC 2017
... presidents of Chicago (Evans) and Minneapolis (Kashkari) even voted against a rate hike this month. This because although GDP growth and the unemployment rate turned out better than predicted in the Fed's summary of economic projections in December 2016 ...

All up and all together now

BENJAMIN ONG  |  MONDAY, 4 DEC 2017
... third quarter of this year but if current indications are on the ball, the fourth quarter will be better. Year-on-year GDP growth rates in the US, the Eurozone, Japan, the UK and India all accelerated in the September quarter from the previous one. China's ...

OECD tells RBA to take a hike

BENJAMIN ONG  |  WEDNESDAY, 29 NOV 2017
... years) as written in its 'Australia - Economic forecast summary (November 2017)' report. The OECD's predictions include: GDP growth of 2.5% in 2017, 2.8% in 2018 and 2.7% in 2019; core inflation at 1.7% in 2017, 2.1% in 2018 and 2.2% in 2019; unemployment ...

Japan on reverse cycle?

BENJAMIN ONG  |  TUESDAY, 21 NOV 2017
... expectations." But recent data releases show that the cycle has stalled at best. Preliminary estimates show Japanese GDP growth slowed to 0.3% in the September quarter - half of the 0.6% expansion recorded in the previous three-month period. No big deal ...