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Showing 321 - 330 of 1882 results for "GDP"

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
... 'World Economic Outlook, June 2020' update reinforces the luck of Australians (sorry Ireland). The IMF its 2020 world GDP growth forecast by 1.9 percentage points (from its April 2020 prediction) to 4.9, with the contraction in all G7 economies ...

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
... provide more support if they are to avoid (or at least mitigate) the OECD's latest prediction for a 6.0% contraction in GDP growth this year (assuming no second wave) to a fall of 7.3% (under a double-hit scenario).

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
... £645 billion. Similarly, the Johnson government worked from home - implementing support measures amounting to around 5% of GDP. Still, latest data show that the UK economy is heading for an even deeper dive. UK GDP growth plunged by 10.4% in the three ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... Fed back then. Don't blame the Fed... Sure, the Fed has painted a dark picture of the US economy in 2020 - predicting GDP growth to contract by 6.5% this year - but which world government and central bank hasn't? But grim as the Fed's projections ...

The secret to neutralising sequencing risk

ALLY SELBY  |  TUESDAY, 16 JUN 2020
... estate as defensive proxies prior to the COVID-19 crash, and were instead negatively impacted by poor economic growth and GDP expectations, he said. "However, many of these investors did not realise that they were 'at risk,' and were sitting on a roller-coaster ...

We cannot prevent the blow: PM

ELIZA BAVIN  |  TUESDAY, 16 JUN 2020
... sweeping reforms, the government will not be able to save every business. "Australia is expected to have the third lowest fall in GDP in 2020 of all economies surveyed by the OECD," Morrison said. "But the hit to our economy, we must understand, is significant ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... Treasurer Josh Frydenberg acknowledged as much after the Australian Bureau of Statistics (ABS) released figures showing that GDP contracted by 0.3% in the March 2020 quarter - the 'OECD Economic Outlook, June 2020' report has Australia's ...

Chief economist update: The second wave

BENJAMIN ONG  |  FRIDAY, 12 JUN 2020
... wave in America. Don't blame the Fed... Sure, the Fed has painted a dark picture of the US economy in 2020 - predicting GDP growth to contract by 6.5% this year - but which world government and central bank isn't? But grim as the Fed's projections ...

Government urged to extend stimulus

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... resume, with a return of lockdowns, confidence would suffer and cash-flow would be strained. "In that double-hit scenario, GDP could fall by 6.3% in 2020. Even in the absence of a second outbreak, GDP could fall by 5% in 2020." The OECD said there is ...

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
The US Federal Reserve has projected rates will remain near zero through 2022 and GDP will contract 6.5% as a result of COVID-19. The Fed also pledged to maintain at least the current pace of asset purchases, which is around US$80 billion per month. ...