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Showing 331 - 340 of 1882 results for "GDP"

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
... one at 0.375% and 1.125%) in 2022. This is understandable given the Fed's latest projections: "The Fed expects US real GDP growth to contract by 6.5% in 2020 (instead of the 2.0% expansion forecast in December 2019) before rebounding to 5.0% in 2021 ...

Chief economist update: Equity market disconnect

BENJAMIN ONG  |  WEDNESDAY, 10 JUN 2020
... it'll be smooth sailing from here. In its June 2020 'Global Economic Prospects' report, the World Bank (WB) sees world GDP growth dropping from an estimated +2.4% in 2019 to -5.2% this year (a sharp 7.7 percentage point revision from its ...

A-REIT winners, losers of the 'new normal'

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... 95% of last year's rent. "Over the long term there are cyclical headwinds which include higher unemployment rates and lower GDP growth, impacting tenant demand, vacancy rates and market rents," Pham said. "Importantly, COVID-19 has accelerated some of ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
... year. The revised Eurosystem staff macroeconomic projections have now been put in black and white. New forecasts show real GDP growth dropped from +1.2% in 2019 to -8.7% in 2020 (downgraded from +0.8 predicted in March 2020) before recovering to +5.2% ...

GDP figures reveal start of COVID-19 impact

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... the outbreak of COVID-19 and the subsequent imposition of restrictions. "Public demand contributed 0.3 percentage points to GDP, driven by a 1.8% rise in government final consumption expenditure," the ABS said. "Government spending at all levels increased ...

Wage growth, not wage cuts

ALLY SELBY  |  FRIDAY, 29 MAY 2020
... almost halved during the time it was overestimated, and it seems likely this is related to a similar decline in the growth of GDP," Keating said. This is because productivity, population and workforce participation combined were growing strongly, he ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
... the European Central Bank (ECB) warning that the Eurozone economy is approaching its worst-case scenario (a 12% drop in 2020 GDP); Japan unleashing a second supplementary budget ¥117.1 trillion (US$1.1 trillion) -- taking total stimulus spending to ...

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... emergency longer-term refinancing operations (PELTROs) to provide extra liquidity to banks. In early May, the ECB forecast GDP growth to contract between 5% (mild scenario) and 12% (severe) in 2020. However, on May 27, ECB president Christine Lagarde ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
... workers who cannot work online. It couldn't have come soon enough for an economy that's now in deep recession. Japanese GDP plunged at an annualised rate of 7.3% in the December quarter - as private spending tanked after the government lifted ...

Balanced funds fundamentally flawed

ALLY SELBY  |  MONDAY, 25 MAY 2020
... correlated to growth assets than previously believed, he said. "Airports, commercial property, and corporate credit are linked to GDP expectations as the global shutdown has graphically exposed," Rachcoff said. "It means many traditional 'balanced funds' ...