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Showing 391 - 400 of 636 results for "Trump"

Chief economist update: Just a hiccup in a rising trend

BENJAMIN ONG  |  WEDNESDAY, 28 MAR 2018
... "jobs are hard to get" fell from 15.1% to 14.9% in March. And for those who find jobs, there's less tax to pay thanks to Trump's tax cuts. However, consumers' short-term income expectations remained unchanged net-net with those expecting an improvement ...

Chief economist update: The euro's doing Trump's work in the Eurozone

BENJAMIN ONG  |  TUESDAY, 27 MAR 2018
Who was the first to blink? Was it Trump? Or was it Xi? "Frankly, my dear, I don't give a damn!" Given the financial markets' reaction, they don't care so long as the "lose-lose" situation of a trade war is averted. Still, this will continue to task ...

Chief economist update: It's not just the trade war

BENJAMIN ONG  |  MONDAY, 26 MAR 2018
... typed in this space many, many times before, "war is good for absolutely nothing." This made sense because a day before Trump's 25/10 steel/aluminium tariff took effect on the 23 March, POTUS announced that the White House would be imposing a 25% tariff ...

Chief economist update: Dot tales

BENJAMIN ONG  |  THURSDAY, 22 MAR 2018
... laid out plans of mice and men often go awry." While Fed chief Powell noted that the potential for a trade war - sparked by Trump's tariff on steel and aluminium - has not been factored into the Fed's economic outlook, he did reveal that, "Our FOMC participants ...

Chief economist update: Plotting the dots

BENJAMIN ONG  |  MONDAY, 19 MAR 2018
... be four or more given the strengthening momentum in the US economy? Or less, given the general uncertainty emanating from Trump's White House? We'll soon find out. For it's also at this month's meeting that the Fed releases its FOMC projections for GDP ...

Chief economist update: She'll be right, mate!

BENJAMIN ONG  |  THURSDAY, 15 MAR 2018
... sharp fall in "economic conditions next 5 years", which possibly reflects concern over an ensuing global trade war following Trump's tariff increase announcement on steel and aluminium. Still, five years is a long, long time. Domestic and international ...

Chief economist update: The uncertainty that is Trump

BENJAMIN ONG  |  WEDNESDAY, 14 MAR 2018
... Charles Dickens, A Tale of Two Cities. It still is the best of times for the US economy for in spite of President Donald Trump's micro-management the S&P 500 index remains 3.4% in the green so far this year and 10-year bond yields have fallen from the ...

Tariff exemption a sigh of relief: Poll

KARREN VERGARA  |  MONDAY, 12 MAR 2018
Directly subjecting Australia to US President Donald Trump's proposed steel and aluminium tariffs would have been dire for the country's resources sector, according to more than half (63%) of respondents in Financial Standard 's weekly spot poll. Australia ...

Chief economist update: The art of the deal exemplified

BENJAMIN ONG  |  FRIDAY, 9 MAR 2018
And so it comes to pass. US President Donald Trump did what he promised he would. "Today I'm defending America's national security by placing tariffs on foreign imports of steel and aluminium...we will have a 25% tariff on foreign steel and a 10% tariff ...

Chief economist update: Australia cruising at low altitude

BENJAMIN ONG  |  THURSDAY, 8 MAR 2018
... December quarter. While the increase in imports confirms the strength of domestic demand (and potentially keep Australia out of Trump's protectionist radar, we hope), the drop in exports is worrying especially given the widespread recognition of a synchronised ...