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Showing 421 - 430 of 1882 results for "GDP"

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... higher inflation. This is consistent with the RBA's forecasts in its November 'Statement on Monetary Policy" (SoMP) - GDP growth of 2.75% in 2020 and inflation of 1.75% (and of course, that footnote where it assumes another 25bps cut in interest ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
... estimates - economics, after all, is an inexact science because of the thousand and more factors that go into producing a single GDP growth number. As 2020 rolls on, we could find the OECD upgrading Australia's growth forecast in line with the RBA ...

Chief economist update: Cloudy 2020 vision for OECD

BENJAMIN ONG  |  FRIDAY, 22 NOV 2019
... forecast in May 2019) this year and 3.0% (down from 3.4%) in 2020. The Institution's latest report (November) has world GDP growth downgrade another notch to 2.9% by the end of the 2020, warning that: "Growth could be weaker still if downside risks ...

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
... -- the first cut since 2016 - and at the same time injecting CNY400 billion (US$56.94 billion) in the system. With Chinese GDP growth straddling the lower bound of its 6%-6.5% target - it grew by 6% in the year to the September quarter - the PBOC has ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
... According to MARTIN's scenario analysis: "A sustained 5% depreciation of the exchange rate is expansionary for the economy. GDP growth is roughly half a percentage point higher than in the central forecasts over the forecast period." " The increase ...

Chief economist update: Lower iron ore a boon to the Aussie budget

BENJAMIN ONG  |  THURSDAY, 14 NOV 2019
... sensitivity analysis that showed: "An increase of US$10 per tonne FOB in the iron ore price results in an increase in nominal GDP of around $6.3 billion in 2019-20 and over $13 billion in 2020-21. Similarly, a decrease of US$10 per tonne FOB in the iron ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
... the general economy...... and explains that: "A sustained 5% appreciation of the exchange rate would be expected to lower GDP growth by 1/2 percentage point on average relative to the central forecasts, keep the unemployment rate at around 51/4 per cent ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... These agreements are expected to remove some of the uncertainty facing businesses and households, and the MPC projects that UK GDP growth will pick up during 2020," BOE said. Then again, the BOE's is prepared for the worst and is ready to act if ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... Jean-Claude Trichet as ECB chief on 1 November 2011, the single currency region's economy was heading into a recession. Annual GDP sequentially slowed from a high of 2.8% in the March quarter of 2011 into a 1.2% contraction two year later (March ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... and QE otherwise? Latest business and consumer sentiment surveys are down and the IMF has recently slashed Australia's GDP growth forecasts by 0.5 percentage points to 1.7% this year and by 0.4 pps to 2.3% in 2020. That's way more than the 0.2 ...