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Showing 421 - 430 of 696 results for "GDP growth"

Taylor rules the RBA just right

BENJAMIN ONG  |  TUESDAY, 3 FEB 2015
... rate, r* is the "natural" real interest rate, pi is the rate of inflation, pi* is the target inflation rate, y is real GDP growth, and y* is the potential output growth. Substituting numbers for the letters: current cash rate is 2.5%; "natural" real ...

China growth as Li likes it

BENJAMIN ONG  |  WEDNESDAY, 21 JAN 2015
... year, "experts" have been predicting a hard landing in China's economy. That "hard landing" was first thought of to be GDP growth of 8% and below - the rate that would cause massive unemployment that, in turn, would stir "social unrest". But when growth ...

That other surprise

BENJAMIN ONG  |  TUESDAY, 20 JAN 2015
... and 7.8% from December 2013. This would represent a certain contribution to fourth quarter growth, indicating that GDP growth would re-accelerate from the 5.3% posted in the third quarter - after weakening from the 5.7% rate in the June quarter - going ...

Auld lang syne

BENJAMIN ONG  |  MONDAY, 12 JAN 2015
... of 'em than suppliers. For instance, Bloomberg printed a chart produced by Oxford Economics showing "the effect on GDP growth in 2015-16 of oil at $40 a barrel vs. $84" on a number of countries (I counted 45 countries on the chart). The result? It would ...

The Grinch is stealing Christmas

BENJAMIN ONG  |  TUESDAY, 9 DEC 2014
... weakest pace of expansion since July of last year. The survey data suggest the region is on course to see a mere 0.1% GDP growth in the final quarter of the year, with a strong likelihood of the near-stagnation turning to renewed contraction in the New ...

ECB came bearing no pre-Xmas cheer

BENJAMIN ONG  |  FRIDAY, 5 DEC 2014
... necessary yet. Better yet, not necessary yet? Despite all the stimulative measures so far, the ECB staff now predicts real GDP growth of 0.8% in 2014, 1.0% in 2015 and 1.5% in 2016. "Compared with the September 2014 ECB staff macroeconomic projections ...

Australia's confidence recession

BENJAMIN ONG  |  THURSDAY, 4 DEC 2014
... disappointment, more so because of the negative 0.5 percentage point contribution of private investment to overall GDP growth. RBA Governor Glenn Stevens might have to do more to awaken Australian businesses "animal spirits" and make them drink. But ...

The recession we're wishing to have

BENJAMIN ONG  |  WEDNESDAY, 3 DEC 2014
... statistician will today release its estimate on how the economy did in the third quarter. Consensus expectations are for real GDP growth of 0.7% in the quarter and 3.1% over the year. We should be shouting and singing glory, glory hallelujah and dancing ...

Minute slip on Wall Street

BENJAMIN ONG  |  THURSDAY, 20 NOV 2014
... its forecast for the September FOMC meeting was close to expectations, and therefore, the staff's projection for real GDP growth over the remainder of the year was little revised. However, in response to a further rise in the foreign exchange value of ...

Forward guidance at its best

BENJAMIN ONG  |  THURSDAY, 13 NOV 2014
... and confidence falling back." Not us. The UK economy is still growing nicely, thank you very much. The BOE left its GDP growth forecast at 3.5% this year and tempered it a bit to 2.9% in 2015 (from 3.0% predicted in the August Quarterly Inflation Report) ...