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Showing 461 - 470 of 2864 results for "Outlook"

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... taper. Taper or "slowed somewhat", the BOE's announcement is backed by its sharp upgrade to the country's economic outlook: "New COVID cases in the United Kingdom had continued to fall, the vaccination programme was proceeding apace, and restrictions ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
... decided to keep current settings unchanged at its April meeting. Ever the optimist, the BOJ summarised its view in its "Outlook for Economic Activity and Prices (April 2021)" report, saying: "Although the level of Japan's economic activity, mainly ...

ANZ profits up 45%, dividends double

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
... provision charge of $187 million. "Despite the ongoing uncertainty, the CP release is a result of the improving economic outlook over the course of the half, as well as some loan volume reductions. Home loan and small business consumers have also behaved ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... this year and around 41/2 per cent at the end of 2022". It all seems to be cut and dried. With the domestic economy's outlook getting betterer and betterer - despite the end of the JobKeeper - the RBA, along with the Federal government - cannot be ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... president and chief executive of the Federal Reserve Bank of Dallas. While the US Federal Reserve was waxing optimistic on the outlook for the general economy at the conclusion of its 27-28 monetary policy deliberations, it cautioned that, "The path ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... prior corresponding period, mainly due to an impairment benefit reflecting improved asset quality and a better economic outlook. Notable items were also lower. We improved balance sheet strength, with our Common Equity Tier 1 capital ratio rising 153 ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... largely temporary and that "The ongoing public health crisis continues to weigh on the economy, and risks to the economic outlook remain." "The path of the economy will depend significantly on the course of the virus, including progress on vaccinations." ...

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
... contribute to its growth renaissance, it'll also reduce Australia's budget deficit. In its Mid-Year Economic and Fiscal Outlook (MYEFO) handed down in December 2020, the Treasury forecast that iron ore prices will drop to US$55.0 per tonne by ...

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
... controls on their normal activities. This optimism is collectively embodied by upward revisions in the 'OECD Economic Outlook, Interim Report March 2021' - "Global GDP growth is now projected to be 5.6% this year, an upward revision of more than ...

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
... pandemic restrictions, vaccine roll-outs and continued fiscal and monetary policy support. In its latest World Economic Outlook (WEO) released in April, the International Monetary Fund (IMF) predicted world GDP to expand from -- 3.3% last year to 6.0% ...