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Showing 461 - 470 of 2878 results for "The Economy"

Chief economist update: NIRP embedded in BOE forecasts

BENJAMIN ONG  |  FRIDAY, 5 FEB 2021
... over 2021, inflation rises towards the target." However, the Monetary Policy Report stressed that, "The outlook for the economy remained unusually uncertain. It depended on the evolution of the pandemic and measures taken to protect public health, as ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... Lowe's statement explains the method for the seeming "madness". Despite the optimistic growth outlook, he said: "The economy is expected to operate with considerable spare capacity for some time to come. The unemployment rate remains higher than ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... significant shift." "...a case can be made that such speculative outbursts could hasten the end of extraordinary policies as the economy eventually returns to something close to normal," Mr Porter said. "The conventional wisdom has been that the Fed's ...

Chief economist update: Taper talks are premature

BENJAMIN ONG  |  FRIDAY, 29 JAN 2021
... rate of 4.0% which is slower than market expectations for a 4.2% gain. In addition, the year-on-year growth rate in the economy continued to contract despite improving from -2.5% in the year to the December quarter from -2.8% in the September quarter ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
... the Australian central bank wouldn't be in a rush to lift interest rates soon despite its optimistic outlook on the economy backed by the rebound in GDP in the third quarter and the better than predicted fall in the country's unemployment rate. ...

Macquarie backs medical drone testing

ANNABELLE DICKSON  |  MONDAY, 25 JAN 2021
... sector. "We look forward to demonstrating the potential value of drone delivery of medical supplies for the public, NHS, the economy, social equality and for the aviation manufacturing industry in Scotland," he said. CAELUS will develop the ground infrastructure ...

Chief economist update: Virus now, inflation later

BENJAMIN ONG  |  MONDAY, 25 JAN 2021
... guidance. Powell in line with recent comments from officials including Governor Brainard, who said yesterday [19 January] the economy is far from hitting its dual mandate goals, while Vice Chair Clairda [sic] also said yesterday Fed won't start raising ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... the Australian economy. "At its future meetings, the board will closely monitor the effects of the bond purchases on the economy and on market functioning, as well as the evolving outlook for jobs and inflation," the RBA said. "The board is prepared ...

Chief economist update: USA Inc is under new management

BENJAMIN ONG  |  THURSDAY, 21 JAN 2021
... markets that the central bank would not raise interest rates soon unless it foresees rising inflation or imbalances in the economy. In her confirmation hearing, US Treasury Secretary nominee Janet Yellen declared that with interest rates at historic ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... 25 - a month and a bit after it was put in place. This, along with fiscal and monetary policy support, has allowed the economy to slowly recover. Japanese GDP surged at an annualised rate of 22.9% in the September quarter (from a 29.2% plunge in the ...