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Showing 471 - 480 of 1438 results for "Recession"

The Fed's aware of building imbalances

BENJAMIN ONG  |  TUESDAY, 28 NOV 2017
... levels of corporate debt because, importantly, financial sector leverage has declined substantially since the Great Recession. However, US government debt now stands at approximately 75% of GDP, and the present value of unfunded entitlements now stands ...

The BOJ's boring Halloween

BENJAMIN ONG  |  WEDNESDAY, 1 NOV 2017
... after the consumption tax was raised from 5% to 8% on 1 April 2014 - household spending dropped, the economy sank into recession ensued and deflation returned -- a repeat of the 1997 episode when the tax on consumption was lifted from 3% to 5% on the ...

As clear as it gets

BENJAMIN ONG  |  WEDNESDAY, 27 SEP 2017
... potentially creating an inflationary problem down the road that might be difficult to overcome without triggering a recession. Persistently easy monetary policy might also eventually lead to increased leverage and other developments, with adverse implications ...

PIMCO de-risks ahead of expected recession

ALEX BURKE  |  TUESDAY, 11 JUL 2017
... PIMCO global economic adviser Joachim Fels said the firm is gradually de-risking portfolios given the elevated risk of recession in the next three-to-five years. Fels explained that PIMCO is currently in risk reduction mode, adding: "Our focus is on ...

The 2016 Census as a guide

BENJAMIN ONG  |  TUESDAY, 27 JUN 2017
Australia was in the midst of a recession; total population was just a little bit over 17 million; median house prices in Melbourne was $80,000 (in Sydney it was $115,825); there was rarely a traffic jam on the streets and you could take your pick of ...

Just what the doctor ordered

BENJAMIN ONG  |  FRIDAY, 2 JUN 2017
... the Asian Crisis when it dropped from more than US$0.80 to below US$0.60. It deflected the fallout from the 2001 US recession and September 11 by depreciating from US$0.65 to below US$0.50. It cushioned the economy during the GFC when it dropped from ...

First of three (or more) coming next week

BENJAMIN ONG  |  TUESDAY, 7 MAR 2017
... rates rapidly sometime down the road, which in turn could risk disrupting financial markets and pushing the economy into recession... I therefore continue to have confidence in our judgment that a gradual removal of accommodation is likely to be appropriate. ...

A rate rise on the ides of March?

BENJAMIN ONG  |  THURSDAY, 16 FEB 2017
... the FOMC to eventually raise rates rapidly, which could risk disrupting financial markets and pushing the economy into recession". But how long a wait? "At our upcoming meetings, the Committee will evaluate whether employment and inflation are continuing ...

Christmas not spent

BENJAMIN ONG  |  TUESDAY, 7 FEB 2017
... and, along with the very strong trade results - confirmed earlier views that Australia isn't heading for a technical recession (i.e., the September quarter's 0.5% contraction wouldn't be followed by another). Retail turnover volume expanded by 0.9% in ...

J.P. Morgan bullish on several asset classes

DARREN SNYDER  |  MONDAY, 6 FEB 2017
... important for the global story, is predicted to grow at about 2% this year. She did warn that J.P. Morgan's modeling shows recession probabilities in the US, but this is beyond the next two to three years. She said China has stabilised with policy support ...