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Showing 481 - 490 of 1882 results for "GDP"

Chief economist update: ECB digs deeper

BENJAMIN ONG  |  FRIDAY, 5 APR 2019
... lending conditions and the smooth transmission of monetary policy". This is in response to the ECB staff's downgrade of its GDP growth projections to 1.1% this year and 1.6% in 2020. This compares with the previous forecasts of 1.7% this year (lowered ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... will have to wait until next fiscal year for the underlying cash balance to turn from a deficit of A$4.2 billion (-0.2% of GDP) this year to a surplus of A$7.1 billion (+0.4% of GDP) in FY 2019/20 before rising to 0.5% and 0.8% of GDP over the following ...

Australia back in the black

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... Australia's budget is back in the black after 12 years, as the Treasurer estimates a surplus of $7.1 billion or 0.4% of the GDP for 2019-20. Federal Treasurer Josh Frydenberg said the Government will put the surplus towards getting rid of the net ...

Chief economist update: China stitches it in time

BENJAMIN ONG  |  TUESDAY, 2 APR 2019
... these measures at the opening of the National People's Congress on March 5 simultaneous with his revelation of a lowered GDP growth target from 6.5% to 6.0%-6.5% this year. China's GDP growth slowed to 6.4% in the year to the December 2018 quarter ...

Chief economist update: No credit to the RBA

BENJAMIN ONG  |  MONDAY, 1 APR 2019
... provides a significant signpost for economic direction. Household consumption, after all, accounts for around 60% of Australian GDP. In all of its policy statements since I can remember, the RBA had always said "the main domestic uncertainty continues ...

Chief economist update: The Fed should act now

BENJAMIN ONG  |  FRIDAY, 29 MAR 2019
... financial crisis/Russian debt default/LTCM collapse at the time. The US economy was still doing swell, thank you very much. US GDP grew by 4.9% in the year to December 1998, non-farm payrolls were growing at around 2.5% in the same year and inflation ...

Chief economist update: Japan should raise taxes another day

BENJAMIN ONG  |  WEDNESDAY, 27 MAR 2019
... October 2019. I could understand Tokyo's impatience over getting more revenue to pay its ballooning debt - which at 253% of GDP (as at 2017) is the highest in the world - but each time it tries to go one step forward, it takes two steps back. Japan's ...

India Avenue fund distribution boosted

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... sustainable corporate earnings growth, driven by India's demographics, it is likely that India's stock market will benefit. India's GDP is now twice that of Australia's and is growing at a much more rapid pace than Australia and the rest of the developed ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... economic outlook. This is no better depicted than by the recent National Accounts update showing the slowdown in Australian GDP growth - to 2.3% in the December 2018 quarter (the slowest since the September 2016 quarter) - from 2.7% in the third quarter ...

Chief economist update: Breaking up is hard to do

BENJAMIN ONG  |  THURSDAY, 14 MAR 2019
... despite expectations of the UK's divorce from the European Union, Britain's economy continues to do A-OK. Sure, UK GDP growth has slowed but which G7 economy hasn't over the past year? Not only that, data shows that as Q4 2018, the British ...