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Showing 31 - 40 of 437 results for %22US consumer confidence data%22

Chief economist update: Australians not confident enough

BENJAMIN ONG  |  THURSDAY, 13 FEB 2020
... profits decline that, in turn, lead to freezes pay hikes and/or hiring before a roundtrip back to declines in consumer confidence and spending. Perhaps, the RBA's three rate reductions last year have yet to filter through into the general economy ...

Super fund PDSs to include single cost of product figure

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... coming months to ensure industry has a disclosure framework that provides transparent, comparable information and promotes consumer trust and confidence in the financial services system."

FSC, ISA face off over APRA heat map

HARRISON WORLEY  |  MONDAY, 18 NOV 2019
... step to ensuring consumers have the information they need to be able to look at different funds and products, and have confidence they are comparing apples with apples," Dean said. "Too many Australians are still missing out on hundreds of thousands ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... (year-on-year) to a reading of 131.8 in October - don't portend good tidings and explain the persistent weakness in consumer confidence and retail spending.

ACCC to probe rate cut decisions

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
The Australian Competition and Consumer Commission (ACCC) has been directed by the government to immediately establish an inquiry into the behaviour of Australia's banks when it comes to passing on interest rate cuts. Announcing the inquiry on this ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... ahead of the consumption tax hike, or a bit of both. However, forward indications are not so good. Japanese consumer confidence dropped to an eight-year low of 35.6 in September, marking the 22nd straight month of decline since peaking at 44.6 in November ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... frog. Contrast this with the "frog dropped in boiling water" during the Great Recession of 2007 to 2009 - when consumer confidence dropped sharply in the same 14-month period (from a high of 123.9 in May 2007 to 79.0 by July 2008) - the frog was dropped ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... "Employment declines for fourth month running during August". As for inflation, the annual rate of growth in headline consumer prices (HICP) have decelerated to 1.0% in July from 1.3% in the previous month, with the core inflation rate similarly easing ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... improved from 2 in June to 4 in July (albeit still below its long-run average of 6). The Westpac/Melbourne Institute consumer sentiment index increased by 3.6% to a reading of 100 - optimists level pegging with pessimists - in August from 96.5 in the ...

Chief economist update: The UK is not OK

BENJAMIN ONG  |  MONDAY, 12 AUG 2019
... liquidity and the cost of borrowing that's the UK's problem. The problem is the dent on business and consumer confidence caused by uncertainties from Brexit and US-China trade tensions.