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Showing 551 - 560 of 1882 results for "GDP"

Life insurance sector strengthens

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
... with gross policy revenue increasing by 6.6% to $24.7 billion in the year to March 2018 - equating to 1.4% of Australia's GDP. Industry profitability "substantially increased" in the period with after-tax profit from risk products increasing by $627 ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
... potential fall-out from Brexit. The BOE only made marginal adjustments to its growth and inflation projections in August: GDP growth is forecast at 1.4% this year (1.4% in May) before lifting to 1.8% in 2019 (1.7% in May) and 1.7% in 2020 (unchanged). ...

Chief economist update: A new currency is born

BENJAMIN ONG  |  TUESDAY, 21 AUG 2018
... has largely contributed to the economy's 13.2% contraction in 2017 that followed the previous year's 16.5% drop in GDP. A new currency is born. On the 17th of August, President Maduro announced that the ironically named "strong bolivar" would ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... the OCR could be down rather than up. This is because as printed in the August Monetary Policy Statement: "The decline in GDP growth over the past year suggests momentum in the economy may have eased." Factset data shows that New Zealand's annual ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
... remains optimistic. The MPC's updated growth and inflation projections are broadly the same as in the May Inflation Report: GDP growth is forecast at 1.4% this year (1.4% in May) before lifting to 1.8% in 2019 (1.7% in May) and 1.7% in 2020 (unchanged). ...

Chief economist update: Boom in the USA

BENJAMIN ONG  |  MONDAY, 30 JUL 2018
... households to go on a spending splurge on both discretionary and non-discretionary items and durable and non-durables. Recall that GDP = C+I+G+(X-M). That is, consumer spending plus investment plus government expenditure plus net exports. All of them ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
... investment and exports" would now have a larger impact. After slowing 2.3% in the year to the March quarter, the BOC expects GDP growth to "pick-up to 2.8% in the second quarter and a moderation to 1.5% in the third" for an "average growth of close to ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
... financial manager Bill Gross said the Taylor rule "must now be discarded into the trash bin of history," in light of tepid GDP growth in the years after 2009. Gross believed low interest rates were not the cure for decreased growth, but the source of ...

EM bonds attractive despite pullback: Eaton Vance

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
... in the US, we have low but rising inflation as the Federal Reserve unwinds its balance sheet and gradually hikes rates. US GDP growth has been slow and steady, averaging around 2% the past few years," she said. "In EM, the picture is quite different. ...

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... between 1% and 2% if the current ructions escalate into a full-blown trade war. There goes Trump's "So we're at 3.3% GDP [Q3 2017]. I see no reason why we don't go to 4%, 5%, and even 6%." POTUS certainly would have read the US Chamber of ...