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Showing 41 - 50 of 358 results for %22OECD%22

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... purchase program". As expected, it lifted Australia's GDP growth forecast to 4.75% this year - now in line with both the OECD and IMF's latest projections - from 3.5% it predicted in its February statement. This stronger economic growth would ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
"It's not time to make a change Just relax, take it easy..." - Cat Stevens This is the US Federal Reserve's message to the markets at the conclusion of its April FOMC meeting in its efforts to calm concerns over rising inflation expectations ...

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
... to coronavirus controls on their normal activities. This optimism is collectively embodied by upward revisions in the 'OECD Economic Outlook, Interim Report March 2021' - "Global GDP growth is now projected to be 5.6% this year, an upward revision ...

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
Copper prices continue to rally and indications are it won't be long now until it recaptures the US$10,000 a tonne record it reached 10 years earlier. At the current price of US$9,415.00, copper's only 5.9% away and won't be long till it ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
... rather positive outlook". This is backed up by recent upgrades to the Eurozone's economic growth outlook by both the OECD and the IMF. The OECD's March 2021 "Interim Outlook Forecasts" has Eurozone GDP growing by 3.9% this year - up from 3.6% ...

Chief economist update: Fourth wave threatens Olympics, growth outlook

BENJAMIN ONG  |  THURSDAY, 8 APR 2021
The way it's (not) going for Japan, recent upgrades to its 2021 economic growth made by the OECD and the International Monetary Fund might need to be toned down or even reversed to a downgrade at their next outing. The OECD's March 2021 "Interim ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
"Come on, Barbie, let's go party"... until 2024. In Reserve Bank of Australia (RBA) parlance: "The board is committed to maintaining highly supportive monetary conditions until its goals are achieved. The board will not increase the cash rate until ...

MySuper fees could halve in 10 years

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... fees. "Australia's superannuation system has long been considered to be a well-priced system charging fees around the OECD median. This has fuelled the view that superannuation fees in Australia are competitive and that we should be wary of the never-ending ...

Chief economist update: Chinese manufacturing ramps up

BENJAMIN ONG  |  THURSDAY, 1 APR 2021
Activity in China's manufacturing and non-manufacturing sectors returned with a vengeance after a brief pause during the country's Lunar New Year holidays. National Bureau of Statistics (NBS) data show that China's manufacturing PMI rebounded ...

Chief economist update: BOJ has no plans to ease easing

BENJAMIN ONG  |  TUESDAY, 30 MAR 2021
The Bank of Japan (BOJ) kept monetary policy settings at its March meeting - short-term key interest rate at minus 0.1% and the target for the 10-year Japanese government bond yield at around 0%. It also pledged that it "will continue with Quantitative ...