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Showing 621 - 630 of 1882 results for "GDP"

Chief economist update: ECB sees low rates for longer

BENJAMIN ONG  |  TUESDAY, 16 JAN 2018
... This also implies that the region no longer needs a cheap euro to support the economy. The annual growth in Eurozone real GDP accelerated from 2.4% in the June 2017 quarter to a six-year high of 2.6% in the September 2017 quarter. In its December meeting ...

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
... autos) accelerated to a year-on-year rate of 6.3% from 6.2% in November, indicating a solid contribution to fourth quarter US GDP growth. To put this in perspective, the three-month moving average in core retail spending sped up to 5.7% (year-on-year) ...

Chief economist update: Bond sell bomb shell

BENJAMIN ONG  |  THURSDAY, 11 JAN 2018
... for one reason behind his negative view." CNBC completes the rational for Gross' bearish bond stance: "Rising nominal U.S. GDP that will stoke inflation, reduced purchases from global central banks, and higher budget deficits in the US." True that and ...

Pre-Christmas delivery

BENJAMIN ONG  |  THURSDAY, 21 DEC 2017
... percent. I think you can go to 5 percent or 6 percent". Good, better and best but there's just one problem with this. Annual GDP growth of 4% or 5% or 6% implies that the economy would be growing above its potential - the economy's maximum sustainable ...

Ho ho hum MYEFO

BENJAMIN ONG  |  TUESDAY, 19 DEC 2017
... the improvement in the country's budget deficit forecast for 2017-18 - from the expected deficit of A$29.4 billion (1.6% of GDP) in May to A$23.6 billion (1.3% of GDP) in yesterday's MYEFO - and a cumulative total decrease in the deficit of A$9.3 billion ...

Expecting the expected

BENJAMIN ONG  |  MONDAY, 18 DEC 2017
... expected, the European Central Bank (ECB) kept monetary policy settings unchanged. The Eurosystem staff projects annual real GDP growth of 2.4% in 2017, 2.3% in 2018 and 1.9% in 2019. "Compared with the September 2017 ECB staff macroeconomic projections ...

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
... latest National Accounts figures showed that household consumption only contributed 0.1 percentage point to third quarter GDP growth, down from the 0.5 percentage point it added in the June quarter. More up-to-date data on retail spending - a subset ...

Three is the magic number

BENJAMIN ONG  |  THURSDAY, 14 DEC 2017
... presidents of Chicago (Evans) and Minneapolis (Kashkari) even voted against a rate hike this month. This because although GDP growth and the unemployment rate turned out better than predicted in the Fed's summary of economic projections in December 2016 ...

Un-Keynesian

BENJAMIN ONG  |  TUESDAY, 5 DEC 2017
... as a result. Reports had it that the tax cut would cost the government US$1 trillion versus the benefit of a 0.8% lift in GDP over the same period. Looked at this way, this looks... well, not good tidings. Still, were comparing dollar signs with percentages ...

All up and all together now

BENJAMIN ONG  |  MONDAY, 4 DEC 2017
... the third quarter of this year but if current indications are on the ball, the fourth quarter will be better. Year-on-year GDP growth rates in the US, the Eurozone, Japan, the UK and India all accelerated in the September quarter from the previous one. ...