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Showing 51 - 60 of 505 results for "Economic outlook"

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... taper. Taper or "slowed somewhat", the BOE's announcement is backed by its sharp upgrade to the country's economic outlook: "New COVID cases in the United Kingdom had continued to fall, the vaccination programme was proceeding apace, and restrictions ...

ANZ profits up 45%, dividends double

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
... provision charge of $187 million. "Despite the ongoing uncertainty, the CP release is a result of the improving economic outlook over the course of the half, as well as some loan volume reductions. Home loan and small business consumers have also behaved ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... largely temporary and that "The ongoing public health crisis continues to weigh on the economy, and risks to the economic outlook remain." But Bob Kaplan begged to disagree (and he knows what he's talking about). In a virtual conference with the ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... prior corresponding period, mainly due to an impairment benefit reflecting improved asset quality and a better economic outlook. Notable items were also lower. We improved balance sheet strength, with our Common Equity Tier 1 capital ratio rising 153 ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... largely temporary and that "The ongoing public health crisis continues to weigh on the economy, and risks to the economic outlook remain." "The path of the economy will depend significantly on the course of the virus, including progress on vaccinations." ...

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
... 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 of more than ...

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
... pandemic restrictions, vaccine roll-outs and continued fiscal and monetary policy support. In its latest World Economic Outlook (WEO) released in April, the International Monetary Fund (IMF) predicted world GDP to expand from -- 3.3% last year to 6.0% ...

Chief economist update: RBNZ keeps policy steady on unsteady outlook

BENJAMIN ONG  |  THURSDAY, 15 APR 2021
... for Lending Programme (FLP) conditions. While the New Zealand central bank cited the improvement in the global economic outlook - and the attendant benefit the country gets from rising commodity export prices - and hopes that the planned Trans-Tasman ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
Just like the myth of Europa, Eurozone equities are riding on the back of a bull. Eurozone equities soared to their highest levels in 13 years. The VStoxx index - the Eurozone's fear gauge dropped to 13-month lows. Lucky 13. The Euro Stoxx-50 index ...

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 ...