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Showing 61 - 70 of 662 results for "GDP growth"

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
... with monetary and fiscal stimulus measures - have saved the Chinese economy from falling into a technical recession; GDP growth rebounded by 11.5% in the June quarter (3.2% year-on-year), more than offsetting the 10% contraction (minus 6.8% y-o-y) in ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... than they were pre the coronavirus pandemic and the negative impact it's having on the US and world economies. US GDP growth plunged at an annualised rate of 32.9% in the June 2020 quarter on top of the 5.0% drop in the first quarter. The latest ...

Chief economist update: Could COVID-19 dissenters be correct?

BENJAMIN ONG  |  TUESDAY, 4 AUG 2020
... splattered in the headlines: From the Australian Financial Review: Victoria's stage four lockdown to shrink national GDP growth Victoria's lockdown to result in extra 250K job losses Victorian small businesses doubt they can survive latest lockdown ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... given the relative deviations of inflation (1.25% average of trimmed mean and weighted median) from target (2.0%-3.0%), GDP growth (1.4% in Q1 2020) from potential (2.75%) and the neutral cash rate (1.25%), the nominal official cash rate should now be ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
... policy stimulus measures) has already produced kind results. It has saved the economy from a technical recession - GDP growth rebounded by 11.5% in the June quarter (3.2% year-on-year), more than offsetting the 10.0% contraction (minus 6.8% y-o-y) in ...

Chief economist update: Australian outlook under COVID-19

BENJAMIN ONG  |  FRIDAY, 24 JUL 2020
... provided calendar year forecasts, comparing apples with apples, the OECD's economic outlook report puts Australian GDP growth (or should I say contraction) this year only second smallest to South Korea among the G20 - 5.0% (single hit); 6.3% (double-hit). ...

Aussie equities stage recovery

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... drop by 4.9% this year, after an estimated expansion of 2.9% in 2019. The OECD was more pessimistic, forecasting world GDP growth to contract between 6.0% (under a single-hit scenario) and 7.6% (under a double-hit scenario). The report said monetary ...

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... believes these numbers are only going to worsen. "Clearly, Victoria changes the economic picture; it's going to defer GDP growth, it is going to hurt unemployment," he said. "And so the risk of higher provisions and bad debts for the banks has also ...

Chief economist update: The post-pandemic problem

BENJAMIN ONG  |  THURSDAY, 2 JUL 2020
... by 4.9% this year (after an estimated expansion of 2.9% in 2019). The OECD was more pessimistic, forecasting world GDP growth to contract between 6.0% in 2020 (under a single-hit scenario) and 7.3% (under a double-hit scenario). As such, central banks ...

Chief economist update: This rebound is brought to you by the letter V

BENJAMIN ONG  |  MONDAY, 29 JUN 2020
... projections, the Eurozone will come out on top in the year 2021. The OECD expects the single currency region's GDP growth to advance by 6.5% (single-hit scenario) or by 3.5% (double-hit) - outperforming the OECD's growth average of 4.8% (singel-hit) ...