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Showing 61 - 70 of 695 results for "GDP growth"

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... bond purchases to £3.4 billion a week between May and August, from £4.4 billion based on revised estimates for GDP growth to expand by 7.25% -- the fastest rate since World War II - this year from the February 2021 estimate of 5.0% and for the ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
... 2021 on the back of weaker domestic consumption and poor tourist arrivals during the peak summer season, it predicts GDP growth to accelerate to 3.9% by late 2022 that, in turn, would turn the output gap from negative to a big positive. This is supported ...

Chief economist: The path to normality

BENJAMIN ONG  |  TUESDAY, 18 MAY 2021
... the previous month and 6.2% in February 2020. At any rate, it appears that China will hit this year's target of "GDP growth of over 6% for 2021" - a low target compared with consensus expectations for around 8.0% growth.

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... over the next three years around 10% of their additional accumulated savings." How much stronger? The bank now expects GDP growth of 7.25% - the fastest rate since World War II - this year from the February 2021 estimate of 5.0%. Likewise, the BOE now ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
... introducing QQE with Yield Curve Control and Negative Interest Rates in 2016. But I digress. While the BOJ upgraded its GDP growth forecasts in its April 2021 Outlook report - 4.0% in 2021 (from 3.9% predicted in January 2021) and 2.4% (from 1.8%) - ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... parameters of the Term Funding Facility and the government bond 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 ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... registered if the quarterly change were maintained for a full year - both the IMF and the OECD's most recent 2021 US GDP growth forecasts are on the ball, at 6.4% and 6.5%, respectively. The conventional year-over-year measure also provides reason ...

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
... 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 1 percentage point from the December OECD Economic ...

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
... revised projections are in line with the OECD's assessment (released a month earlier) where it predicts global GDP growth to expand by 5.6% this year, an upward revision of 1.4 percentage points from its December 2020 forecast. Because of the red ...

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

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... agencies. The IMF's 'World Economic Outlook April 2021' report (released overnight) upgraded Australia's GDP growth to 4.5% this year from 3.5% forecast in January 2021 and 3.0% predicted in October 2020. This is in line with the OECD's ...