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Showing 71 - 80 of 384 results for "OECD"

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 ...

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... returning to pre-pandemic normal. So much so, that in its 'Economic Outlook' March 2020 quarter interim report, the OECD upgraded Australia's 2021 GDP growth forecast by 1.3 percentage points to 4.5%. With the Reserve Bank of Australia (RBA) ...

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
The iron ore price has fallen by more than 4% over the past two weeks which, according to reports is due to concerns over further reduction cuts in Tangshan - China's top steel-producing city - under its anti-pollution plan. But akin to previous ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
GDP growth of over 6% for 2021. Chinese premier Li Kequiang announced this target growth rate at the opening of the fourth session of the 13th National People's Congress (NPC) in Beijing on March 5. Many a time, China's annual economic growth ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... economy has contracted less sharply than its peers and has rebounded stronger relative to its peer, later confirmed by the OECD 'Economic Outlook' March 2020 quarter interim report. Sure, US GDP growth received the biggest upgrade from the OECD ...