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Showing 891 - 900 of 2567 results for "Economist"

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
The odds that the Reserve Bank of Australia (RBA) will cut interest rates to a new record low of 1.25% from the current all-time bottom of 1.5% when its Board meets on the first Tuesday of June intensified after the Australian Bureau of Statistics' ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... training industries, as was the case in the previous March quarter." That's Australian Bureau of Statistics (ABS) Chief Economist Bruce Hockman take on the results of the Wage Price Index (WPI) report that showed wages - total hourly rates of pay ...

Chief economist update: Japan becomes collateral damage in US-China trade war

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2019
In any war, there's bound to be those that are caught in the crossfire and others treated as collateral damage. The global stock market rout that developed as a result of the renewed "little squabble" (as Trump recently put it) between the US and ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... a second half lift in global growth is at risk and worse. According to Gregory Daco - Oxford Economics' chief US economist: Imposing tariffs on all U.S.-China trade would reduce global gross domestic product by 0.5 percent by 2020... if the bilateral ...

Chief economist update: The (trade) war is back on

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
"If it weren't for the last minute, nothing would get done." - Rita Mae Brown. This famous quote might be true in general, but it certainly didn't apply to the 11th hour, last minute trade negotiations between the United States and China on ...

Chief economist update: Countdown to T-day

BENJAMIN ONG  |  FRIDAY, 10 MAY 2019
... tariffs on all U.S/China trade would reduce global gross domestic product by 0.5% by 2020, Oxford Economics chief U.S. economist Gregory Daco said in a research note Thursday, adding: "if the bilateral tensions spiral into a full-blown global trade war ...

Chief economist update: Same challenges, differing reactions

BENJAMIN ONG  |  THURSDAY, 9 MAY 2019
Deemed the sexiest accent in the world by 'Big 7 Travel', it would have been better (dare I say, sexier) that instead of a printed statement, Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr verbally delivered the news that: "The Official ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
Nothing. Nada. Zilch. Despite high expectations that it would leading up to its May Board meeting, the Reserve Bank of Australia (RBA) didn't only NOT cut the official cash rate - it kept it unchanged at a record low 1.5% - it also maintained its ...

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... in the banks' remediation burden that will put cost-to-income ratios under increasing pressure," Dring said. EY chief economist Jo Masters said Australia's economy has lost considerable momentum, reflecting a softer housing market. "It seems inevitable ...

Chief economist update: The tweet that reignited the trade war

BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
Once again, US President Donald Trump proved to the entire planet that the only thing predictable about him is his unpredictability. With just two tweets, POTUS reignited hostilities (and perhaps an escalation) of the US-China trade war, spooking financial ...