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Search ResultsShowing 1 - 10 of 100+ results for "GDP growth"
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
... 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 at around ...
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
... 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 and fiscal ...
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) ...
Chief economist update: Premature easing will cost more lives, more rupiahs
BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
... and 3.35%, respectively. India's stringent lockdown measures has taken its toll on the already slowing economy - GDP growth slowed from 5.7% in March 2019 to 4.1% in December - before the pandemic to 3.1% in the year to the March quarter of 2020. ...
Chief economist update: Still the best and better than all the rest
BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
... Economic Outlook, June 2020' update reinforces the luck of Australians (sorry Ireland). The IMF its 2020 world GDP growth forecast by 1.9 percentage points (from its April 2020 prediction) to 4.9, with the contraction in all G7 economies revised ...
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