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Showing 1 - 10 of 100+ results for "IMF"

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG  |  MONDAY, 21 JUN 2021
... Chinese premier Li Kequiang 2021's GDP growth target of over 6%. This compares with consensus expectations - market, the IMF and the OECD - for China's economy to grow by 8.0% this year. The distortions wrought by the coronavirus pandemic to ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
The Reserve Bank of Australia's (RBA) May the fourth Board meeting would have been a ho-hum event had it not been for the month of July. As expected, the RBA left monetary policy settings unchanged - "including the targets of 10 basis points for ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... "annualised growth rate" - the rate that would be 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 ...

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
Browse through recent monetary policy statements released by many central banks around the world and you'll notice a central theme - economic recovery starting this year powered by vaccinations, eased restrictions (in some countries), adaptation ...

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
... and monetary policy support. In its latest World Economic Outlook (WEO) released in April, the International Monetary Fund (IMF) predicted world GDP to expand from -- 3.3% last year to 6.0% in 2021 and 4.4% in 2022 -- representing a 0.5 and 0.2 percentage ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
... 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% it forecast ...

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 ...

Chief economist update: Chinese manufacturing ramps up

BENJAMIN ONG  |  THURSDAY, 1 APR 2021
... on "the release of pent-up demand and a quicker-than-expected resumption of production and exports". In the same month, the IMF predicted China's economy to expand by 8.1% this year due to "effective containment measures, a forceful public investment ...

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
... on "the release of pent-up demand and a quicker-than-expected resumption of production and exports". In the same month, the IMF predicted China's economy to expand by 8.1% this year due to "effective containment measures, a forceful public investment ...
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