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Showing 1 - 10 of 33 results for "World War II"

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... August, from Ã,£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 unemployment rate to peak at 5.5% later this year - as significant ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... 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 forecasts the unemployment rate to peak at 5.5% ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... support but that Biden's proposal is excessive. "There is a chance that macroeconomic stimulus on a scale closer to World War II levels than normal recession levels will set off inflationary pressures of a kind we have not seen in a generation. I worry ...

Chief economist update: Escape from Victoria

BENJAMIN ONG  |  FRIDAY, 7 AUG 2020
... FY 2019/2020, projecting it to grow to A$184.5 billion (9.7% of GDP) this fiscal year - the biggest deficit since World War II. It'll now be bigger than Ben Hur. Then again, for those who forgot, the JobKeeper programme's blowout to A$102.2 billion ...

Chief economist update: Australian outlook under COVID-19

BENJAMIN ONG  |  FRIDAY, 24 JUL 2020
... FY 2019/2020, projecting it to grow to A$184.5 billion (9.7% of GDP) this fiscal year - the biggest deficit since World War II. Then again, nary an Australian is faulting the government of the day for this. Without the government's pandemic fiscal ...

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... public debt reaching its highest level in recorded history, at over 100 percent of global GDP, in excess of post-World War II peaks. "The ongoing COVID-19 pandemic has already prompted an unprecedented fiscal policy response of close to $11 trillion ...

Chief economist update: Equity market disconnect

BENJAMIN ONG  |  WEDNESDAY, 10 JUN 2020
... with their own domestic outbreaks". As per the World Bank report: "This would be the deepest global recession since World War II, and almost three times as steep as the 2009 global recession. The forecast assumes that the pandemic recedes in such a way ...

Chief economist update: Powell blamed for fall on Wall Street

BENJAMIN ONG  |  THURSDAY, 14 MAY 2020
... "The scope and speed of this downturn are without modern precedent, significantly worse than any recession since World War II. We are seeing a severe decline in economic activity and in employment, and already the job gains of the past decade have been ...

Economic impact worst since WWII: Research

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The economic impact of the COVID-19 pandemic is the biggest shock to the Australian economy since World War II, according to Roy Morgan. New analysis from the research house confirms Australia is facing the biggest single hit to its economy and workforce ...

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG  |  THURSDAY, 9 APR 2020
... population are restricted by the constitution, which was effectively imposed on Japan by the United States after World War II." And, according to The Guardian: "...stems in part from bitter memories of civil rights abuses during the days of militarism ...
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