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Showing 1 - 10 of 1778 results for %22US GDP%22

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... and falling company cashflows are the biggest risks to the downside," Birtles said. He also noted that with 1.5% annual real GDP growth in 2023, Australia experienced its third worst annual reading in 30 years, worse than during the GFC, but ahead of ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... year, with more to come in 2025. "That is despite recent upside inflation surprises as well as upward revisions to both its GDP growth and inflation forecasts. This is a Fed that wants to reduce interest rates," Principal Asset Management chief global ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... contribution rate for their entire working life," Dunn said. "At this point the scale of the system (assets as a proportion of GDP) will no longer grow unless there are material system changes." By 2048, assets as a proportion of GDP will have grown ...

Super funds captivated by equities: Research

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... is followed by Switzerland (36%), South Korea (27%), Japan (25%), and Hong Kong (14%). Australians' nest egg pitted against GDP also increased drastically, with the ratios for Australia, Switzerland, South Korea and Japan jumping 37, 36, 27 and 24 percentage ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
Two of the world's major economies fell into recession at the end of 2023. The UK's gross domestic product (GDP) fell 0.3% in the fourth quarter of last year following a contraction of 0.1% in September quarter, according to the Office for National ...

Aussies want advice from their super fund: CFS

CHLOE WALKER  |  TUESDAY, 23 JAN 2024
... Australians over the past 12 months. The number one financial term, "equity", had an average of 9700 monthly searches, followed by "GDP", which was searched an average of 6000 times per month. The term "correlation" came in at number three, searched ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... This approach has led to a decrease in deficits and public debt projections, with gross debt expected to peak at 35.4% of GDP in 2027-28 before declining. "We will avoid $145 billion over 12 years to 2033-34 in interest costs on the debt we inherited ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... from an A-grade system." With superannuation balances forecast to increase from 116% of Australia's gross domestic product (GDP) in 2022-23 to about 218% by 2062-63, becoming the primary source of retirement income for many future retirees, the lack ...

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
... budget package, finance minister Michael McGrath said laws will be introduced to mandate the government annually invest 0.8% of GDP into the new fund between 2024 and 2035. In 2024, this will be €4.3 billion. With an additional initial seed investment ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... run of consecutive rate hikes, the Monetary Policy Committee (MPC) noted a 0.5% decline in the UK's gross domestic product (GDP) in July. The Bank's internal forecasts now anticipate only a marginal uptick in GDP for Q3 2023. Underlying growth for the ...
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