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Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
Just as expected, the Reserve Bank of Australia kept rates unchanged at its meeting yesterday. But next month is shaping up to be a whole different affair.

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
The OECD predicts global GDP to grow by 5.8% this year and by 4.4% in 2022, but there are a lot of frictions to be navigated, it warns.

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
The country hasn't fully opened yet but easing restrictions, an increased rate of vaccinations and stronger consumer and business spending have combined to speed up the UK's recovery.

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
But Australia is now in a better place compared with the lockdowns of days past.

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
No ifs, ands or buts about it - Australia's economic revival has come and will be strengthened by additional spending and continued monetary policy accommodation by the Reserve Bank of Australia.

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
Latest statistics from Markit Economics shows the global recovery is heating up. However, so is inflation. But are these merely transient pressures, or a sign of things to come?

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
The acceleration in inflation provides a good omen for wages growth, particularly for those whose pay increases are tied to CPI. Then again, rising consumer prices relative to wages growth could spell trouble.

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
Is Australia getting so much of a good thing in the way of consumer confidence that a bad thing like rising inflation could be on the way?

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
Fears over inflation eased at the start of last week after the US Bureau of Labor Statistics revealed disappointing labour market figures.

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
The Federal Reserve Bank of St. Louis president believes inflation is going to rise above target for the first time in many years. So what can we expect the Federal Reserve to do about it?