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Economics

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
Forget John Maynard Keynes. Forget David Ricardo. A new economic sheriff is in town and his name is Donald J. Trump.

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
The big news overnight comes courtesy of the Bank of Japan or rather speculations (again) that it's discussing possible changes to its looser-than-loose monetary policy.

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
The Canadian central bank lifted its key overnight interest rate by 25 basis points on July 11 to 1.25% - the highest level since 2008 and the second hike this year - despite judging that "trade uncertainty on Canadian investment and exports" would now ...

Chief economist update: A pretty picture of the labour market

BENJAMIN ONG  |  FRIDAY, 20 JUL 2018
A pretty-ful set of numbers have unsurprisingly triggered a little bit of RBA rate hike speculation.

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
Trump could either ramp up his war on trade or eventually succumb to economic dynamics.

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
The Fed funds' interest rate is at the Goldilocks level - not too hot and not too cold.

Chief economist update: Crude oil slips

BENJAMIN ONG  |  TUESDAY, 17 JUL 2018
Despite the temporary factors that supported the climb in crude oil, prices remain in line with current supply and demand fundamentals.

Chief economist update: Weak wages a puzzle, could become a problem

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
Nominal US wages growth of 2.7% in the year to June translates to negative 0.2% in real terms (from negative 0.1% in May) when measured against the headline CPI and 0.4% (from 0.5%) less than the core CPI measure.

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
Recent history shows the effectiveness of the Australian dollar depreciation in shielding the domestic economy from worries galore.

Chief economist update: Fed funds at five point O

BENJAMIN ONG  |  TUESDAY, 10 JUL 2018
The Fed funds rate was around 5%-5.25% the last time the US labour market was this good.