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Economics

Chief economist update: Euro's uptrend is a downtrend risk

BENJAMIN ONG  |  FRIDAY, 2 FEB 2018
As Draghi explained: "Downside risks continue to relate primarily to global factors, including developments in foreign exchange markets."

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
Without a significant lift in wages to push inflation higher, there also wouldn't be sufficient demand to pull consumer prices up.

Chief economist update: The spook on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 31 JAN 2018
Whether last night's happenings were the worst since Brexit or August or September, the real question is will this continue and start a downward sloping trend on Wall Street.

Chief economist update: Build, build, and build some more

BENJAMIN ONG  |  TUESDAY, 30 JAN 2018
In spite of Duterte's animosity towards the west, he's embraced John Maynard Keynes' prescription, using government spending to "build, build, and build."

Chief economist update: The angel in the details

BENJAMIN ONG  |  MONDAY, 29 JAN 2018
The US economy had been expected to slow in the fourth quarter of 2017...but not this slow.

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
America would be beggaring its neighbours. Their appreciating currencies would, in time, dampen the growth momentum that's now making its round across the globe. Their low inflation would become lower even more.

Chief economist update: No stealth tapering, no exit strategy...yet

BENJAMIN ONG  |  WEDNESDAY, 24 JAN 2018
QQE with yield control is here to stay as long as it's necessary to "achieve the price stability target of 2%" and "stays above target in a stable manner."

Money managers eye household debt

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
In an environment where interest rates are on the path to return to normal levels, economist Saul Eslake wonders whether global markets can continue to play ignorant indefinitely.

Chief economist update: The good news and the good news

BENJAMIN ONG  |  FRIDAY, 19 JAN 2018
Australian employment and Chinese GDP growth have returned better-than-expected results.

Chief economist update: Consumers don't spend on confidence alone

BENJAMIN ONG  |  THURSDAY, 18 JAN 2018
What do consumers do when they're happy and more confident? They go shopping of course.