Economics
Chief economist update: European Central Bank policy U-turn
BENJAMIN ONG  |  FRIDAY, 8 MAR 2019
Central banks across the world are backpedaling on key policy measures.
Australia in effective recession: Academic
KANIKA SOOD  |  THURSDAY, 7 MAR 2019
Australia's 27-year-old track record of avoiding recession is coming to an end as yesterday's ABS numbers show the economy is already in effective recession, according to the University of New South Wales.
Chief economist update: Cash rate should be 1%
BENJAMIN ONG  |  THURSDAY, 7 MAR 2019
According to the Taylor Rule, an economic forecasting model, Australia's cash rate should at 1%.
Chief economist update: A capitalist in communist clothes
BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
China has announced more policy stimulus measures to stem its slowing economy.
Chief economist update: How would you vote if seated at the RBA Board?
BENJAMIN ONG  |  TUESDAY, 5 MAR 2019
Financial markets expect the RBA to do nothing this month but expectations further out have changed from steady to a cut in the official cash rate.
Chief economist update: Time to pig out on China shares?
BENJAMIN ONG  |  MONDAY, 4 MAR 2019
Reports that MSCI will raise China's weighting in its indices by more, and sooner, will prompt fund inflows into Beijing.
Chief economist update: US economic growth is slowing and accelerating
BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
US economic growth both slowed and accelerated in the final quarter of 2018 depending on what measurement of US GDP growth rate is used.
Chief economist update: Wrong way, go down
BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
The Australian/US dollar exchange rate is up 1.3% this year despite all the bearish forecasts. In other words, it's headed in the wrong direction.
Chief economist update: The Fed has hit neutral
BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2019
The US Federal Reserve has reached neutral - the "neutral interest rate" level, that is - the Goldilocks state of monetary policy where it is neither accommodative nor restrictive.
Chief economist update: Trump tweets bull market back into China
BENJAMIN ONG  |  TUESDAY, 26 FEB 2019
China's Shanghai Composite Index spiked 5.6% yesterday after US President Donald Trump used his fingers to do the talking.
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