Economics
Chief economist update: The RBI surprises (again)
BENJAMIN ONG  |  MONDAY, 25 FEB 2019
The slowing trend in inflation should have alerted financial markets that the Reserve Bank of India would do as it did - cut the repo rate by 25 basis points to 6.25%.
Australia ahead in gender diversity
KARREN VERGARA  |  MONDAY, 25 FEB 2019
Australia's commitment to making gender diversity on boards a serious business imperative and without government intervention has made it a standout from other countries. And financial services led the way.
Chief economist update: Nerves of steel
BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
Westpac chief economist Bill Evans is pencilling in two RBA 25 basis point rate cuts this year, to which I can only say he has nerves of steel.
Chief economist update: Cut it, cut it now
BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
No RBA, growth in wages have remained stagnant - and that's just for the lucky few. The unlucky ones have, in effect, seen their incomes eroded by inflation (thank goodness prices haven't increased by much).
Chief economist update: BOJ exit last year, BOJ easing this year
BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
The Japanese currency needs to depreciate more to aid the Bank of Japan's efforts at bringing inflation up to its 2% target.
Chief economist update: Where sentiment goes, there too is spending
BENJAMIN ONG  |  MONDAY, 18 FEB 2019
Despite its monthly ups and downs, the University of Michigan's three major indices of consumer sentiment have flatlined over at least the past two years.
Chief economist update: Is the US about to join the global slowdown club?
BENJAMIN ONG  |  FRIDAY, 15 FEB 2019
The Fed's pause and the recovery in US equities (so far this year) should help entice American consumers back into the shops.
Chief economist update: Unchanged RBNZ stance would force it to change stance
BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
The appreciating NZ currency would, by extension, compound the "risk of a sharper downturn in trading-partner growth," putting downward pressure on the domestic economy and shift the central bank into a dovish stance.
Royal Commission will worsen credit crunch: Poll
KARREN VERGARA  |  TUESDAY, 12 FEB 2019
The current credit crunch will deepen as a result of the financial services Royal Commission's final recommendations, Financial Standard's latest spot poll shows.
Ideas give insight to opportunity: Vanguard
HARRISON WORLEY  |  TUESDAY, 12 FEB 2019
Vanguard global chief economist and global head of investment Joe Davis said the world economy was down but not out, and would avoid recession.
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