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Economics

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
European Central Bank president Christine Lagarde is improving on Mario Draghi's "whatever it takes" mantra.

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
The US Fed has made it clear it considers inflation transitionary. But, could inflation continue to accelerate even after the base effects are washed out of the stats?

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
While many, if not most, of its central bank peers - led by the Fed - are pushing back against inflation concerns, the Bank of Japan (BOJ) cannot seem to drive growth in the country's consumer prices significantly beyond zero.

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
US economic momentum has shifted gears. While the headline figures paint a dreary picture, latest stats show more businesses bouncing back and wages growing.

Chief economist update: Home sweet home

BENJAMIN ONG  |  MONDAY, 7 JUN 2021
The Australian property market is booming and, with interest rates to stay low and prices expected to keep rising, home is where the money is.

Chief economist update: A delicate balancing act

BENJAMIN ONG  |  FRIDAY, 4 JUN 2021
With the outlook for oil remaining fluid and uncertain, OPEC has decided production will increase from July.

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
Is Australia back on top? March quarter ABS data suggests so, with annual GDP growth now well above that of the US, UK, Japan and Eurozone.

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.