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Economics

Chief economist update: Dan defeats second wave

BENJAMIN ONG  |  TUESDAY, 22 SEP 2020
Harsh as it may be, the resurgence of cases of coronavirus infections in Europe supports Dan Andrews' cautious approach towards re-opening.

Chief economist update: Yoshihide and the yen

BENJAMIN ONG  |  MONDAY, 21 SEP 2020
In addition to eroding Japan's export competitiveness and dragging growth, a higher yen - spurred by a European second wave - could put downward pressure on the nation's already very low/negative inflation.

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
It wasn't supposed to go this way. Given the lockdown in Melbourne and most closed-border policy in most states, financial markets and economists were correct in expecting further deterioration in the domestic labour market. But they were wrong.

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
The fed funds rate could remain at near zero beyond 2023.

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
While the People's Bank of China remains on alert, recent activity stats are easing pressure on both China's fiscal and monetary authorities.

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
The Reserve Bank of Australia (RBA) said there are signs of weakness in domestic economic conditions and a high level of uncertainty, when the board met for its September meeting.

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
Prime Minister Suga has very big shoes to fill in Shinzo Abe who unexpectedly resigned on August 28 for health reasons.

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
Global economic activity has thawed from the deep freeze that plagued almost the entire planet earlier this year.

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
This made sense given the positive tweak in the latest ECB staff macroeconomic projections for the single currency region.

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
Just in time for the Southern Hemisphere spring season, latest surveys showed both business and consumer confidence in Australia springing back up.