Are developed economies facing “secular stagnation”?

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Larry Summers, former economic adviser to the White House and Harvard professor, was Barack Obama’s first pick to be the new head of the Federal Reserve. Democrats blocked his ascension... Read more continue reading

The US reinvents itself, yet again!

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Key points The US economy is yet again reinventing itself. This has been helped along by a determination to get the US economy moving again after the global financial crisis... Read more continue reading

Weekly market & economic update – week ending 21 February, 2014

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Investment markets and key developments over the past week Global shares had a mixed week as investors digested the 5% or so rebound since early February amidst weather affected US... Read more continue reading

Threadneedle Investments raises GDP forecast for developed world and sees opportunities in emerging markets following market correction

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Threadneedle Investments has raised its 2014 GDP forecast for developed economies as a result of the strengthening global economic recovery. The company’s US forecast has increased from 2.5% to 2.7%... Read more continue reading

Slowest wage growth on record

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Wage price index Wages rose by 0.7 per cent in the December quarter. Annual growth of wages eased from 2.7 per cent to a record low of 2.6 per cent (series... Read more continue reading

CBA Economics: RBA’s neutral policy bias reiterated in Board minutes

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The February Board minutes reiterated the RBA’s neutral policy bias that was evident in the February Statement on Monetary Policy. The QIV Wage Price Index data (released Wednesday 19 February)... Read more continue reading

Weekly market & economic update – week ending 14 February, 2014

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 Investment markets and key developments over the past week Shares rose over the past week thanks to a combination of soothing comments from Janet Yellen, good Chinese trade data, talk... Read more continue reading

Benign Chinese inflation placates investors

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Chinese inflation data Chinese annual inflation: Producer prices fell by 1.6 per cent in the year to January (median forecast was for 1.7 per cent decline). Consumer prices rose by 2.5... Read more continue reading

Job losses but grounds for optimism

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Labour force Jobs down: Employment fell by 3,700 in January after a revised 23,000 loss in jobs in December (previously reported as a 22,600 decrease in jobs). Full-time jobs fell by... Read more continue reading

CBA Economics: Consumer sentiment falls to its lowest level since May last year

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Consumer Sentiment – February 2014 Consumer sentiment fell by 3% in February to its lowest level since May last year. Sentiment declined for a third month in a row as... Read more continue reading