2019-10-29 13:36:00 Tue ET
treasury deficit debt employment inflation interest rate macrofinance fiscal stimulus economic growth fiscal budget public finance treasury bond treasury yield sovereign debt sovereign wealth fund tax cuts government expenditures
The OECD projects global growth to decline from 3.2% to 2.9% in the current fiscal year 2019-2020. This global economic growth projection represents the slowest in a decade amid substantial economic policy uncertainty due to Sino-American trade conflict resolution, Brexit, and geopolitical risks and military confrontations in East Asia and some middle east countries such as Iran and Saudi Arabia etc. A major deterioration in global economic prognosis echoes similar concerns that monetary policymakers share in the period from the Jackson Hole summit to the recent U.S. FOMC press release.
As most central banks institute dovish interest rate cuts worldwide, monetary policy institutions may lack the important key levers and instruments to cope with the next global economic recession. As a Paris institution, the OECD further warns that a no-deal Brexit would likely push the U.K. economy into an economic recession due to both trade retrenchment and foreign capital exodus. Several OECD countries need to introduce fiscal stimulus from aggressive tax credits to fresh infrastructure expenditures in order to revive their economic prospects. These global economic developments can cause adverse ripple effects on exchange rate stabilization and asset price normalization for gold, oil, and other commodities.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-11-11 13:42:00 Sunday ET
Michael Bloomberg provides $80 million as campaign finance for Democrats to flip the House of Representatives in the November 2018 midterm elections, gears
2018-10-07 13:39:00 Sunday ET
The U.S. greenback soars in value as the Federal Reserve continues its interest rate hike. With impressive service-sector data and non-farm payroll wage gro
2023-05-31 03:15:40 Wednesday ET
The U.S. further derisks and decouples from China. Why does the U.S. seek to further economically decouple from China? In recent times, th
2023-03-21 11:28:00 Tuesday ET
Barry Eichengreen compares the Great Depression of the 1930s and the Great Recession as historical episodes of economic woes. Barry Eichengreen (2016)
2018-05-23 09:41:00 Wednesday ET
Many U.S. large public corporations spend their tax cuts on new dividend payout and share buyback but not on new job creation and R&D innovation. These
2018-11-29 11:33:00 Thursday ET
A congressional division between Democrats and Republicans can cause ripple effects on Trump economic reforms. As Democrats have successfully flipped the Ho