The Pulse The impact of the COVID‐19 pandemic on the global economy has been profound, especially in emerging, low income economies with limited health care capacity.
The Pulse Key economies have so far avoided a resurgence in COVID‐19 cases, but the World Health Organisation warned it continues to spread rapidly in some regions.
The Pulse Shutdowns, isolation, and social distancing measures have had a profound impact on consumer-facing sectors and have resulted in large spikes in unemployment. Central banks around the world have embarked on unprecedented emergency lending and bond buying programs to combat the economic effects of the coronavirus.
The Pulse The US economy is generally performing well, although recent GDP and PMI figures indicate growth is slowing, and February’s payroll numbers disappointed. Much of the bad news coming from China appears to have been priced in, with markets largely unperturbed by the latest downward move in China’s growth target. Markets appeared satisfied with […]
The Pulse US economic growth moderated in the September quarter but is underpinned by strong consumer spending growth. The IMF recently downgraded its forecast for global economic growth, partly reflecting the US-China trade war. In Australia, business conditions remain relatively robust while labour market conditions continue to show signs of underlying strength. Chinese GDP grew […]