Through years
of weak economic growth, up - and - down stock markets and miserable returns on cash savings, the housing market has delivered for Canadians by making them wealthier.
Poloz's main argument for leaving interest rates low is that the obvious damage from an extended period
of weak economic growth outweighs the hypothetical risk of a housing bust.
The Government was able to convince Canadians in the election that making new investments and going into deficit was the right thing to do in an environment
of weak economic growth.
He said some analysts have suggested the country may be facing a long period
of weak economic growth.
Canada has posted
some of its weakest economic growth outside of a recession over the past couple of years in part because business investment sunk along with the price of oil.
What we have seen over the last several cycles is a sustained pattern
of weaker economic growth (see Exhibit 2) and a strong tendency toward disinflation — meaning inflation that is persistently low or trending lower.
When the yield curve flattens, it usually reflects expectations of lower short - term interest rates in the future, a signal
of weaker economic growth or lower inflation.
Not exact matches
Looser fiscal policy in the near - term while demand is
weak with the major cuts pushed to the back
of the forecast when
economic growth is likely to improve.»
Add an anemic projected
economic growth of 0.5 % next year, due to the
weak rube, and Ukraine - related sanctions, and Russian consumers may be pulling back on everything from Pepsi to Hugo Boss suits.
«If you look at seasonality
of [
economic]
growth, the first quarter has been
weak for seven or eight straight years,» says Rick Rieder
of BlackRock.
Our sense is that in light
of the oil shock and
weak economic growth recorded in Canada this past year, the SEPH is likely telling the more accurate story, meaning we could see employment as measured by the LFS slow significantly during the first half
of 2016.»
«But let's face it, at the end
of the day, with
weak economic growth they all want their currencies to weaken and not all
of them can do that.»
So when
economic growth slows because
of weak investment, trade slows disproportionately.
Recent work at the Bank
of Canada and elsewhere shows that about half
of the slowdown in trade
growth among advanced economies in the post-crisis period can be explained by
weak economic activity, especially sluggish business investment.
We expect the Fed to raise rates just once this year — likely in December — and to proceed cautiously given the unevenness
of the domestic
economic recovery, as highlighted by
weak retail sales data released last week, and global
growth uncertainties.
The real issue that was not addressed in the budget is the absence
of any
economic engine to spur a recovery in
growth in 2014 and beyond, The household sector is deep in debt; housing construction has stalled; companies lack confidence and are not investing; the federal and provincial governments are in serious restraint mode; and the export sector is
weak and deteriorating.
Loose monetary policy has artificially inflated stock prices despite
weak economic growth, he said, adding: «Instead
of buying low and selling high, you're buying high and crossing your fingers.»
And for most Pakistanis... the most important problems they struggle with are corruption,
weak representative institutions, and poor
economic growth; the drone program is only a small part
of their overall anger, most
of which is directed toward their own governments.
As many investors know, although an extreme lack
of growth is generally associated with
weak markets, outside
of recessions there is a very
weak relationship between stock market performance and
economic growth.
Emerging market currencies have been hit by a sell - off in the first week
of trading this year after
weak economic data in China rekindled worries over global
growth and halted trading on Chinese equity markets on two days.
1) Lower
economic strength in light
of the diminished medium - term
growth outlook, constrained by foreign currency shortages, high inflation, lower public sector spending and a
weak banking system.
Looking further into the year, the September FAD only has a communique (and will be in the middle
of the federal election campaign) while the October FAD is arguably too late to respond to
weaker economic growth through the middle
of the year.
The main drivers
of the first - half performance were solid
growth in the combined New Zealand properties, offset by reduced turnover in the international business, continued competitive and
economic pressures in Darwin and a
weaker Australian dollar, the company said.
2016.06.10 Canadian
economic activity erratic through 2016: RBC Economics As the Canadian economy contends with softer than expected exports,
weak business investment and effects
of the Alberta wildfires, real GDP
growth in 2016 is forecast to be 1.4 per cent...
Gold climbed on Friday, ensuring a monthly gain
of more than 1 %, as data showing
weak U.S.
economic growth weighed on the dollar.
Economic growth in the UK was broadly supported by consumer confidence and exports reinforced by a weaker pound sterling, with the easing of credit conditions leading to credit growth, loose fiscal policy and global economic
Economic growth in the UK was broadly supported by consumer confidence and exports reinforced by a
weaker pound sterling, with the easing
of credit conditions leading to credit
growth, loose fiscal policy and global
economiceconomic growth.
In contrast, Germany has been one
of the
weakest economies in the region, recording no
growth in the June quarter, although there are a number
of indications that
economic conditions are now improving.
Weak economic conditions in the past couple
of years have seen
growth in labour costs slow to 2 1/2 per cent over the year to the December quarter, from 3 1/2 per cent a year earlier.
Conditions have also contributed to a declaration from the International Monetary Fund's (IMF's) managing director, Christine Lagarde, that global
economic growth this year is likely to be
weaker than the IMF's July forecast
of 3.3 %.
«One
of the reasons why
economic growth has been
weaker in this expansion than others is a lack
of government spending now I think that in the short - term negative in the long run I think a move in resources from the government sector to the private sector is positive but it takes a while for that to manifest itself in stronger overall GDP
growth».
Despite this, many observers expected tapering to start in September 2013, and the fact it didn't was blamed on
weak economic data and the fear
of growth being slowed by the oncoming government shutdown and debt ceiling discussion.
First, if
growth did not recover and surprise on the upside (in which case high asset prices would be justified), eventually slow
growth would dominate the levitational effects
of liquidity and force asset prices lower, in line with
weaker economic fundamentals.
Asian stock markets fell Thursday as
weaker - than - expected orders for U.S. durable goods, falling commodities prices and signs
of slower
economic growth in Britain kept investors at bay.
Will the
economic uncertainty again put more pressure on body politic to do something for those people that are feeling the impact most acutely
of that
weaker growth prospect?
Over time, the stock market has reached new records, powered by
economic and earnings
growth.2 We expect both to continue: The domestic economy is picking up a little speed, helped by improving
growth in the rest
of the world, and company earnings have benefited from better sales, the
weaker dollar and still - low interest rates.
But states at the bottom
of the ladder aren't doomed to
weak growth and a lack
of economic vitality.
Overall, the compensation picture remained at the better end
of experience in this recovery, but historically
weak for periods
of economic growth and recovery.
The country's banking sector is vulnerable, however, because
of its heavy reliance on wholesale funding, Tuvey says, «There have been large deposit withdrawals, and credit
growth will remain
weak after having been the main driver
of economic growth.»
The current US recovery, which is now tied for the third - longest on record, has also been the
weakest economic expansion since World War II, with an average annual
growth rate
of just 2 % over an 8 - year period.5 It may not take much to derail such tepid
growth, particularly in light
of continued high expectations.
Issues
of ecological justice, and justice to the
weaker sections
of society and specifically development
of social institutions can not be taken up by the economy directed only by the market - profit mechanism in which the social objectives
of the peoples are destroyed for the sake
of economic growth.
A recovery in the value
of dairy products, New Zealand's biggest export, may bolster the nation's
economic growth and make the central bank wary
of cutting interest rates much further to boost
weak inflation.
Living standards are falling, productivity
growth is
weak, and the economy has, in fact, been flat over the last year,» Philip Booth, editorial drector at the Institute
of Economic Affairs, said.
Ben ten Brink, researcher at the Planbureau voor de Leefomgeving (PBL): «This scenario is conceivable for regions that face a combination
of impactful developments, such as strong population
growth, poverty, climate change, a
weak economic system and a feeble government.
The actions
of these «hostile neighbors» have severe consequences for
weak states in terms
of security,
economic growth and human well - being.
Strong global
economic growth and a
weaker dollar are boons for large multinationals, which derive more
of their profits overseas.
The current US recovery, which is now tied for the third - longest on record, has also been the
weakest economic expansion since World War II, with an average annual
growth rate
of just 2 % over an 8 - year period.5 It may not take much to derail such tepid
growth, particularly in light
of continued high expectations.
However some market participants prefer the lower volatility
of gold and the safety it may provide in this environment
of a
weak financial sector, uncertain
economic growth and political unrest.
why the emerging markets (EM) have been so
weak over the past few years and the implications
of anemic
growth in the EM, both in terms
of economic output and corporate profits
But
weak commodity prices have slowed its
economic growth and the controversial leadership
of former president Jacob Zuma has zapped business confidence.
The pace
of global
growth moderated, primarily driven by
weaker economic activity indicators in Europe.