Sentences with phrase «own economic forecasts»

By educating yourself on the general state of the economy, what decisions are being made at the national level, and how economic forecasts might affect your industry, you can put yourself a step ahead of others.
Stephen Innes, head of trading for Asia - Pacific at futures brokerage Oanda in Singapore said a «beaming economic forecast along with stout compliance from OPEC (to withhold production) is providing convincing support.»
It will be staying in the low - for - longer club — likely into 2017, based on current economic forecasts.
Policy makers released new economic forecasts last week that predict prices will rise 0.4 % in 2015, compared with the Fed's annual inflation target of 2 %.
Paul is a recipient of the annual Lawrence R. Klein award for the most accurate economic forecast over a four - year period among the approximately 50 participants in the
Economic forecasting group EY ITEM Club said Monday that it expects the British economy to expand by 1.6 percent in 2018 and 1.7 percent in 2019.
The BOJ's new economic forecasts showed this week core consumer prices will fall 0.2 percent in the current fiscal year and up 0.4 percent for the next fiscal year starting from April.
Analysts at TD Securities said they expected the statement and updated economic forecasts from policymakers to take a hawkish tilt that emphasizes every meeting will be «live» for a possible hike.
About half of the Fed's 17 policymakers factored a fiscal stimulus into their economic forecasts published in December, according to minutes from the Fed's December policy meeting.
The index also uses economic forecasts for 2030, the approximate time when children born next year will reach adulthood.
Finding clarity despite the stormy economic forecast requires two things: perspective and control.
A significant portion of the TSC hearing focused on Haldane's now famous Fish comment, as well as broader issues with economic forecasting — something that has come to the fore in the UK since economists were almost unanimously wrong in their predictions about the immediate impact of Brexit on the British economy.
Haldane had previously said that economic forecasting could be improved by using more data, just as weather forecasting has improved in the 30 years since the 1987 storm.
Instead of the usual economic forecasts, look at sales figures at key retailers and public - opinion polls.
That said, most analysts aren't expecting major developments that will significantly shake up economic forecasts or financial bets.
There are more than three quarters of a million franchise establishments in the U.S., according to an International Franchise Association's U.S. economic forecast for 2014.
Ashworth and his colleagues, on the other hand, recently raised their economic forecast for next year based on the outlook for some sort of Trumpian stimulus.
On Wednesday, the bank also posted new economic forecasts with the release of its latest monetary policy report.
Hopefully Budget 2016 will contain cautious and realistic economic forecasts for the next five years.
The economic forecasts in the budget will be a little less interesting this year as in late February the Department of Finance released a set of forecasts in their Canadian Economic Outlook (CEO).
Using data from the Bureau of Labor Statistics, Kiplinger and economic forecasting group EMSI analyzed 785 popular US jobs.
Yes, a clutch of weighty organizations have recently lowered their economic forecasts for global growth, but the IMF and the OECD had already cut their outlooks in 2013 and again early in 2014.
Canada's central bank will release revised economic forecasts this week.
On Wednesday, following two days of talks, the Fed will release updated economic forecasts, a «dot plot» of the projected path of rates, and a policy statement at 2 p.m., all capped off by a press conference by Yellen at 2:30 p.m..
While most economic forecast reflect a 3 % to 5 % decline in worldwide GDP for 2009 we have applied a 20 % discount to tourism traffic for 2009 to 400,000 visitors.
Deloitte Access Economics offers a full suite of economic advisory services including economic forecasting, modelling, analysis and advisory services to help our clients plan for the future, understand the implications of major decisions, and navigate the complexities of economic policy.
Table 1 compares the June 2011 Budget economic forecast for nominal Gross Domestic Product (GDP), adjusted for prudence, to the November 2011 Update forecast.
The Bank of Canada updates and explains its economic forecasts on a quarterly basis.
We gather some of the country's top financial minds and ask them to share their economic forecasts and predictions for Greater Vancouver, British Columbia, and Canada.
«Looking forward, a healthy global economic forecast for 2018, positive car sales data in recent months, stronger 2018 yea - on - year U.S. product consumption in January and potentially tighter global product markets are expected to boost gasoline and distillates demand...,» OPEC said.
Our investment strategies are based partially on Peter Schiff's personal economic forecasts which may not occur.
Table 3 shows the changes in the average private sector economic forecasts for nominal GDP (the most applicable tax base for budgetary revenues), and for short - and long - term interest rates, from the first estimate of the deficit to the final outcome.
As we have argued before (Time to Make the Budget Planning Process More Accountable, Transparent and Prudent — November 2010 www.3dpolicy.ca), we would strongly recommend that you use the Department of Finance's economic forecast rather than average of private sector forecasts, arguing that the Department's economic forecasts provide the most accurate basis for budget forecasting.
Although PBO does not include the details of their economic forecasts in their Updates, they are available upon request.
The economic forecast he uses for this Update should be based on the «realistic» assumption that the two critical assumptions will not be fulfilled.
PBO did not have time to incorporate these revisions into its economic forecast, given its fixed date for release.
Short - term economic forecasting is difficult enough but uncertainty about economic prospects usually increases, not decreases, over the medium term.
In a periodic update of its economic forecast, the Washington - based institution warned that the measures taken in Europe have not done enough to quiet markets and restore growth.
Unfortunately, budget forecasts do not provide a breakdown of the various components of nominal GDP, such as wages and salaries, corporate profits, interest income, etc., so it is difficult to properly assess the impact of changes in the economic forecast to changes in the major components of budgetary revenues.
Although PBO surveys private sector economists on a regular basis, the economic forecasts used for their updates, since June 2011, are based on PBO's assessment of future economic developments and not those of the private sector economists.
We strongly support these recommendations, although we would prefer that the Government use the Department of Finance's internal economic forecasts and publish the assumptions and methods used to translate these into its fiscal forecasts.
They include upwards revisions in economic forecasts, expectation of monetary tightening, rising real and nominal long - term interest rates, fiscal stimulus on a huge scale in a full employment economy, rising protectionism that should choke off import flows, and tax reform directed at reducing capital outflows and increasing capital inflows.
However, only in 2009 - 10 do the errors in the economic forecast account for a significant portion of the error in the residual deficit forecast.
The PBO questioned the extent of the upward revisions to the March 2012 Budget deficit forecasts, given the projected downward revisions to the economic forecast.
The economic forecast was cautious and there is room in the budget for things to slide a bit.
These include publishing: • Historical estimates and medium - term projections of the economy's potential GDP, as well as the methodology and assumptions used; • Medium - term projections of the Government's structural, or cyclically - adjusted budget balance as well as the methodology and assumptions used; • The assumptions, projections and methods to translate the private sector economic forecasts into its fiscal forecasts; and • The fiscal sustainability analyses of the provincial - territorial government sector that it prepared.
That means clarity about the objectives of monetary policy, how the Fed plans to meet those objectives in light of the economic and financial market environment, and how it formulates its responses to unforeseen circumstances that lead to revisions to its economic forecast.
The Update incorporates the October average private sector economic forecasts and an increased «adjustment for risk» for 2011 - 12 to 2013 - 14, as well as an increase in employment insurance rates of only 5 cents (employee rate) for 2012, rather than the 10 cents set in legislation As a result, the balanced budget target is delayed from 2014 - 15 to 2016 - 17, prior to the inclusion of the Targeted Strategic and Operating Review Savings (now called «Deficit Reduction Action Plan Saving Target»).
Table 1 compares the November 2012 Update economic forecast for nominal Gross Domestic Product (GDP)-- the applicable base for budgetary revenues - to the March 2012 Budget forecast.
To do this I received permission from ECRI, an economic forecasting service, to use a set of recession dates they've created for 20 countries.
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