Group items tagged

This article illustrates the relationship between the pound and the Australian dollar, as well as the pound and the New Zealand dollar. The article states that "the Pound to Australian Dollar median forecast is for 1.8300 GBP/AUD in 8 months" and the latter exchange rate is "predicted to reach 2.1200 GBP/NZD in 8 months."

Silvia Liu, UBS economist, stated that "deteriorating terms of trade had been the norm for Taiwan since 2000" but that "the nation's terms of trade... have seen a welcome reversal since late 2012."

Bank of America Merrill Lynch expects Taiwan's GDP growth to be 2.9 percent this year. This is higher than the 1.26 percent recorded last year, but lower than forecasts of between 3.5 percent and 4.23 percent by other institutes.

The primary reason unemployment remains high is a lack of demand. An aggregate demand shortfall is exactly the kind of problem monetary policy can address. Thus, we need powerful and continuing monetary stimulus to move toward maximum employment and price stability. The following is adapted from a presentation by the president and CEO of the Federal Reserve Bank of San Francisco to The Forecasters Club in New York, New York, on February 21, 2013.

The article is talking about India is projected to grow by 6 per cent in the current fiscal while growth is expected to be steady in most of the Asia Pacific economies.It, however, cautioned that a weaker global risk appetite and a poor monsoon would pull down growth to around 5 per cent in 2013-14 fiscal. In India, poor monsoon seasons would pull growth down to around 5 per cent in 2013 and would reach 6.5 per cent.India's growth forecast has been lowered to 6 per cent in 2013 and 6.7 per cent in 2014 on weaker consumption and exports.

The expenses are rising (decreased supply) but the demand is still the same. Therefore, elasticity decreases.