The Future Fund and its contribution to Australia’s economic status

MELBOURNE, Victoria, Australia, November 30, 2017 – Australia’s Future Fund is a government-owned investment fund of Australia. The fund’s capital revenue emanates from the excess financial plan invested by the government of Australia. The Fund currently possesses nearly $60 billion of property, as stated by the Sovereign Wealth Fund Institute. In the year 2006, the government… Please follow and like us:

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GDP expected to top 80 trillion yuan this year, NDRC chief says

China’s GDP is expected to exceed 80 trillion yuan ($12.08 trillion) this year, with a growth rate possibly higher than the annual target of around 6.5 percent, the chairman of the National Development and Reform Commission said on Saturday. It means the annual growth from last year will reach more than 6 trillion yuan, an increment… Please follow and like us:

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Fed rate hike remains uncertain after Harvey, Irma

Two hurricanes slammed into the United States within two weeks, taking a bite out of economic growth, and adding to doubts about the potential for a third interest rate hike this year. The Federal Reserve is widely expected to leave interest rates untouched after the two-day policy meeting this week, but economists are split on whether… Please follow and like us:

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British inflation jumps, pushing pound to one-year dollar high

Britain’s annual inflation rate accelerated in August, mainly on rising prices for motor fuels and clothing, official data showed on Tuesday, sending the pound to a year-high versus the dollar. The Consumer Prices Index (CPI) 12-month rate jumped to 2.9 percent in August compared to 2.6 percent in July, the Office for National Statistics said in… Please follow and like us:

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Fed powerless to deal with inflation

Is more inflation desirable? Those at the Federal Reserve seem to think so, and they have explicitly said their target is 2 percent, or about double the current level. Why would they argue for a further erosion of the purchasing power of the dollar? It is on the misguided belief (i.e., the long-discredited Phillips Curve) that… Please follow and like us:

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Consumer prices rise for first time in three months, but inflation rate remains low

WASHINGTON — Consumer prices increased in July for the first time in three months as Americans paid more for food, but the modest hike kept annual inflation still running low, the Labor Department said Friday. The 0.1 percent price increase last month was less than the 0.2 percent rise that analysts had forecast. The new data… Please follow and like us:

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Monetary policies likely to tighten to fight economic risks

Monetary policies are expected to become relatively tight in the second half of this year, as fending off financial risks has become a greater challenge than stabilizing growth, said economists and analysts. They spoke ahead of the release of second-quarter macroeconomic data, scheduled for Monday. The change may mean less monetary liquidity in the market, as… Please follow and like us:

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Economic Impact Of Amazon-Whole Foods Deal May Be Limited

Earlier this month, Amazon announced that it was acquiring Whole Foods Market for $13.7 billion. This deal represents Amazon’s largest acquisition ever, dwarfing the 2009 purchase of Zappos.com for $1.2 billion. While Amazon CEO Jeff Bezos has not released any additional details about the acquisition, it has been the main topic of conversation across various corners… Please follow and like us:

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