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15 matches for " tax revenues":
In yesterday's Monitor, we outlined how the government's plans to allow more migrants to register in cities could help counterbalance the effects of aging and put a floor under medium-term property prices.
The Fed's unscheduled 50bp cut on Tuesday opens up some space for Asian central banks to follow suit.
Judging by interactions with readers in the past few weeks, fiscal policy is one of the most important topics for EZ investors as we move into the final stretch of the year.
As we go to press, equities in the Eurozone are having a bad day following the collapse in U.S. and Asian equities earlier.
China's finance minister Liu Kun provided his report on China's current fiscal situation to the legislature last Friday.
The Chancellor will struggle to make his Spring Statement heard on March 13 over the noise of next week's key Brexit votes in parliament, likely spanning from March 12 to 14.
China's growth can be decomposed into the structural story and the mini-cycle, which is policy- driven.
Yesterday's price data for China showed continued declines in both CPI and PPI inflation.
China's official manufacturing PMI was unchanged at 50.2 in December, marking a weak end to the year. But it could have been worse; we had been worried that the return to above-50 territory in November had been boosted by temporary factors. December's print allays some of those fears.
Friday's data added further colour to the September CPI data for the Eurozone.
The federal debt ceiling was re-imposed last week, with no fanfare, and no reaction in the markets. All eyes were focussed instead on the Fed's rate hike and Chair Yellen's press conference.
Chief U.K. Economist Samuel Tombs on UK Government Borrowing
In one line: Looser fiscal targets will have to be adopted in response to methodological changes and sluggish growth in tax revenues.
Chancellor George Osborne has invested considerable personal capital in attaining a budget surplus by the end of this parliament, and he has passed a 'law' to ensure he and his successors achieve this goal. But the current fiscal plans, which will be reviewed in the Budget on March 16, make a series of optimistic assumptions on future tax revenues and spending savings.
Chief U.K. Economist Samuel Tombs on U.K. Public Finances
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