Federal Reserve reduces interest rate by a quarter point
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The chancellor has vowed to "defy" gloomy forecasts for the UK economy after it emerged the government is facing a bigger-than-expected hole in the public finances.
It has been especially difficult to get a read on the current state of this economy, ever since the government shutdown started last week and agencies in Washington stopped delivering economic data. But economists and other financial professionals, whose ...
Christopher Thornberg, the founding partner of Beacon Economics, started off with a bombshell prediction. Pointing to very scary asset bubbles like cryptocurrency and the $1.6 trillion of “hot money” going into AI and the stock market in general, he sees a market collapse.
Saudi Arabia's economy minister forecast real GDP growth of 5.1% for 2025, supported by the non-oil sector, as the kingdom accelerates efforts to diversify away from oil. "We forecast to close the
The economic outlook remains fairly cloudy and Wednesday’s economic projections by FOMC members shouldn’t be taken as gospel. During Powell’s press conference following the publication of the June SEP,
Thank you, President Lee Jae Myung, for the opportunity to share the IMF’s latest global economic outlook with APEC leaders, whose economies together represent about 61 percent of global GDP. As Korea is famous for building ships of all types—let me to use a ship analogy.
(Reuters) -Sysco maintained its annual forecasts despite beating first-quarter estimates on Tuesday, reflecting growing concerns about the impact of economic uncertainty on the food distributor's foodservice customers.
Learn about economic conditions, key indicators like GDP and inflation, and their impact on investments. Explore strategies for navigating economic cycles effectively.
Michigan State University hosted a workshop on Wednesday, bringing together experts, policy makers, and the public to discuss the state’s economic future.