The chances that Federal Reserve officials will leave interest rates unchanged in November are mounting as the US economy powers ahead, according to Torsten Slok, chief economist at Apollo Management.
2 min read21 Oct 2024The Reserve Bank of India’s monetary policy committee maintains a 7.2% growth forecast for FY25, adjusting its outlook for Q2 while increasing expectations for the last two quarters of FY25 and Q1 of FY26, according to Governor Shaktikanta Das.
2 min read9 Oct 2024Further reforms are needed to boost domestic investments and attract more foreign investments, says John Lipsky, a senior fellow at the Foreign Policy Institute of the Johns Hopkins University School of Advanced International Studies.
3 min read6 Oct 2024Morgan Stanley economists estimated that implementation of Republican tariff-hike proposals would drive up inflation and impose a hit to US economic growth that undercuts employment.
1 min read1 Oct 2024The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that the economy remains strong.
6 min read22 Sep 2024Japanese businesses boosted investment in the second quarter of the year, reaffirming signs of moderate domestic demand-led activity after growth rebounded in the period.
1 min read2 Sep 2024Canada’s economy grew more than expected in the second quarter, but falling per-capita gross domestic product and softening household consumption should keep the Bank of Canada on track to cut rates for a third straight meeting next week.
3 min read1 Sep 2024India’s economy grew at a slower pace last quarter than expected, with risks to the outlook mounting and pressure building on the central bank to cut interest rates.
2 min read31 Aug 2024Finland’s economy grew largely in line with earlier projections in the second quarter, cementing the hopes that the northernmost euro area member is on track to more sustained recovery.
2 min read30 Aug 2024Even as India’s GDP growth declined to a five-quarter low in April-June, underlying data suggests better economic performance during the financial first quarter. Here’s why economists are optimistic about another year of robust growth.
2 min read30 Aug 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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