GDP Growth News

Economy

Apollo’s Slok Sees Rising Chance Fed Will Hold Rates in November

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 2024
Economy

RBI MPC Outcome: Governor Das retains India’s real GDP growth projections for FY25 at 7.2%

The 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 2024
Economy

India can sustain high growth, become a developed economy by 2047: Economist John Lipsky

Further 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 2024
News

Morgan Stanley Warns of 70,000 US Monthly Jobs Hit From Trump Tariffs

Morgan 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 2024
Companies

Fed’s Favored Price Gauge Seen Substantiating Rate Cut

The 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 2024
News

Japan’s Firms Lift Outlays in Sign of Modest Domestic Demand

Japanese 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 2024
Economy

Canada’s Economy Grows But Weak Details Keep September Rate Cut Likely 

Canada’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 2024
Economy

India’s Economic Growth Slows as Concerns Mount Over Outlook

India’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 2024
Economy

Finnish Economy Keeps Quarterly Pace in Export-led Rebound

Finland’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 2024
Economy

In charts: GDP growth disappoints in April-June, but “not a cause for alarm”

Even 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 2024
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