Oxford Economics delves into the state of the UK's infrastructure projects and what delays and cancellations mean to the country's economy.
Lower energy prices, both for crude oil and gasoline, have helped to ease inflation lately. Yes, the Fed looks at core prices for inflation, which excludes things like food and energy in favor of identifying long-term trends. But energy prices tend to feed through to that core number anyway...
Despite these gloomy predictions, Southeast Asia will remain one of the most dynamic regions of the world. In its November 2023 World Economic Outlook, the IMF, for example, forecast that while the advanced economies would grow by just 1.5% in 2024, the major Southeast Asian economies would ex...
Investors should also not overlook the subjective nature of economic forecasting. Predictions are heavily influenced by what type of economic theory the forecaster buys into. Projections can differ considerably between, for example, one economist who believesbusiness activityis determined by thesupply of ...
OPEC also maintains its previous predictions for world economic growth, expecting 2.8 percent in 2024 and 2.9 percent in 2025.■
Policy and insights report 31 January 2024 2024 Global Economic Outlook: Trends and Predictions Global economics ACCA author Jonathan Ashworth, chief economist Home Policy and insights Twitter Facebook LinkedIn Email Copy The first of ACCA's new series of annual global economic outlook reports offers...
Not only have Chinese institutions revised our economic growth forecasts upward during this period, but our colleagues in the US and Europe have also raised their predictions for economic growth. This indeed reflects the resilience of the global economy because at the beginning of the year, there ...
Promises are not predictions Going forward, Congress will act as the "strict parent" by putting a lid on spending. It's perhaps best to think of the candidates' campaign promises as more like a child's birthday wish-list rather than as actual predictions. Not all parts of either ca...
Despite facing challenges during 2023, the U.S. economy defied widespread predictions of recession. Business spending has benefited from a flurry of activity in the pursuit of artificial intelligence capabilities. That combined with inflation moderation and jobs growth have kept consumers spending...
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