Based on the research conducted, the world economic growth is projected to slow down in 2024. The International Monetary Fund (IMF) has revised its forecast, expecting global economic growth to reach 2.9% in 2024, down from the previously predicted 3% [[3]](https://fortune.com/2023/10/10/...
Recently, the World Bank raised its forecast for China's 2024 economic growth to 4.8 percent, 0.3 percentage points higher from the previous forecast. The International Monetary Fund also revised up China's economic outlook to 5 percent, 0.4 percentage points higher than the previous forecast, Liu...
WASHINGTON – Despite expectations for slower growth of both gross domestic product and retail sales, the economy should continue to do well the remainder of this year, National Retail Federation Chief Economist Jack Kleinhenz said today. “No one can accurately forecast what surprises the next y...
Since the second quarter, the United Nations has taken the lead in raising China's economic growth forecast for this year. Recently after the release of the faster-than-expected figures for the third quarter, more institutions have followed suit. In its mid-year update of the World Economic S...
Here’s what it means for the 2024 election. The Fed has cast doubt over a previous forecast of interest rate cuts. Apr 30, 2024, 10:48 AM Voters don't like Biden's economy — but why? Voters aren't happy with Biden's handling of the economy, but can't really explain why. ...
Recently, the World Bank raised its forecast for China's 2024 economic growth to 4.8 percent, 0.3 percentage points higher from the previous forecast. The International Monetary Fund also revised up China's economic outlook to 5 percent, 0.4 percentage points higher than the previous forecast, Liu...
It is reported that Chief Economist of the International Monetary Fund (IMF) Pierre-Olivier Gourinchas, when commenting on China's achievement of economic growth of 5 percent in 2024, which exceeded the IMF's forecast, said that i...
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3 While the country's trade deficit narrowed in 2023, it remains elevated at $52 billion due to slowing global demand and geopolitical uncertainties.4Looking ahead to 2024, the current economic forecast for the Philippines projects a GDP growth of between 5 and 6 percent....
In the case of China, the OECD has forecast a 4.7 percent growth rate for 2024. This is lower than the 10 percent-plus growth rates reached by China until 2010, but still higher than the rate forecast for the other large economies and the 2.4 percent predicted for the world economy. ...