July’s World Economic Outlook Update from the IMF projects global growth to fall from an estimated 3.5% in 2022 to 3.0% in both 2023 and 2024 (Exhibit 1). The report states, “While the forecast for 2023 is modestly higher than predicted in the April 2023 World Ec...
Prices accelerated a seasonally adjusted 0.2% for the month, in line with the Dow Jones estimate,the Bureau of Labor Statistics reportedThursday. However, the annual rate was slightly below the 3.3% forecast though higher than June and the first increase in more than a year. Excluding volatile ...
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9. India's FY24 GDP growth forecast has been raised by IMF by 20 basis points to 6.1%. International Monetary Fund (IMF) has also revised the upward growth forecast for the global economy by 20 basis points for 2023 to 3%. IMF raised India's FY24 GDP growth forecast citing its stronge...
For advanced economy central banks, we forecast a return to neutral policy rates by 2026, implying levels that are well above their pre-pandemic norms. Policy rates could fall below their estimated neutral levels if inflation rates fall below targets for a sustained period, although we consider...
Private payrolls miss forecast for June Private payrolls increased by 150,000 in June, less than forecast and the lowest total since January, according toan ADP reportWednesday. The total was less than the 160,000 Dow Jones estimate and below the upwardly revised 157,000 from May. Leisure and...
for nine months (from August 2023 to April 2024), reaching 2.7%. However, in May, it accelerated to 2.9% and remained at that level in June. Another inflation indicator, the Producer Price Index (PPI), registered at -0.2% month-on-month (forecast -0.1%) and -4.2% year-on-year (...
Private payrolls miss forecast for June Private payrolls increased by 150,000 in June, less than forecast and the lowest total since January, according toan ADP reportWednesday. The total was less than the 160,000 Dow Jones estimate and below the upwardly revised 157,000 from May. Leisure and...
“We are still looking at the forecast for the coming days,” Tony Estanguet, president of the Paris 2024 Organising Committee, told reporters Saturday. A scheduled training session for Sunday is under threat, organizers told Reuters, adding that they will make a decision about its safety at...
9 of the Best Bond ETFs to Buy for 2025 Fixed-income ETFs could offer investors a defensive position amidst market volatility. Tony DongMarch 3, 2025 QQQ vs. QQQM: What's the Difference? When it comes to QQQ vs. QQQM, it boils down to whether you're a long...