Business forecasters boost 2-year outlook for US economyAssociated Press
Lin Jian, a spokesman for the Foreign Ministry, said that judging by this scorecard, the Chinese economy did a "pretty good job" in the first half of the year. "Despite the rising instability and uncertainty in the global economy, China's economy withstood the pressure and played an import...
Will China's economy overtake the U.S. economy? Our analysts expect China's economy to become larger than the U.S. economy in nominal GDP terms in the 2030s, though China's economy is already the largest when adjusting for the cost of living. However, there are multiple downside risks ...
In its latest outlook, the IMF, a 190-country lending organization, notes that the global expansion is being powered byunexpectedly strong growth in the United States,the world's largest economy. The IMF expects the U.S. economy to grow 2.7% this year, an upgr...
pandemic and then vulnerable to new shocks, Gourinchas, in a blog on the July 2024 WEO, called the US a "concerning" example, and that at full employment, it "maintains a fiscal stance that pushes its debt-to-GDP ratio...
Beyond the cyclical shifts, the global economy and investing landscape will experience long-term structural transitions. Thewill impact economic prospects and investment flows, while Generative Artificial Intelligence (AI) will disrupt business models and sectors. As economies continue their transition to ...
As the economy has slowed, the outlook for a recessionary hard landing to the U.S. economy has been moved further into the future. Focus has now turned to not if, but how soon central banks will begin to loosen monetary policy to help mitigate the probability and magnitude of future ...
European Outlook 2025Jan 21, 2025 PGIM experts share their independent flash views on the outlook for the European economy and markets. Subscribe to receive our latest insights Stay informed on timely market developments, outlooks and industry events.* Required Fields First Name * Last Name * Emai...
on track over time in 2023. Recently, the Chinese government calibrated its COVID response policies. Despite the short-term blow, or initial shock wave, China’s economy is expected to rebound in the second quarter, with GDP growth at around 4.7 percent for the year and 5.0 percent in ...
Secondly, despite the relative economic slowdown, China’s economy is still set to grow at a rate faster than the global average in 2022. China’s international trade has also seemingly been unaffected by the pandemic. Exports have remained consistently high in 2021 and reached a record U...