Meanwhile, the IMF raised Israel's 2024 inflation forecast to 3.1 percent from 2.4 percent, exceeding the upper limit of the Israeli government's target range of 1-3 percent. The institution also raised Israel's 2025 inflation forecast to 3 percent from 2.5 percent. Projections for Israel are ...
WASHINGTON, July 16 (Xinhua) -- The International Monetary Fund (IMF) on Tuesday revised China's 2024 economic growth up to 5 percent in an update to its World Economic Outlook (WEO), from the 4.6-percent forecast in April. The revision is primarily attributed to a rebound in private cons...
Abstract :The International Monetary Fund (IMF) has raised its forecast for China's GDP growth in 2024 to 5 percent from the April projection of 4.6 percent, IMF's First Deputy Managing Director Gita Gopinath said Wednesday. BEIJING, May 29 (Xinhua) -- The International Monetary Fund (IMF)...
The economist announced his updated estimate during the J.P. Morgan Global China Summit in Shanghai on Wednesday. Zhu said that the country's robust 5.3 percent year-on-year economic growth in the first quarter of 2024 surpassed market expectations and marked a strong beginning for the year. ...
This is consistent with our forecast of a sharper growth slowdown to 1.5% in fourth-quarter 2025 from fourth-quarter 2024 (versus the Fed's 2% forecast) and inflation at 2%. In his post-meeting press conference in March, Chair Jerome Powell revealed that, although no fin...
The IMF maintained its forecast for global growth in 2024 at 3.2 percent, noting that Asia's emerging market economies remain the main engine for the global economy. Global activity and world trade firmed up at the turn of the year, with trade spurred by strong exports from Asia, particularly...
including the IMF, have raised their expectations for China's economic growth. Currently, major overseas financial institutions predict China's 2024 growth to be around 5 percent, suggesting that this target is achievable, Bruce Pang, chief...
Asia-Pacific growth is forecast between 3.5 percent and 4.0 percent in 2024, compared to a forecast of 4.5 percent in 2023, according to Cushman & Wakefield. Although slower, this growth outlook still remains stronger than other regions, as Euro zone growth is forecast at 0.9 percent and US ...
After a decent, though uneven, run for stocks from January through the end of June, the stock market forecast for the next six months through the end of the year remains mildly bullish. Big gains in tech stocks, from cloud computing and generative AI giant Microsoft (...
Bankrate’s forecast projects only modest relief. McBride expects that the average rate will hold above 20 percent for most of the year and eventually dip to 19.9 percent by the end of 2024 as the Fed cuts rates. That would take almost a percentage point off its latest record high: 20.74...