Global Economic Growth Projected at 3% by IMF Chief Global Economic Growth Projected at 3% by IMF Chief Introduction Strong economic activity in the United States and emerging markets is projected to help drive global growth by about 3% this year, according to the International Monetary Fund (IMF). Kristalina Georgieva, the IMF’s Chief, warned that … Read more
At its board meeting on the 11th, the European Central Bank (ECB) left its main policy interest rate unchanged as expected, but hinted at the possibility of a rate cut soon. Photographed in December 2023 (2024 Reuters/Kai Pfaffenbach) (Reuters) – The European Central Bank (ECB) left its main policy interest rate unchanged as expected at … Read more
China’s Manufacturing Activity Expands Amidst Stabilizing Economy China’s Manufacturing Activity Expands Amidst Signs of Stabilization Positive Growth Signals for Chinese Economy China’s manufacturing activity expanded in March for the first time since September, pointing towards a stabilization of the world’s second-largest economy. The official manufacturing purchasing managers index, released by the National Bureau of Statistics, … Read more
The Greek economy achieved a growth rate of 2% in 2023, according to the first estimates of ELSTAT with the performance of Q4 at 1.2% on an annual basis, as reported by ot.gr. The rhythm is slower than estimated of the government which expected a 2.4% increase in GDP, but also of the European Commission … Read more
Stock Miti – Prime Minister Settha Requesting the MPC committee to speed up the meeting to consider reducing interest rates after low GDP growth, confirming that they do not have authority to order. Mr. Settha Thavisin, Prime Minister and Minister of Finance, spoke about the case of posting the message. who want to urgently call … Read more
Jerome Powell Plans to Cut Interest Rates Despite Persistent Inflation Jerome Powell Plans to Cut Interest Rates Despite Persistent Inflation Published: Feb. 17, 2024, 4:04 p.m. ET By John Doe Business Wall Street Fed watchers believe that Jerome Powell will cut interest rates at least twice this year despite signs of persistent inflation. REUTERS Federal … Read more
Against 2,2% the actual increased GDP of Greece in 2023, instead of its original estimate 2,3%according to its winter forecasts European Commission. A strong recovery may have been recorded in 2022, but consumption growth slowed significantly but remained one of the main drivers of growth last year, Commission technocrats noted. “Despite tighter financing conditions, investment … Read more
Federal Reserve Poised for Potential Interest Rate Cut The Federal Reserve’s policymakers may be on the precipice of taking action by cutting interest rates, signaling a potential change in the current economic landscape. Investor Enthusiasm Surrounding US Central Bank As the week’s two-day policy meeting, which concludes on Wednesday in Washington, gains momentum, the investor … Read more
A money manager from the Bank of Ayudhya revealed that the baht opened this morning at 34.72 baht/dollar after the evening market closed. Yesterday at the level of 34.86/88 baht/dollar. The baht strengthens against the market following the weakening US dollar After last night the United States Announcement of GDP numbers for the 3rd quarter, … Read more
Major U.S. stock indexes opened higher on Thursday (21st) after economic data released earlier solidified investors’ bets on expectations of a rate cut by the Fed. In addition, US memory chip manufacturer Micron boosted its stock price after announcing an optimistic financial forecast a few days ago, opening up more than 7% on Thursday. before … Read more