In light of the slight and sudden increase in the inflation rate in the United States during the month of February, new challenges emerge before the US economy and President Joe Biden, at a time when increasing inflation is considered a possible indicator of a delay in lowering interest rates, which may negatively affect growth … Read more
Social democracy in Europe is at a crossroads. This is what two British professors claim. They identified the German Chancellor as a warning example. Things are not easy for social democracy in times of multiple crises. While the war in Ukraine, recession and climate change keep Europe on tenterhooks, the governments of the nation states … Read more
It is said that economic forecasts mainly serve to make astrologers seem a little more credible. A look at the success of last year’s predictions adds weight to this not very flattering bon mot. Instead of the most expected recession in history, the US economy expanded at a rate of 5.2 percent in the third … Read more
[비즈니스포스트] The prevailing opinion among experts is that it is nothing but a ‘foolish judgment’ to have expectations that the U.S. Federal Reserve System (Fed) will lower the benchmark interest rate in the near future. Since it is difficult to predict when an environment will be created for the Federal Reserve to pursue interest rate … Read more
How much will Wall Street stocks make next year? This is, of course, in the stars, but with the end of the year, well-known American investment banks once again set out to interpret the future and make positive as well as negative advertising for American stocks. The big banks currently disagree on whether Wall Street … Read more
The German Central Bank on Friday sharply lowered its growth forecasts for next year and said it would take time for Europe’s largest economy to emerge from recession. Announcement The German Central Bank expected the production rate to reach 0.4 percent in 2024, down from its last forecast of 1.2 percent in June. In 2023, … Read more
07.12.2023 16:46 | Monitoring Investment banks, asset managers and equity analysts around the world are divided on how the US economy will fare in 2024. Some say the US economy will grow at a pace similar to last year despite the challenges; others are convinced that the US economy will enter a long-heralded recession and … Read more
Jakarta – The Swedish economy fell into recession after Gross Domestic Product (GDP) continued to decline for two consecutive quarters. According to the Swedish Statistics Agency, the country’s economy will experience a contraction of 0.3% in the third quarter of 2023. “GDP declined for two consecutive quarters. The decline in GDP was caused by a … Read more
On Friday, Standard & Poor’s credit ratings agency revised the outlook for the Kingdom of Bahrain’s economy from positive to stable, indicating spending pressures that may push the fiscal deficit to a wider range than previously expected. According to Reuters, Standard & Poor’s maintained its rating at (B/B+) for Bahrain, and said it expects the … Read more
The US economy will go into recession next year and that will lead to a sharp cut in interest rates by the Federal Reserve. At least that’s what a leading European bank claims. According to UBS, the Fed will respond to falling inflation and the economic downturn by cutting rates by an impressive 275 basis … Read more