Economic Forecast

Fintech & Ecommerce

Cashless Society: Myth or Reality? Top Cashless Nations Globally

Envision a future where all the transactions are paperless. For some, it feels like utopia with less theft and more convenience, while others suggest more dystopian scenarios where all your money and assets can be taken away by an evil omnipresent government at any moment. While I, personally, believe truth lies somewhere in between, many […]

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Real Estate Worth $4T to Be Tokenized by 2035: Deloitte

Deloitte envisions the surge of tokenized real estate assets up from $300 billion in 2024 to about $4 trillion over the ten-year time.

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IMF Cuts Economic Growth Forecasts for Most Countries

The International Monetary Fund (IMF) on Tuesday, April 22, published updated forecasts for economic growth in the United States, China, and many other countries, demonstrating in this case a more pessimistic outlook compared to previous expectations.

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WTO Slashes Global Trade Outlook

The World Trade Organization (WTO) has slashed its forecast for merchandise trade this year, as rising United States tariffs and increasing uncertainty are factors negatively impacting international commerce.

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Goldman Sachs Boosts Recession Risk

Economists at Goldman Sachs Group Inc. have raised their estimate of the likelihood of a recession in the United States.

Finance & Economics

JPMorgan CEO Says Donald Trump Tariffs to Boost Inflation

JPMorgan Chase chief executive officer Jamie Dimon said on Monday, April 7, that the tariffs announced last week by United States President Donald Trump are likely to trigger price increases for both domestic and imported goods, which will have a negative impact on the condition of the US economic system, which already demonstrated the slowdown.

Finance & Economics

Ana Botin Says Tariffs to Hit US More Than Europe in Short Term

Banco Santander SA Executive Chair Ana Botin said on Friday, April 4, at the bank’s annual general meeting that the reciprocal tariffs announced by United States President Donald Trump on Wednesday, April 2, are likely to hit the US economic system harder than Europe.

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U.S. SMBs Share Gloomy Outlook: Report

The post-pandemic recovery has lost momentum for many small business (SMBs) owners, according to the Federal Reserve’s latest small business credit survey, raising concerns for the broader U.S. economy.

Finance & Economics

Markets React to New Tariffs

Any glimpse of hope left for the stock markets before U.S. President Trump’s announcement of new tariffs has vanished as the scale of the unveiled tariff plans took investors by surprise.

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Goldman Sachs Says Donald Trump Tariffs to Increase Inflation

Goldman Sachs warns that aggressive actions by the White House in the context of trade policy in the external, international dimension will provoke an increase in inflation, cause a growth in unemployment, and practically stop the economic rise in the United States.

Finance & Economics

OECD Cuts US and Global Economic Outlooks

The Organisation for Economic Co-operation and Development (OECD) lowered its forecast for economic growth both in the United States and worldwide, noting that US President Donald Trump’s tariffs on goods imported from other countries are a deterrent in terms of the impact on the upward dynamic of gross domestic product (GDP).

Finance & Economics

China’s Economy Forecast Reportedly to Show Resilience

The media, citing analysts, claim that China’s economic system probably demonstrated stability in the first two months of the current year, even though the President of the United States Donald Trump began a second trade war between Washington and Beijing almost immediately after returning to power in January.

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Global Digital ID Verification Checks to Grow 15% Over Next Year

The projected 15% increase in digital ID verification checks continues the growth trend seen in the previous year, when verification checks expanded by 16%, fueled by surging e-commerce transactions.

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Virtual Card Transactions to Exceed $17.4 Trillion by 2029

The value of virtual card payments is expected to grow 235% by 2029, surging to $17.4 trillion from $5.2 trillion in 2025.

Finance & Economics

JPMorgan Chase Hikes Euro Area’s 2025 Economic Growth Forecast

JPMorgan Chase has revised its forecast for the growth of the eurozone economy in the current year, expecting that the upward dynamic of this indicator will demonstrate a faster pace compared to previous projections.

Finance & Economics

Trump Tariffs to Accelerate Inflation, Hinder GDP, Employment

As U.S. President Donald Trump fiddles with tariffs on some goods from Canada, China and Mexico, analysts share their estimations on how that might influence key economic indicators, such as inflation, employment and GDP.