Economic Forecast - page 11

World Bank Cuts 2023 Global Growth Estimates
Reports

World Bank Cuts 2023 Global Growth Estimates

The World Bank’s latest “Global Economic Prospects” report predicts 2023 global growth to slow to 1.7% from the 3% expected six months ago

US Banks to Report Profit Decline, Prepare for Recession
News

US Banks to Report Profit Decline, Prepare for Recession

Major US banks are expected to show a net profit decline in their quarterly earnings reports to be released on Friday, while the industry is getting ready for an economic slowdown

Study Shows Embedded Finance Has Potential for Explosive Growth
News

Study Shows Embedded Finance Has Potential for Explosive Growth

The new research suggests transaction value of embedded finance will double in the US to $7 trillion by 2026, redefining how consumers and businesses build and manage relationships with financial services