Economic Forecast - page 2

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Finance & Economics

German Investor Confidence Worsens

A deterioration in investor confidence in the prospects of the German economic system was recorded.

News

Goldman Sachs Asset Managers Expects Slowdown in US Economy Growth

Goldman Sachs Asset Management (GSAM) executives expect the United States economic system to show slower growth rates in the second half of the current year.

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IMF Says About US Big Deficit

The International Monetary Fund (IMF) said last Thursday, June 27, that the United States currently has too big a fiscal deficit, and this country is burdened with too much debt.

Finance & Economics

IMF Lifts China Growth Forecast

The International Monetary Fund (IMF) expects China’s economic system to show growth of 5% in the current year.

News

Foxconn Posts Record April Sales

The Taiwanese company Foxconn, which is the world’s largest electronics manufacturer and assembler of Apple’s iPhone smartphones, on Sunday, May 5, released information about its record sales results for April of the current year and confirmed expectations for revenue growth for the second quarter of 2024.

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SMB Survey Indicates Financial Resilience

An optimistic indicator amidst inflation and economic volatility is that small business (SMB) owners are confident about their businesses’ resilience, even as economic challenges remain pressing.

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OECD Says World Economy Looks to Dodge Stagflation Rut

The Organisation for Economic Co-operation and Development (OECD) stated that the outlook of the global economic system is improving.

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Banking-as-a-Service Platform Revenue to Reach $94 Billion Globally by 2028

A new study from Juniper Research forecasts that global BaaS (Banking-as-a-Service) platform revenue will grow by 158% by 2028.

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Economists Boost US GDP Outlook

Economists have raised their outlooks on the growth of the gross domestic product (GDP) of the United States.

Finance & Economics

IMF Raises Growth Forecast for US Economy

The International Monetary Fund (IMF) suggests that the impressive performance of the United States’ economic system will be a major factor in global growth in 2024, but may complicate solving the problem of inflation in the US.

Finance & Economics

China Reports Inflation Data

In China, the level of consumer prices in March remained virtually unchanged compared to a year ago figure, while the cost of manufactured goods in this Asian country continues to be on a downward trajectory, which is evidence of the existence of deflationary pressures threatening the prospects of the local economic system.

Finance & Economics

World Bank Says About Rapid Growth of East Asian Economy

World Bank data indicate that economic growth rates in developing countries in East Asia and the Pacific are currently exceeding similar results in the rest of the world.

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Experts Say About Significant Economic Potential of China’s Tech Sector

Experts Chang Shu and Eric Zhu suggest that in China, the local advanced technologies sector will become a platform for stimulating the growth of demand for goods and services, and by 2026 it may compete with the sphere of real estate in terms of the scale of impact on the state of the country’s economic […]

Finance & Economics

BIS Says About Success of Central Banks in Inflation Fight

The Bank for International Settlements (BIS) on Monday, March 4, said that financial regulators in many countries of the world are on the verge of victory in the struggle to resume control over the surge in inflation, which has become excessive and is transforming into a kind of autonomous trend.

News

World Bank Declares Importance of Much Faster Growth of Emerging Economies

The World Bank, which is based in Washington, D.C., warns that the high cost of borrowing has become a factor that has dramatically changed the need of developing countries to stimulate economic growth that demonstrates such features that can be described as sluggishness and weakness within the framework of the simplified formulation method.