Crypto Users to Near 1B in 2024: Forecast
Given bullish market trends maintained their dominance in the near future, the number of crypto users could reach between 850 and 950 million in 2024, analysts predict.
Economic Forecast - page 4
Congressional Budget Office Predicts Decrease in Inflation in 2024
The Congressional Budget Office on Friday, December 15, released a forecast according to which the inflation rate in the United States will decrease next year.
TSMC November Sales Show Decline
According to the results of November, sales volumes of Taiwan Semiconductor Manufacturing Co.(TSMC) demonstrated a negative dynamic of decline.
Economists Worsen Hong Kong’s Growth Outlook
Experts suggest that the growth rate of the Hong Kong economy this year and in 2024 will be less intense than initially expected.
HSBC Predicts Difficult Path for Chinese Economy
The Chinese economy has a long way to go, during which it is necessary to overcome steep hill.
China’s Exports Show Growth
China’s exports, according to the results of November, showed growth for the first time since April this year.
Moody’s Changes China Credit Outlook to Negative
Moody’s Investors Service has changed the forecast for Chinese sovereign bonds, lowering the corresponding indicator to negative.
Gold Prices Hit Record High, 2024 Anticipations Are Bullish
Spot gold prices rose to a new record high, expected to remain above $2,000 levels next year, as investors are looking for safe-haven assets.
Bitcoin Surges to $41K Amind Crypto Market Growth
On Monday morning, Bitcoin exceeded $41,000 for the first time in 19 months, as the crypto market grows on ETF expectations and bets on dovish Fed.
McKinsey Says About Absence of Signs of Recovery in Consumer Activity in China
Experts from the international consulting company McKinsey said that in the foreseeable future, Chinese consumers do not intend to spend large amounts of money on buying goods, which is why local companies should focus more on strategic planning within their business concepts to master the market, which remains huge, despite various problems.
China’s Manufacturing Activity Shrinks
In November, China recorded a decrease in the level of activity in the manufacturing sector and sphere of services.
JPMorgan Chase CEO Warns of Recession Risk
JPMorgan Chase CEO Jamie Dimon last Wednesday, November 29, during a speech at the New York Times DealBook 2023 summit in New York, said that the likelihood of a recession in the United States cannot be ruled out.
Bank of England Governor Resists UK Rate Cuts for Foreseeable Future
Bank of England Governor Andrew Bailey, suggests that a reduction in interest rates in the foreseeable future is an unlikely prospect, warning that the second half of the process of countering inflation in the United Kingdom will be hard work.
Jeremy Hunt Says About Downgrade of UK Growth Forecast
The chancellor of the exchequer Jeremy Hunt announced a deterioration in the forecast of economic growth in the UK.
Goldman Sachs Expects Indian Businesses to Increase Investment
Goldman Sachs Group Inc. expects that the Indian business sector will increase investment volumes.
Bank of America CEO Believes in Optimistic Prospects for US Economy
Brian Moynihan, CEO of Bank of America, positively assesses the prospects for the dynamic of the economic system of the United States and characterizes as affirmative possibilities of the financial institution headed by him for the development.
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