Economic Forecast - page 4

News

ECB Vice President Warns About Difficulties in European Economy

Luis de Guindos, Vice President of the European Central Bank, stated that the eurozone’s economic system may have experienced a downswing at the end of last year, and noted that difficulties in this area are likely to continue in 2024.

News

BOJ Watchers Shift Hike Forecasts

The number of watchers of the Bank of Japan is increasing, who are changing their forecasts regarding the termination of the policy of negative interest rates.

News

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.

News

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.

News

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.

Finance & Economics

China’s Exports Show Growth

China’s exports, according to the results of November, showed growth for the first time since April this year.

News

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.

News

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.

News

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.

News

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.

Finance & Economics

China’s Manufacturing Activity Shrinks

In November, China recorded a decrease in the level of activity in the manufacturing sector and sphere of services.

Finance & Economics

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.

Finance & Economics

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.

News

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.

Finance & Economics

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.

Finance & Economics

Bank of Japan Governor Signals Low Probability of Ending Negative Rate in 2023

The governor of the Bank of Japan, Kazuo Ueda, hinted at an extremely low level of probability that by the end of this year, politicians will have data providing them with a reason sufficient to announce the end of the period of negative interest rates.