Economic Forecast - page 5

News

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.

News

Bank of England Warns of Zero Growth in British Economy Until 2025

The Bank of England has warned that the economy of the United Kingdom is highly likely to continue to show zero growth until 2025 against the background of high-interest rates or even a continued increase in this indicator.

Finance & Economics

AllianzGI Taiwan Predicts Growth of Chipmakers’ Earnings

There is a possibility that the Taiwanese stock indices will begin to show a positive dynamic of recovery next year, despite the unfavorable state of affairs in the geopolitical space and concerns related to the possible aggravation of the situation in this environment.

Finance & Economics

Confidence in India’s Economy Grows

The economy of India has become an example when a bulky system with at the same time impressive power begins to move extremely slowly, but after the process of its development is launched, it cannot be ignored.

News

Southeast Asia’s Digital Economy to Hit $218 Billion in 2023

In the Google, Temasek, and Bain & Company report there is a forecast that the total value of transactions in the space of the digital economy of Southeast Asia will reach $218 billion this year.

News

Taiwan Economy Shows Growth

According to the results of the third quarter, Taiwan’s economy showed the most intensive growth rates since the beginning of this year.

News

Europe’s Biggest Economy Shrinks

According to the results of the third quarter of this year, a decrease in the volume of production activity was recorded in Germany.

News

JPMorgan CEO Criticizes Central Banks for Wrong Forecasts

Jamie Dimon, Chief Executive Officer of JPMorgan Chase & Co, said that the fact that central banks in early 2022 released forecasts about the development of the situation in the financial and economic environment, which did not come true, should prompt some humility regarding the preliminary vision of the state of affairs in the mentioned […]

News

IMF Forecasts Increase in India’s Contribution to Global Economic Growth

The International Monetary Fund predicts that India’s contribution to global economic growth will increase over the next five years.

News

China Injects Record Cash to Sustain Low Rates

Record cash infusion can help rates in China to remain low, motivating lenders to support a higher issuance of government bonds and make more loans to clients.

News

US Mortgage Originations to Reach $1.95 trillion in 2024

The US Mortgage Bankers Association (MBA) expects that total mortgage origination volume will increase to $1.95 trillion in 2024, up from the $1.64 trillion forecast in 2023.

Finance & Economics

Wells Fargo Predicts Continued US Economic Slowdown

Wells Fargo, following the results of the third quarter of this year, recorded an increase in net charge-offs, a decrease in the demand for loans, and a decline in the average volume of deposits.

Science & Technology

Bank of America Predicts Significant Economic Impact of AI

Bank of America predicts a significant economic effect as a result of the active use of artificial intelligence in various industries.

Science & Technology

HP Predicts Profit

HP forecasts earnings for the fiscal year, which begins in November.

Finance & Economics

IMF: World Economy ‘Limping Forward’, Growth ‘Weak’

The International Monetary Fund (IMF) has stated that it is likely that central banks will be able to find and implement solutions that will allow them to contain the process of spreading and scaling inflation and at the same time avoid a recession of the world economy.

News

Real Estate Crisis to Stop Development of China’s Economy for Years

The steady growth of the Chinese economy, which is a historical example of a process that has a high level of sustainability and demonstrates impressive speed, for several decades had been largely due to such a factor as the active development of the real estate sector against the background of population growth and large-scale urbanization, […]