Fed may delay rate cuts to Sept. – Morgan Stanley
Investment bank Morgan Stanley pushed back its forecast for US Federal Reserve rate cuts to September from their…
Browsing Tag
Inflation
Swiss inflation surges, rate cut expected
Swiss annual inflation accelerated more than anticipated in April, rising to 1.4 per cent from 1 per cent in March,…
Turkey’s GDP growth to decelerate in next 2 years – OECD
Turkey’s GDP growth is expected to decelerate from 4.5 per cent in 2023 to 3.4 per cent in 2024 and further to 3.2…
Belgium’s growth to dip in ’24 – OECD
Belgium’s economy is set to experience a slowdown, with growth projected to dip to 1.3 per cent in 2024, from 1.5…
Euro area economy set for recovery in ’24, OECD forecasts
The eurozone is likely to see GDP growth of 0.7 per cent in 2024, and 1.5 per cent in 2025, according to the…
S. Korea inflation eases to 3-month low at 2.9%
South Korea's April inflation eased more than expected, with the consumer price index (CPI) reaching a 3-month low…
France’s CPI to rise by 2.2% in April ’24, data Shows
France's Consumer Price Index (CPI) is projected to rise by 2.2 per cent in April 2024, according to provisional…
Falling inflation could trigger rate cuts in June – ECB policymaker
The European Central Bank (ECB) should commence cutting interest rates in June if the gradual decline in inflation…
IMF concludes Egypt’s 1st, 2nd reviews
The IMF Executive Board has finished the initial and subsequent reviews of Egypt's Extended Fund Facility (EFF)…
US economy slows to 1.6% in Q1 of ’24 – BEA
The US economy grew at a sluggish 1.6 per cent annual rate in the first quarter of 2024.