Tag: Global Economy

IMF says global ‘soft landing’ in sight, lifts 2024 growth outlook

January 30, 2024 admin

The International Monetary Fund on January 30 edged its forecast for global economic growth higher, upgrading the outlook for both the United States and China — the world’s two largest economies — and citing faster-than-expected easing of inflation. The IMF’s chief economist, Pierre-Olivier Gourinchas, said the global lender’s updated World Economic Outlook showed that a…

Business

Inflation to dog world economy next year, postponing rate cuts

October 28, 2023 admin

High inflation will dog the world economy next year, with three-quarters of over 200 economists polled by Reuters saying the main risk is that it turns out higher than they forecast, suggesting interest rates will also remain higher for longer. Several central banks are still expected to begin cutting interest rates by the middle of…

Business

US May See Deep Recession, Could Impact India’s Markets, Exports: Economist

October 6, 2023 admin

Mr Mishra said fertility rate is falling in India and net savings are increasing. New Delhi: The United States may see a deep recession soon, and such a scenario would impact not only India’s services sector, which is a key component of the country’s GDP, but also bring about a lot of volatility in the…

Nation