economic growth News

Fed's Bostic Predicts Just One Interest Rate Cut Amid Inflation and Tariff Challenges

Atlanta Fed President Raphael Bostic forecasts a single interest rate cut this year due to market uncertainties and inflation challenges, including tariff impacts, while maintainin...

Switzerland's Industrial Sector Booms: An 8.5% Surge in Q1 2025 Signals Strong Growth

Switzerland's industrial production increased by 8.5% in Q1 2025, with the secondary sector growing by 7.1%. Construction output declined by 3.7%, but building construction and civ...

US Business Inventories Show Slight Increase in March, Signaling Steady Economic Growth

US business inventories saw a 0.1% increase in March, totaling $2,578.1 billion, with a 2.5% growth compared to March 2024. The inventories/sales ratio improved to 1.34, and trade ...

Record High: India's Private Sector Attracts $11 Billion in Overseas Borrowing in March 2025

India's private sector witnessed a record $11 billion in overseas borrowing approvals in March 2025, the highest in five years, signaling strong investor confidence and economic gr...

India's Wholesale Inflation Dips to 0.85% in April, Marking a 13-Month Low Amid Falling Food and Fuel Prices

India's wholesale inflation eased to a 13-month low of 0.85% in April 2025, driven by declines in food and fuel prices. Experts anticipate further decreases, with retail inflation ...

South Korea's Economic Growth Slows to 0.8%: KDI Forecasts a Challenging Year Ahead

The Korea Development Institute (KDI) has revised South Korea's GDP growth forecast down to 0.8% for the year, citing a construction slump and poor trade conditions. This would be ...

South Korea's April Unemployment Rate Hits Record Low, Sparks Economic Optimism

South Korea's unemployment rate unexpectedly dropped to 2.7% in April, with employment numbers rising by 194,000. The employment rate for ages 15-64 also increased, reflecting posi...

Goolsbee Warns: Lingering Tariffs Threaten Stagflation Despite US-China Trade Truce

Chicago Fed President Austan Goolsbee warns that despite the US-China tariff truce, remaining tariffs could lead to stagflation, slowing growth and raising prices. He calls for cau...

Fed's Kugler Warns: US Trade Policy Shifts Could Lead to Higher Prices and Slower Growth

Federal Reserve Governor Adriana Kugler warns that recent US trade policy changes could lead to higher prices, reduced real incomes, and slower economic growth, while the Fed remai...

India-UK Trade Deal: A Milestone in Bilateral Relations and Economic Growth

The India-UK Free Trade Agreement (FTA) signifies a strategic expansion of India's bilateral trade agreements, aiming to enhance market access for Indian goods and strengthen inter...

Morningstar DBRS Elevates India's Sovereign Rating to 'BBB', Highlighting Strong Growth Prospects

Morningstar DBRS upgrades India's sovereign credit rating to 'BBB', recognizing its economic resilience, structural reforms, and strong growth prospects. The agency cites infrastru...

Fed's Barr Warns of Trade Policy Uncertainty Impacting Inflation and Growth

Federal Reserve Vice Chair Michael Barr discusses the impact of trade policy uncertainties on inflation and growth, emphasizing the economy's strength but warning of potential chal...

Italy's Industrial Sector Shows Slight Growth in March: A Glimpse into Economic Resilience

Italy's industrial production saw a slight increase of 0.1% in March, as reported by Istat. This marginal growth could hint at economic resilience, with more insights anticipated t...

South Korea Achieves Record $9.14 Billion Current Account Surplus in March, Marking 23rd Consecutive Month

South Korea recorded a current account surplus of $9.14 billion in March, marking the 23rd consecutive month of surplus. Exports and imports showed positive growth, with semiconduc...

Fed Chair Powell Issues Stark Warning: Tariffs May Spike Inflation and Stunt Economic Growth

Federal Reserve Chair Jerome Powell warns that escalating tariff policies could lead to higher inflation and slower economic growth, as the Fed decides to hold interest rates stead...

March Sees a 0.4% Surge in US Wholesale Inventories, Signaling Economic Growth

US wholesale inventories rose by 0.4% in March to $907.5 billion, with sales increasing by 0.6% month-on-month and 6.1% year-on-year, signaling economic growth and robust demand.

Asian Markets React Mixed to Bank of Japan's Potential Interest Rate Hike Announcement

Asia-Pacific markets displayed mixed reactions after the Bank of Japan suggested potential interest rate hikes based on economic growth and inflation projections. Key indices like ...

Bank of Japan Eyes Interest Rate Hikes Amid Economic Growth and Inflation Projections

The Bank of Japan is considering interest rate hikes if economic growth and inflation meet their forecasts. Caution is advised due to US policy risks, with a flexible approach like...

Bank of Japan Eyes Interest Rate Hikes Amid Economic Growth and Inflation Targets

The Bank of Japan is considering interest rate hikes if economic growth and inflation meet their targets, with discussions on timing and flexibility due to global uncertainties and...

Fed Chair Powell Warns: Sustained Tariff Hikes Could Escalate Inflation and Economic Slowdown

Federal Reserve Chair Jerome Powell warns that sustained US tariff increases could lead to higher inflation, slower economic growth, and more unemployment, following the Fed's deci...

Fed Chair Powell Warns: Rising Tariffs Could Halt Inflation Progress and Economic Growth

Federal Reserve Chair Jerome Powell warns that rising tariffs could disrupt inflation control and economic growth, emphasizing the need for careful monitoring of economic data befo...

France's Trade Deficit Narrows to €6.25 Billion in March, Exports See Significant Growth

France's trade deficit improved to €6.25 billion in March, with exports rising by 5.6% and imports by 2.3%. The energy balance worsened slightly, while the manufactured goods balan...

Federal Reserve Expected to Maintain Steady Interest Rates Amid Inflation Concerns

The Federal Reserve is likely to hold interest rates steady at its May meeting, focusing on inflation targets amid economic challenges. Despite political pressures for cuts, stabil...

Germany's Industrial Surge: March Factory Orders Leap by 3.6%, Signaling Robust Economic Recovery

Germany's factory orders rose by 3.6% in March, with significant growth in both domestic and foreign orders. Key sectors like electrical equipment and pharmaceuticals showed impres...

Federal Reserve Expected to Maintain Steady Interest Rates Amid Inflation Concerns

The Federal Reserve is likely to hold interest rates steady at 4.25% to 4.5% in May, focusing on inflation control. Despite economic slowdown and political pressures for cuts, the ...

Federal Reserve Expected to Maintain Steady Rates Amid Inflation and Economic Growth Concerns

The Federal Reserve is likely to hold interest rates steady at 4.25% to 4.5% in May, focusing on inflation targets amid economic growth concerns. Core inflation remains high, and G...

March Sees a Surge: German Factory Orders Jump 3.6%, Signaling Economic Resilience

Germany's factory orders rose by 3.6% in March, with significant growth in both domestic and foreign orders. Key sectors like electrical equipment, machinery, and pharmaceuticals s...

Surge in German Factory Orders: A 3.6% March Increase Signals Economic Resilience

Germany's factory orders rose by 3.6% in March, with significant growth in both domestic and foreign orders. Key sectors like electrical equipment and pharmaceuticals saw double-di...

Federal Reserve Expected to Maintain Steady Rates Amid Inflation and Economic Slowdown

The Federal Reserve is expected to hold interest rates steady at 4.25% to 4.5% in May, focusing on inflation targets amidst economic slowdown and political pressures for rate cuts.

Germany's Industrial Surge: Factory Orders Jump 3.6% in March, Signaling Economic Resilience

Germany's factory orders rose by 3.6% in March, with domestic and foreign demand driving growth across various sectors, including electrical equipment and pharmaceuticals, signalin...

Germany's Industrial Sector Booms: Factory Orders Surge 3.6% in March, Signaling Economic Strength

Germany's factory orders saw a 3.6% increase in March, with significant growth in both domestic and foreign orders. Key sectors like electrical equipment and pharmaceuticals led th...

Surge in German Factory Orders: A 3.6% Rise in March Signals Economic Resilience

Germany's factory orders rose by 3.6% in March, showcasing economic resilience with significant growth in both domestic and foreign orders. Key sectors like electrical equipment an...