GDP growth News

Fed's Williams Warns: Trump Tariffs Could Push Inflation to 3.5%-4%, Impacting GDP and Unemployment

Federal Reserve's John Williams predicts Trump's tariffs could raise inflation to 3.5%-4%, slowing GDP growth and increasing unemployment, while affirming the Fed's monetary policy...

UK Economy Shows Promising Growth: Chancellor Reeves Urges Faster Action Beyond Encouraging GDP Rise

British Chancellor Rachel Reeves views the 0.5% GDP growth in February as encouraging but stresses the need for faster action to strengthen the economy and support workers. The gro...

UK Economy Shows Signs of Growth: Chancellor Reeves Calls for Faster Action Amid Encouraging GDP Data

UK Chancellor Rachel Reeves views the 0.5% GDP growth in February as encouraging but insists on faster action to strengthen the economy and support working people. Sectors like pro...

UK Economy Shows Signs of Growth: Chancellor Reeves Calls for Faster Action Amid Encouraging GDP Data

UK Chancellor Rachel Reeves views the latest GDP growth as encouraging but insists on faster action to strengthen the economy and support workers, following a 0.5% rise in February...

UK Economy Shows Signs of Growth: Chancellor Reeves Calls for Faster Action to Sustain Momentum

UK Chancellor Rachel Reeves responds to February's GDP growth of 0.5%, calling it encouraging but stressing the need for faster action to strengthen the economy and support workers...

UK Economy Shows Signs of Growth: Chancellor Rachel Reeves Calls for Faster Action

UK Chancellor Rachel Reeves views the 0.5% GDP growth in February as encouraging but calls for more rapid actions to strengthen the economy and support workers, emphasizing the nee...

UK Economy Shows Promising Growth: Chancellor Reeves Urges Faster Action for Sustainable Recovery

UK Chancellor Rachel Reeves views the 0.5% GDP growth in February as encouraging but calls for faster actions to ensure sustainable economic recovery and support for working people...

RBI Governor Clarifies Repo Rate Direction Amid Global Economic Uncertainties

The RBI has revised its GDP growth projections for FY 2025-26 downwards to 6.5%, amid global economic uncertainties. Governor Sanjay Malhotra discusses the unpredictable repo rate ...

Amid Global Trade Tensions, RBI Slashes Repo Rate to Bolster India's Economic Growth

The RBI has cut the repo rate by 25 basis points to 6% to support GDP growth amid global trade tensions and economic uncertainties, shifting to an accommodative monetary policy sta...

EY Forecasts Robust 6.5% Growth for India's Economy in Fiscal Year 2026

EY's Economy Watch forecasts a 6.5% growth for India's economy in FY26, with a 6.4% projection for FY25, emphasizing the need for fiscal policy adjustments to support growth. Stay ...

India's Fiscal Deficit Nears 85.8% of Revised Estimate by February, Signaling Tight Fiscal Control

India's fiscal deficit reached 85.8% of the revised estimate by February, showing improvement over the previous year due to controlled spending. Analysts remain optimistic about me...

US Stock Markets Dip as Trump's Auto Tariffs Overshadow Revised GDP Growth

US stock markets opened lower as concerns over Trump's new auto tariffs overshadowed revised GDP growth. Key indexes and stocks saw declines, with the euro gaining against the doll...

Reeves Unveils Bold Planning Reforms: A £3.4B Boost to UK Economy and 0.4% GDP Growth Ahead

Chancellor Rachel Reeves outlines planning reforms expected to boost UK GDP by 0.4% over a decade, alongside a £3.4B gain for public services and a £2.2B defense budget increase fo...

SNB Highlights Growing Economic Uncertainties Amid Global Geopolitical Tensions

The Swiss National Bank warns of increasing economic uncertainties due to global geopolitical tensions and potential tariffs. It forecasts modest GDP growth and stable inflation bu...

UK's Bold Planning Reforms Under Reeves Set to Inject £3.4B and Elevate GDP by 0.4%

UK Chancellor Rachel Reeves announces planning reforms expected to boost GDP by 0.4% and deliver £3.4B for public services, alongside a £2.2B defense funding increase focusing on A...

UK's Bold Move: Rachel Reeves Unveils £3.4B Planning Reforms to Skyrocket GDP by 0.4%

British Chancellor Rachel Reeves announces planning reforms expected to boost GDP by 0.4% over a decade, with £3.4B for public services by 2030. An additional £2.2B is allocated to...

Rachel Reeves Unveils Bold Planning Reforms: A £3.4B Boost to GDP and Public Services by 2030

Chancellor Rachel Reeves introduces planning reforms aimed at boosting the UK's GDP by 0.4% and generating £3.4 billion for public services by 2030, as assessed by the OBR.

Why India Remains a Magnet for Investors Despite Foreign Capital Shift to China

Foreign investors are shifting from Indian to Chinese stock markets due to economic concerns, yet India's long-term economic prospects and recent stock market recovery highlight it...

Swiss National Bank Slashes Interest Rates to 0.25% Amid Inflation Concerns

The Swiss National Bank reduces its policy rate to 0.25% to address low inflation and economic risks, with forecasts for inflation and GDP growth in the coming years.

Swiss National Bank Slashes Interest Rates to Historic Low of 0.25% Amid Inflation Concerns

The Swiss National Bank has cut its policy rate to a historic low of 0.25% to address low inflation and economic risks, with forecasts showing gradual inflation increase and steady...

India's Economy Shows Unyielding Strength Despite Global Challenges: Insights from RBI

India's economy displays resilience with strong agricultural output and recovering consumption, according to RBI's State of the Economy report. Key sectors remain buoyant, supporte...

Switzerland Adjusts GDP Growth Forecast: A Closer Look at Economic Trends

Switzerland's State Secretariat for Economic Affairs (SECO) has slightly lowered the GDP growth forecast for 2025 and 2026, citing below-average growth and stable domestic demand a...

Germany's Economic Growth Forecast Slashed to 0.2% by Ifo Institute

The Ifo Institute has revised Germany's 2025 GDP growth forecast down to 0.2%, citing a deep recession in construction and manufacturing, while public services expand. Unemployment...

OPEC Holds Steady: Global Economic Growth Forecast for 2025 Remains at 3.1%

OPEC maintains its global economic growth forecast for 2025 at 3.1%, with stable projections for the US, Eurozone, and China. The organization highlights the need to monitor potent...

OPEC Stays Optimistic: Global Economic Growth to Remain Steady at 3.1% Through 2025

OPEC maintains its global economic growth forecast for 2025 and 2026 at 3.1% and 3.2%, respectively, with stable projections for the US, Eurozone, and China. The organization empha...

Homeplus's Financial Struggles Highlight South Korea's Economic Crisis: A Deep Dive

South Korea faces economic challenges as Homeplus enters corporate rehabilitation, highlighting credit risks and the impact of shifting consumption patterns on traditional retail. ...

Asia-Pacific Markets Surge Following Positive Economic Data and China's Defense Spending Boost

Asia-Pacific markets mostly rose following positive services PMI data from China and Japan, and Australia's GDP figures. China announced a 7.2% defense spending increase for 2025, ...

Asia-Pacific Markets Surge on Positive PMI Data and China's Defense Spending Hike

Asia-Pacific markets experienced a positive shift following the release of services PMI data from China and Japan, and Australia's GDP growth. China's announcement to increase defe...

South Korea's Economic Growth Forecast Remains Steady at 0.2% for Q1 Amid Challenges

The Bank of Korea forecasts a 0.2% growth in South Korea's real GDP for Q1, amidst economic challenges and government efforts to stimulate demand. Insights into recent data and fut...

Italy's Economy Shows Robust Growth with a 0.7% Increase in GDP for 2024

Italy's economy experienced a 0.7% GDP growth in 2024, driven by national demand, consumption expenditure, and a positive external balance. Investments and consumption saw increase...

Italy's Economic Growth Surges by 0.7% in 2024, Marking a Significant Recovery

Italy's economy grew by 0.7% in 2024, driven by national demand, consumption, and trade dynamics, marking a significant recovery and positive economic shift.

Surprising 0.6% Growth in Canada's Economy During Q4 2024 Revealed

Canada's economy saw a 0.6% growth in Q4 2024, driven by increased household spending, exports, and business investment. Despite this, GDP per capita fell for the second year, and ...