economic outlook News

India's Economic Horizon: Deloitte Forecasts GDP Growth Between 6.5% to 6.8% in 2024-25

Deloitte India forecasts India's GDP growth between 6.5% to 6.8% for the fiscal year 2024-25, amidst global economic uncertainties. Challenges include election uncertainties and we...

Global Economic Growth Forecasted at 3.3% in 2025 and 2026 by IMF

The IMF forecasts a global economic growth of 3.3% in 2025 and 2026, with the US and China leading the charge. Inflation is expected to decrease, but long-term fiscal adjustments i...

Dow Futures Soar Over 500 Points Following Positive CPI Report Release

US stock futures surged following the release of the latest CPI report, with the Dow Jones Industrial Average up by 1.23%. The core CPI increased by 3.2% in December, aligning with...

December Sees A Surge in Spanish Inflation: What’s Behind The Numbers?

Spain's inflation rate increased to 2.8% in December, up from 2.4% in November, driven by higher fuel and leisure prices. This rise exceeded analysts' expectations, raising questio...

Bank of Japan Governor Ueda Advocates for Prudence Amidst January Rate Hike Speculations

Bank of Japan Governor Kazuo Ueda stresses the importance of caution in shaping monetary policy, refraining from hinting at a potential January interest rate hike and emphasizing t...

Martial Law Aftermath: Consumer Sentiment Hits 12-Year Low

Consumer sentiment in December has deteriorated to its steepest level since the global financial crisis, with the Composite Consumer Sentiment Index (CCSI) for December falling sha...

German Economic Sentiment Shows Promising Improvement in December, ZEW Reports

The ZEW reports an 8.3-point increase in Germany's economic sentiment indicator for December, reaching 15.7, while the current situation indicator declined to -93.1 points.

Bill Ackman's Optimistic Outlook on America's Economic Future

Billionaire hedge fund manager Bill Ackman is optimistic about America's economy but sees uncertainty in Europe. He also suggests the current US administration has made the world m...

Bank of Japan's Next Move: Will They Hike Rates Next Week?

The Bank of Japan's final policy meeting of the year is set for next week, with growing conviction within the BOJ that conditions for another interest rate hike to 0.5% are falling...

Typhoons Slow Philippine GDP Growth, but Future Looks Promising: World Bank

The Philippine economy is expected to grow more slowly than first thought this year after the country was hit by a series of typhoons but should be more robust in 2025 and 2026, th...

South Korea's 2025 Economic Outlook: A Challenging Year Ahead

The Korea Institute for Industrial Economics and Trade (KIET) has released its economic and industrial outlook for 2025, projecting South Korea's real gross domestic product (GDP) ...

UK Manufacturing Sector Faces Deeper Slump in November

The UK's manufacturing sector saw a deeper slump in November, hitting a nine-month low with a score of 48.0, a drop of 1.9 index points compared to the month before, according to S...

Fed's Bostic: Economic Outlook Positive, But Caution Needed

Federal Reserve's Raphael Bostic emphasized that the bank is not set on a predetermined outcome for its December meeting. He stressed that the current policy rate remains restricti...