Tag: Economic Growth
Goldman Warns of Economic Blow From Tariff Surge
Bank sees rising inflation, slowing growth, and higher jobless rate With President Donald Trump’s tariff announcement due this week, Goldman Sachs has issued a stark [more…]
UK Private Sector Rebounds Despite Manufacturing Slump
Service sector strength lifts March PMI to 6-month high UK private sector output grew at its fastest pace since last September, driven by a strong [more…]
German Industrial Output Rises, But Exports Decline
German industrial output increased in January, but exports plunged, highlighting the challenges facing the incoming government as it attempts to revive the euro zone’s largest [more…]
Investors Bullish on Stocks, Bearish on Other Assets
Investors remain highly optimistic about global stocks while showing skepticism toward other asset classes, as cash levels drop to their lowest point since 2010, according [more…]
Canada’s Services Sector Grows Amid US Trade Concerns
Canada’s services sector expanded for the second consecutive month in November, with the Purchasing Managers’ Index (PMI) reaching 51.2—its highest level since April 2023. This [more…]
10-Year Treasury Yield Climbs – Fed Cautions Against Rushed Rate Cuts
The 10-year Treasury yield saw a slight uptick on Friday, closing a week marked by significant inflation data and Federal Reserve Chair Jerome Powell’s remarks [more…]
U.S. Consumer Spending Rises in September, Supporting Growth
U.S. consumer spending continued its upward trend in September, pushing the economy toward a stronger growth path as it heads into the year’s final quarter. [more…]
U.S. Economy’s Strength Challenges Expectations for Interest Rate Cuts in 2024
As 2024 dawned, consumers, investors, and economists alike harbored hopes of relief from the persistent inflation and higher borrowing costs that have burdened the U.S. [more…]