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Is China Mired in a 'Balance Sheet Recession?'
China’s housing market is weakening again. But as worrying as that is for the nation’s growth, it may be a symptom of a much larger,
Bank Volatility to Cut U.S. Economic Growth, IMF Says
Economy U.S. Economy Tighter lending expected to shave 0.44 percentage point off U.S. GDP in 2023, organization says Source link
Is Russia’s Economy Growing or Shrinking? It Depends on the Forecaster.
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IMF Says Banking Troubles Create Headwinds for Global Economy
Economy International lender sees growth slowing this year, then picking up Source link
Dow, S&P 500 Futures Slip on Renewed Recession Fears
Stock futures edged lower as investors focused on fresh signs of a slowing economy. Source link
Cleveland Fed President Reiterates Central Bank’s Resolve to Fight Stubborn Inflation
Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday inflation remains too high and stubborn, and that it could take until 2025 to bring
New Zealand Shocks With Big Rate Rise as Some Central Banks Pause
The Reserve Bank of New Zealand said its half-percentage-point increase was necessary to curb stubbornly high inflation. Source link
World Bank Warns of Lost Decade for Global Economy
Economy The Outlook Lender sees demographics, war and pandemic aftereffects holding back growth Source link
Low Jobless Claims Show Labor Market Stays Robust
Worker filings for unemployment benefits rose to a seasonally adjusted 198,000 last week but were still historically low, showing that the broader labor market remains
U.S. Bank Failures Pose Risk to Global Growth
Turmoil in the U.S. banking sector increases the risks of a global recession. Source link