The International Monetary Fund (IMF) released its latest World Economic Outlook, highlighting mixed prospects for major economies while pointing to various challenges on the horizon. While the IMF has raised its economic growth forecasts for the United States, Brazil, and Britain, it has reduced...

According to Bloomberg, stock markets in the Asia-Pacific region are getting ready for their busiest week in two and a half years with companies racing to raise funds before the U.S. presidential election. Around 20 Asian businesses are set to finish IPOs during this week. The sum of those...

Recent developments in the Eurozone economy have sparked discussions among policymakers about the necessity of reducing interest rates. This potential shift is driven by a combination of moderating inflation, sluggish economic growth, and a reassessment of previous economic forecasts.   On...

The U.S. budget deficit for fiscal 2024 has surged to $1.833 trillion, marking the highest level outside the COVID-19 pandemic era. The Treasury Department's report highlights the growing concern surrounding federal debt, as interest payments on the debt exceeded $1 trillion for the first time....

The IMF recently published a revised report on Ukraine, adjusting its predictions for the length of the conflict in the country to extend until 2025 according to its baseline scenario. According to the IMF's pessimistic forecast, the conflict is anticipated to conclude by mid-2026. The fund's...

With less than three weeks remaining before the U.S. presidential election, financial markets are witnessing notable movements that reflect growing speculation around the possible victory of former president Donald Trump. Small-cap stocks, bitcoin, and specific sectors like private prisons are...

China’s economy is showing signs of strain, with the third quarter of 2024 registering its slowest growth since early 2023. Though consumption and factory output figures slightly surpassed forecasts in September, the country’s struggling property sector continues to cast a shadow over the broader...

The global economy is facing significant challenges as high debt levels and sluggish growth continue to hinder recovery efforts, according to International Monetary Fund (IMF) Managing Director Kristalina Georgieva. While progress has been made since the pandemic, governments’ reliance on...

Goldman Sachs has projected that the U.S. Federal Reserve (Fed) will begin cutting interest rates by 25 basis points (bps) in November 2024, continuing through June 2025, bringing the terminal rate to a range of 3.25% to 3.5%. This outlook signals a significant shift in the Fed’s monetary policy...