Jerome Powell Claims ‘Nobody’ Expected Inflation To Get So High. Here Are The Economists Who Did. Harold Hutchison on November 30, 2022 Federal Reserve Chairman Jerome Powell claimed Wednesday “nobody”…
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan’s next policy move will unwind, rather than strengthen, its massive monetary easing, according to more than 90% of economists polled…
By Jonathan Cable LONDON (Reuters) – The European Central Bank will press on with policy tightening, adding 50 basis points to its deposit rate next month as it worries rapid…
‘The Party Is Over’: Expected GDP Spike Doesn’t Spell Good News, Economists Say John Hugh DeMastri on October 26, 2022 Gross domestic product (GDP) is expected to spike in the…
By Prerana Bhat BENGALURU (Reuters) – The U.S. Federal Reserve will go for its fourth consecutive 75 basis point interest rate hike on Nov. 2, according to economists polled by…
Retirement Plans Set For Trillion Dollar ‘Tailspin,’ Economists Warn John Hugh DeMastri on October 17, 2022 Pension plans and 401(k)s are forecasted to take trillions in losses this year,…
(Reuters) – Countries should avoid spending scarce foreign exchange reserves intervening to support currencies that are weakening as a result of economic fundamentals such as interest rate differentials, the International…
By Anushka Trivedi MUMBAI (Reuters) – India’s central bank has been consistently missing its inflation projections over the last two and half years mainly due to extreme weather conditions that…
By Andrea Shalal WASHINGTON (Reuters) -A price cap on Russian seaborne oil deliveries being developed by the United States and G7 countries could significantly reduce Russia’s revenues while encouraging Moscow…
By Arsh Tushar Mogre BENGALURU (Reuters) – The Reserve Bank of India is set to raise interest rates again next week with a slim majority of economists in a Reuters…
By Kantaro Komiya TOKYO (Reuters) – Japan will not intervene to stem the yen’s decline, said just over half of economists polled by Reuters, though a fifth said weakening beyond…
JOHANNESBURG (Reuters) – Over 100 economists and development experts on Friday called for asset manager BlackRock and other holders of Zambian bonds to cancel some of that debt, saying continuing…
BERLIN (Reuters) – Germany, Europe’s largest economy, is still on course for a recession even with a new government plan to spend 65 billion euros ($64.49 billion) on shielding energy…
SINGAPORE (Reuters) – Economists have cut growth forecasts and upped inflation expectations for Singapore, according to a central bank survey, published on Thursday, with a global slowdown seen as the…
Biden Debt Forgiveness Could Send Tuition Through The Roof, Economists Claim Harold Hutchison on August 24, 2022 Some economists believe President Joe Biden’s plan to forgive student debt could cause…
Economists: Inflation Can’t Be Reined In Without Tanking The Economy John Hugh DeMastri on August 22, 2022 Nearly three quarters of business economists believe that the Federal Reserve will not…
By Lucy Craymer WELLINGTON – New Zealand’s central bank is expected to deliver its fourth straight half-point rate hike on Wednesday, but most economists see rates peaking below policymakers’ forecast…
By Charlotte Greenfield ISLAMABAD – More than 70 economists and experts, including Nobel Laureate Joseph Stiglitz, called for Washington and other nations to release Afghanistan’s central bank assets in a…
‘Whiplash’: Economists Warn The Labor Market Is The Next Victim Of Inflation John Hugh DeMastri on August 2, 2022 The labor market is beginning to cool, as the number of…
‘It’s An Absurd Argument’: Economists Take Apart One Of Biden’s Favorite Talking Points Max Keating on July 30, 2022 The Biden administration’s oft-touted talking point that employment has boomed under…
Are We In A Recession? It Doesn’t Matter To Americans Who Are Hurting, Economists Say Max Keating on July 28, 2022 The Biden administration has disputed that the U.S. is…
BRASILIA – Economists polled by the Brazilian central bank expect the economy to perform better this year but see inflation staying above the official target until 2023, marking three consecutive…
By Shrutee Sarkar BENGALURU – The Bank of Canada will hike its overnight rate by 50 basis points on June 1, according to all 30 economists polled by Reuters, who…
Economists Trash Dems’ Fuel Price Control Proposal: ‘Can’t Believe They’re Dumb Enough To Do This’ Thomas Catenacci on May 16, 2022 “I just can’t believe they’re dumb enough to do…
‘Signs Of Slowing’: Unemployment Remains Unchanged As Economists Predict Dim Future Thomas Catenacci on May 6, 2022 The U.S. economy added 428,000 jobs in April while the unemployment rate was…