Fed to cut in Q2, probably June; economists less dovish than markets- Reuters poll
By Indradip Ghosh and Prerana Bhat BENGALURU (Reuters) – The U.S. Federal Reserve will wait until the second quarter before cutting interest rates, according to a majority of economists polled by Reuters,…
‘That’s Not The Whole Story’: Seemingly Rosy Jobs Report Reveals Worrying Workforce Trends, Economists Say
‘That’s Not The Whole Story’: Seemingly Rosy Jobs Report Reveals Worrying Workforce Trends, Economists Say Jason Cohen on June 3, 2023 The U.S. economy added significantly more jobs than anticipated in May,…
Investment more than consumption leading India’s economic growth – economists
By Ira Dugal MUMBAI (Reuters) – A surge in investments that offset sluggish consumption to boost India’s growth in 2022-23 is expected to power the economy in the current financial year as…
BOJ will keep YCC until 2024, three-quarters of economists say: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan (BOJ) will likely maintain its yield curve control (YCC) policy until at least next year, three quarters of economists polled by Reuters…
Low growth, high inflation are top risks for India, say economists: Reuters poll
By Vivek Mishra and Shaloo Shrivastava BENGALURU (Reuters) – India’s economy will grow about 6% this fiscal year with a small increase in private investment, according to a Reuters poll of economists…
Economists push back expected Fed rate cut to 2024, NABE poll shows
By Michael S. Derby NEW YORK (Reuters) – Economists have pushed back their expectations of when the Federal Reserve will cut interest rates and have raised their forecasts for inflation and the…
Fraud in Massachusetts is boosting US weekly jobless claims, economists say
WASHINGTON (Reuters) – Fraudulent filings for state unemployment insurance aid in Massachusetts could be distorting U.S. weekly unemployment claims data, economists warned on Wednesday, making it harder to get a clear picture…
India’s retail inflation may ease to cenbank’s 4% target in May -economists
MUMBAI (Reuters) – India’s headline retail inflation in May is likely to fall further towards 4% — the midpoint of the central bank’s target and a level last seen in January 2021,…
‘Asleep At The Wheel’: ‘Too-Big-To-Fail’ Banks Are Getting Even Bigger And Economists Are Sounding The Alarm
‘Asleep At The Wheel’: ‘Too-Big-To-Fail’ Banks Are Getting Even Bigger And Economists Are Sounding The Alarm Jason Cohen on May 7, 2023 The largest financial institutions deemed systemically important are expanding even…
High inflation still top concern for global economy, say economists: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Persistently high inflation remains the biggest economic concern this year even as most central banks are at or near the end-game for rate rises, according to…
BOJ unlikely to move in April, most economists say: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan’s new chief Kazuo Ueda will not start unwinding its ultra-easy policy at April 27-28 meeting, nearly 90% of economists polled by Reuters…
Swiss economists question UBS takeover of Credit Suisse in poll
ZURICH (Reuters) – A poll of Swiss economists found that nearly half think the takeover of Credit Suisse by UBS was not the best solution, warning the saga has dented Switzerland’s reputation…
Indian states likely to fall short of spending targets, posing growth risk – economists
By Ira Dugal MUMBAI (Reuters) – Twelve large Indian states, which have released their local budgets over the past few weeks and forecast aggressive spending growth in 2023-24, are likely to fall…
Economists warn of costs if US Medicare covers new obesity drugs
By Nancy Lapid (Reuters) – The cost of expanding U.S. Medicare prescription drug coverage to pay for expensive, new obesity medications could be catastrophic, health economists warned in a report published on…
Economists urge China to think ‘beyond GDP’ to head off climate risks
By David Stanway SINGAPORE (Reuters) – A team of influential economists has urged China to adopt a new development model based on “wellbeing” rather than GDP growth in order to fulfil its…
Rural recovery may drive next bout of India inflation, HSBC economists
MUMBAI (Reuters) – The Indian economy could see another bout of inflation as the rural demand revives and the informal sector recovers from the pandemic-lows, economists at HSBC Securities and Capital Markets…
At least two more Fed rate hikes and no cut this year, say economists
By Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will raise interest rates at least twice more in coming months, with the risk they go higher still, according to a majority…
Jobs Market Runs Red Hot In January, But Economists Fear Downturn Is Coming
Jobs Market Runs Red Hot In January, But Economists Fear Downturn Is Coming John Hugh DeMastri on February 3, 2023 The U.S. added 517,000 jobs in January, more than two and a…
India’s FY24 gross borrowing could be less than expected -economists
MUMBAI (Reuters) – India’s central government’s gross market borrowings for 2023/24 could come in below market expectations as a pool of securities raised to compensate states for a shortfall in goods and…
Economists say BOJ’s Amamiya is top governor candidate, tightening this week unlikely
By Kantaro Komiya TOKYO (Reuters) – Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya, a close aide of incumbent chief Haruhiko Kuroda, is most likely to succeed him this spring, according to…
Venezuela inflation accelerating, heightening risk of return to hyperinflation -economists
CARACAS (Reuters) – Venezuelan consumer prices rose at a sharp 37.2% clip in December from November, heightening the risk of a return to hyperinflation, according to estimates by the Venezuelan Finance Observatory,…
BOJ may unwind ultra-easy policy in 2023, nearly half of economists say: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan (BOJ) could unwind its ultra-loose monetary policy between March and October next year, according to almost half the economists in a Reuters…
Jerome Powell Claims ‘Nobody’ Expected Inflation To Get So High. Here Are The Economists Who Did.
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” thought that…
BOJ’s next move will unwind loose policy, 92% of economists say: Reuters Poll
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 Reuters,…
ECB set to raise deposit rate 50 bps as euro zone enters recession -economists: Reuters poll
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 price growth…
‘The Party Is Over’: Expected GDP Spike Doesn’t Spell Good News, Economists Say
‘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 third quarter,…
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