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,…
Fed to hike by 75 bps again on Nov. 2, should pause when inflation halves – economists: Reuters poll
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 Reuters, who…
Retirement Plans Set For Trillion Dollar ‘Tailspin,’ Economists Warn
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, with their…
Avoid fx intervention if currency weakness is due to fundamentals, IMF economists say
(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 Monetary Fund’s…
Volatile food prices led to India cenbank missing inflation forecasts – economists
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 drove up…
US, UK economists back Russian oil price cap in letter to Yellen
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 to continue…
RBI to raise rates again, slim majority of economists expect 50 bps hike – Reuters poll
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 poll expecting…
Japan unlikely to intervene to stem weak yen, half of economists say – Reuters poll
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 150 per…
BlackRock, bondholders must cancel Zambia debt -economists, experts
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 to pay…
Germany heading for recession despite new relief plan – economists
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 customers and…
Economists cut Singapore growth forecasts, raise inflation – survey
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 biggest risk…
Biden Debt Forgiveness Could Send Tuition Through The Roof, Economists Claim
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 the cost…
Economists: Inflation Can’t Be Reined In Without Tanking The Economy
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 be able…
NZ set for fourth 50-bp rate hike this week, economists eye lower peak
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 after the…
International economists ask Biden to release Afghan central bank funds
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 letter sent…
‘Whiplash’: Economists Warn The Labor Market Is The Next Victim Of Inflation
‘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 job openings…
‘It’s An Absurd Argument’: Economists Take Apart One Of Biden’s Favorite Talking Points
‘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 the administration…
Are We In A Recession? It Doesn’t Matter To Americans Who Are Hurting, Economists Say
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 actually in…
Economists see stronger 2022 GDP for Brazil, inflation missing target for third straight year in 2023
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 years of…
Bank of Canada 50-basis-point June 1 hike a done deal, economists say: Reuters poll
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 see interest…
Economists Trash Dems’ Fuel Price Control Proposal: ‘Can’t Believe They’re Dumb Enough To Do This’
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 this,” Benjamin…
‘Signs Of Slowing’: Unemployment Remains Unchanged As Economists Predict Dim Future
‘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 unchanged at…
Economists expect higher rate hikes after RBI’s hike to tame inflation
By Manoj Kumar and Aftab Ahmed NEW DELHI – India’s central bank is expected to frontload more aggressive interest rate hikes in its effort to tame high inflation, at least until its…
BOJ should revise policy if key bond yield keeps rising, economists say
By Daniel Leussink TOKYO – The Bank of Japan (BOJ) should revise its yield curve control (YCC) policy or scrap it if the benchmark Japanese government bond (JGB) yield keeps rising to…
China on track for 2022 GDP target despite COVID shock – govt economists
BOAO, China – China remains on track to reach its 2022 growth target of around 5.5% as it has ample stimulus space, government economists said on Wednesday, despite a resurgence in COVID-19…
Economists Increasingly Think US In On The Edge Of A Recession
Economists Increasingly Think US In On The Edge Of A Recession Harry Wilmerding on April 11, 2022 Economists increasingly think the U.S. economy will enter into a recession within the next 12…
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