Growth

CLEVELAND (Reuters) – Fed officials at some point will begin balancing concerns about growth against their inflation goals, but not until inflation is clearly heading back towards its 2% target, …

By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy’s recovery from the COVID-19 pandemic was much stronger than initially thought amid massive fiscal stimulus, according to revisions on Thursday, which …

By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely grew at the slowest pace in nearly two years in September, hurt by a weakening global economy led by China, …

LONDON (Reuters) – Britain’s government must reform areas such as immigration and climate change to show it really can boost economic growth after it sent markets into a tailspin with …

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego on Wednesday posted double-digit sales growth in the first half of the year, driven by new store openings and robust demand for its …

(Reuters) -Canopy Growth Corp said on Tuesday it will divest its retail business across Canada, as the pot producer steps up efforts to turn profitable. The business includes stores operating …

(Reuters) – Guyana’s economic growth could reach close to 60% this year, the International Monetary Fund said in a statement on Tuesday, urging cautious policies even as the tiny South …

MEXICO CITY (Reuters) – J.P. Morgan analysts raised their economic growth forecast for Mexico’s third quarter gross domestic product (GDP), as well as for 2022, after August trade data signaled …

By Giuseppe Fonte ROME (Reuters) – Italy sees its 2023 budget deficit below 5% of national output despite a darkening economic outlook triggered by the energy crisis, three sources close …

BANGKOK (Reuters) -Thailand’s economy is expected to grow 3.1% this year, higher than a forecast in June of 2.9%, supported by private consumption and exports, the World Bank said on …

MANILA (Reuters) – Economic growth in East Asia and the Pacific will weaken sharply in 2022 due to China’s slowdown, but the pace of expansion will pick up next year, …

By Giuseppe Fonte ROME (Reuters) – Mario Draghi’s outgoing Italian government is preparing to cut its growth estimate for 2023 to just above 0.5% as the energy crisis weighs on …

ZURICH (Reuters) – Switzerland’s second-quarter current account surplus narrowed by nearly 1 billion Swiss francs to 11 billion Swiss francs ($11.23 billion), the Swiss National Bank (SNB) said on Friday. …

LONDON (Reuters) – Britain’s new finance minister Kwasi Kwarteng unveiled a slew of measures on Thursday including the reversal of an increase in payroll tax in an effort to boost …

By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – U.S. growth funds are experiencing massive outflows this year due to rising interest rates, with the Federal Reserve’s resolve to keep hiking …

KUALA LUMPUR (Reuters) – Malaysia’s economy will grow at a slower pace in 2023 compared to this year, finance minister Tengku Zafrul Aziz said in a statement on Wednesday. Zafrul …

By Enrico Dela Cruz MANILA (Reuters) – The Asian Development Bank (ADB) on Wednesday cut its growth forecasts for developing Asia for 2022 and 2023 amid mounting risks from increased …

TAIPEI (Reuters) -Taiwan’s export orders unexpectedly expanded in August on strong demand for technology and new consumer electronics product launches like iPhones even as the island’s largest market China faced …

ZURICH (Reuters) -The Swiss government significantly cut its economic growth forecasts on Tuesday, citing growing risks from a “tense energy situation and sharp price increases”. It now expects the country’s …

HELSINKI (Reuters) -Finland’s finance ministry on Monday cut its economic growth forecast for 2023 and said the country was at risk of a recession. The ministry now predicts gross domestic …

MUMBAI (Reuters) – A sharp rebound in consumer spending and rising employment will sustain economic growth in India in the months ahead, the government said in its monthly economic review …

By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India said on Friday it will have to front-load its monetary policy to fight stubborn inflation and shield medium-term growth …

PARIS (Reuters) -The European Central Bank’s action may weigh on growth but price stability is the main priority, President Christine Lagarde said on Friday at an event with French high …