Super Micro surges as sales projection fuels AI rally
(Reuters) – Super Micro Computer’s stock jumped almost 10% to a record high in extended trade on Monday, extending its recent AI-fueled rally after the …
Projection
ECB cuts growth outlook but raises key 2024 inflation projection
FRANKFURT (Reuters) – The European Central Bank cut its growth projections for the next two years while lifting some of its inflation forecasts, raising the …
Exclusive-Fed’s Daly: two more US rate hikes a ‘very reasonable’ projection
By Ann Saphir SAN FRANCISCO (Reuters) – Two more U.S. interest-rate hikes this year is a “very reasonable” projection, San Francisco Federal Reserve Bank President …
Philippine central bank revises 2023 current account projection
MANILA (Reuters) – The Philippine central bank said on Friday it expects a current account deficit of $17.1 billion for 2023, equivalent to 4% of …
Fed’s Mester sticks with December interest rate projection for now
(Reuters) – Cleveland Federal Reserve President Loretta Mester said on Friday that she was keeping to her previous forecast made at the end of last …
ECB raises inflation, cuts 2023 growth projection
FRANKFURT (Reuters) – The European Central Bank raised its inflation projections for the euro zone on Thursday and said price growth would remain above its …
Bolivia lowers 2023 growth projection as general strike goes on
LA PAZ (Reuters) – Bolivia’s economy is forecast to grow 4.8% in 2023, less than the 5.1% growth previously forecast, the government announced on Monday …
Costa Rica cenbank raises 2022 growth projection to 4.3% as tourism recovers
SAN JOSE (Reuters) – Costa Rica’s economy is expected to grow 4.3% in 2022, its central bank said on Monday, an upgrade to an earlier …
Japan sticks to projection of balancing budget by FY2026
By Daniel Leussink TOKYO – Japan kept the expected timing for achieving a primary balance surplus unchanged at fiscal 2026, suggesting that the government will …
Greek central bank cuts economic growth projection to 3.8% this year
By George Georgiopoulos ATHENS – Greece’s economy is seen expanding by 3.8% this year under a baseline scenario, a slower pace than a previous projection …
White House Admits Inflation Projection For Biden’s Massive Budget Is Completely Outdated, Still Blames Putin
White House Admits Inflation Projection For Biden’s Massive Budget Is Completely Outdated, Still Blames Putin Harry Wilmerding on March 28, 2022 The Biden administration’s budget …
Inflation Hits Another Multi-Decade High After Fed Boosts Projection
A key economic index used by the Federal Reserve to measure inflation surged to another 30-year high in August as Americans continued to experience sticker …