U.S. economic growth will likely slip "materially" below trend and the unemployment rate will rise over the year as firms and ...

“Downside risks to growth, low inflation and high real rates mean there is still room to ease,” Nomura Global Markets Research analysts Sonal Varma and Si Ying Toh said in a report. Nomura expects the ...

It's an economy that's performing below its potential. In a growth recession, the economy is growing, but at a very slow rate. The full technical definition of a recession is not met, but some ...

The LPRs have been unchanged for five consecutive months, indicating that policymakers have gained greater confidence in economic growth and believe that the current interest rate level provides ...

"We see US economic growth fading again more sharply into year-end 2025, as well as fewer Fed rate cuts than implied by futures. This is due to slowing economic growth combined with sticky ...

(AP Photo/David Zalubowski, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Associated Press (AP) — The average rate on a 30-year mortgage ... reflecting worries about the ...

Turkey’s central bank raised one of its key interest rates in a surprise meeting on Thursday, the latest move by authorities to reverse a decline in the lira. The monetary authority hiked the ...

Some policy adjustments by major central banks are still expected this year, but rates are likely to remain high for longer, given new inflation risks. Turning to South Africa, growth picked up in ...

Ewan Palmer is a Newsweek News Reporter based in London, U.K. His focus is reporting on US politics, and Florida news. He joined Newsweek in February 2018 after spending several years working at ...

Net income attributable to Formula’s shareholders for the fourth quarter ended December 31, 2024 increased by 27.6% year over year, reaching a fourth quarter record-braking $20.1 million, or $1.28 per ...

On the other hand, slower growth and higher unemployment would often cause the Fed to cut rates to spur more borrowing and spending and lift the economy. It is the second meeting in a row that the ...

Wage growth has remained strong, the latest official figures show, as the Bank of England decided to hold interest rates. Wages - excluding bonuses - grew 5.9% in the three months to January ...