The International Monetary Fund has even increased their prediction for global growth in 2023, and the once inevitable European recession is now not seen as such a big concern.
Go Deeper (2 min read)Central bankers believe that by setting an inflation target, they establish credibility for themselves and help individuals and businesses plan in ways that will help to keep inflation under control.
Go Deeper (2 min read)Since Russia's invasion of Ukraine in January, investor sentiment in Germany has improved for the first time. This is another indication that the slowdown in Europe's largest economy may not be as severe as initially anticipated.
Go Deeper (2 min read)Microsoft Corp. announced it was cutting 10,000 jobs, making it the latest tech giant to do so amid worries about the state of the world economy.
Go Deeper (2 min read)Due to the sharp interest rate increases that have caused substantial losses for mainstream investors and equity experts, hedge funds that trade bonds and currencies are on course to enjoy their greatest year since the global financial crisis.
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As they downsize, the large technology corporations that fueled U.S. office demand for years as they built up their empires are now breaking leases and saturating commercial areas with office space.
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Since taking office in 2012, Xi Jinping has prioritized ideological purity, national security, and Communist Party dominance. Additionally, he has insisted on tighter government regulation of the economy.
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On the political side, some European countries are turning themselves into the poster child of what happens when growth is low for several years, debt rises and social policies take a more important place on the agenda than economic progress
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No one knows the extent to which higher rates could cool inflation and some investors are concerned that if the Fed raises rates too quickly or by too much, the economy may enter a recession.
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The Fed signalled continued monetary tightening in late 2015 and again in late 2018, but then backed off in the subsequent months as financial markets soured.
Go Deeper (4 min read)According to economists polled by The Wall Street Journal this month, the risk of the economy going into recession in the next 12 months is 28%, up from 18% in January and just 13% a year ago.
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