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Tag Archives: economic

Global economic growth is expected to be revived as the year progresses

The G-20 said Friday that global economic growth erupted late last year and early this year due to increased trade tensions, turbulent financial markets and rising interest rates. The IMF lowered its forecast for global growth of 3.6%. The year 2019 was 3.3%, the lowest since the recession year of 2009, but growth of 3.6% is forecast for 2020. Haruhiko …

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US-EU trade war a political, economic mistake: France's Bruno Le Maire

The IMF believes European economies are likely to be among the largest contributors to the global slowdown. According to Pierre Moscovici, EU Commissioner for Economic Affairs, Finance, Taxation and Customs, the bloc is coming at an unfavorable time. The region is currently preparing another blow: Britain is not leaving the EU A deal. The United Kingdom and the EU reached …

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Draghi is under pressure from gloomy economic prospects

Krisztian Bocsi | Bloomberg | Getty Images The stars of the European Union are sitting on July 20, 2017 on banners in front of the headquarters of the European Central Bank in Frankfurt am Main. Meeting earlier than usual so that top politicians can attend the IMF Spring Meeting in Washington This week, investors are eager to learn more about …

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China's Xi says the West has long-term economic, military superiority

BEIJING (Reuters) – The developed Western nations have long-term economic, technological and military advantages over China, and the Communist Party must recognize that some people will use the strengths of the West to criticize the weaknesses of socialism, said President Xi Jinping. FILE PHOTO – Chinese President Xi Jinping holds a press conference on March 25, 2019 following a meeting …

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China-March PMI: The factories defy the economic slowdown

The country's huge manufacturing industry rebounded unexpectedly in March, as government figures showed on Sunday. The official PMI for the month rose to 50.5, compared to 49.2 in February. A value above 50 indicates a growth of the previous month. A separate poll by media group Caixin and research firm Markit, released Monday, was also unexpectedly positive. Goods made in …

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Trump nominates economic analyst Stephen Moore for the Fed Board as a conservative watchdog over the economy

<img src = "https://a57.foxnews.com/a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/03/640/320/1862/1048/ Stephen-Moore.jpg? Ve = 1 & tl = 1? Ve = 1 & tl = 1 "alt =" President Donald Trump said he would appoint Stephen Moore, a conservative business analyst and frequent critic of the Federal Reserve, for a seven-member vacancy President Donald Trump said he would do so this morning to nominate Stephen Moore, a …

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Trump EXCLUSIVE: US economic growth hindered by Fed rate hikes

President Trump told FOX Business' Maria Bartiromo on Thursday that while Federal Reserve policies have impeded economic growth, the nation's financial status continues to outpace its global counterparts. "The world is slowing, but we're not slowing, "Trump said during an exclusive interview on" Mornings with Maria. "" And frankly, if we did not have somebody that would raise interest rates …

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Stocks fall as Fed's economic concerns come in focus

U.S. stocks rose to Thursday, with advances in Apple (AAPL) shares helping to buoy the indices. The S & P 500 (^ GSPC) rose 0.91%, or 25.58 points, as of 1:34 p.m. ET. The Dow (^ DJI) rose 0.79%, or 203.99 points. Apple's stock market advances, with their shares trading up their 200-day moving average Wall Street firm Needham upgraded …

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Fed balance sheet, economic prospects under the microscope

WASHINGTON (Reuters) – It is expected that the US Federal Reserve will keep interest rates stable on Wednesday, accelerate the jump increase planned for the remainder of the year, and provide the long-awaited details of a plan to end the monthly cut of its massive balance sheet. The Federal Reserve Board building on Constitution Avenue is pictured on March 19, …

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