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US remains engine of global growth
US remains engine of global growth in latest IMF forecasts
The U.S. economy will continue to provide most of the thrust for global growth through the balance of this year and in 2025, led by robust consumer spending that has held up through a wrenching bout of inflation and the high interest rates used to tame it,
IMF Raises U.S. Economic Growth Forecast for 2024 While Overall Global Output Remains Unchanged
The international economic organization heralded progress on inflation while warning about anti-globalization policies and geopolitical tensions.
US continues to be the engine of global growth in IMF forecast for world economy
The IMF forecast that the global output will expand 3.2 percent, 0.1 percentage point slower than its July estimate, and predicted that inflation will slow down to 4.3 percent next year from 5.8 perce
1d
on MSN
Obama, Trump, Biden: Presidential impact on the US economy
Over the past 15 years, the US economy has fared well compared with those of other countries, no matter who was in the White ...
3d
on MSN
US Interest Burden Hits 28-Year High, Escalating Political Risk
The US debt interest-cost burden climbed to the highest since the 1990s in the financial year that’s just ended, escalating ...
2d
on MSN
Here's the trading playbook as data piles up in support of a 'no landing' for the US economy
The US may now be headed toward a 'no landing,' as growth remains above trend. Though that slashes rate cut hopes, it's a ...
1d
on MSN
The US can 'ill afford' another war now its rivals are teaming up so well, US general says
Gen. Charles Flynn said that the US' authoritarian rivals had been placing increasing pressure on US resources.
21h
Italy's low defence spending could cramp Meloni's style if Trump wins US vote
Italian Prime Minister Giorgia Meloni carefully courted Donald Trump when he was U.S. president and could be well-placed to ...
Yen on MSN
3d
US budget deficit widens to $1.8t, third-highest on record
The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on ...
9d
Will the US Economy Keep Up the Pace in the Fourth Quarter?
Economic momentum is projected to slow in the fourth quarter, but economists expect consumers will provide enough power to ...
12h
US, Europe matching rate paths must diverge
U.S. and European interest rates have followed parallel paths this year, even as the regions' economic and inflationary ...
4d
on MSN
China stocks move up on GDP growth surprise as US stocks flirt with record highs
China: stocks move up on economic growth upside surprise. Chinese stocks closed sharply up today as the country’s ...
10h
IMF Projects GDP Growth at 3.2% for Pakistan in FY25
The International Monetary Fund (IMF) has projected GDP growth rate for Pakistan at 3.2 percent for fiscal year 2025 against ...
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