GDP

ARK Invest’s Cathie Wood looks past rising consumer prices to focus on deflation

Deflation will likely become a larger force in financial markets in the year ahead despite the recent spike in consumer…

4 years ago

UK faces new debt surge in climate push, early action best – OBR

Britain faces another jump in its 2-trillion-pound ($2.8 trillion) public debt pile to make its economy net carbon zero by…

4 years ago

130 countries back global minimum corporate tax of 15%

Most of the countries negotiating a global overhaul of cross-border taxation of multinationals have backed plans for new rules on…

4 years ago

IMF raises U.S. 2021 growth forecast to 7%, assumes Biden spending plans pass

The International Monetary Fund raised its 2021 U.S. growth projection sharply to 7.0% due to a strong recovery from the…

4 years ago

China manufacturing slows as supply shortages roil Asia industry

Growth in China's June factory activity dipped to a four-month low on higher raw material costs, a shortage of semiconductors…

4 years ago

U.S. consumer confidence at 16-month high; house price inflation heating up

U.S. consumer confidence jumped to its highest level in nearly 1-1/2 years in June as growing labor market optimism amid…

4 years ago

Britain begins negotiations to join trans-Pacific trade deal

Britain will begin negotiations on Tuesday to join a trans-Pacific trade deal that it sees as crucial to its post-Brexit…

4 years ago

The great exit: central banks line up to dial back emergency stimulus

The U.S. Federal Reserve is projecting a faster timetable for interest rate rises and Norway's central bank is preparing markets…

4 years ago

SNB hikes Swiss inflation view but policy to stay ultra-loose

The Swiss National Bank on Thursday signalled monetary policy would stay ultra-loose for the foreseeable future, saying projected higher inflation…

4 years ago

NZ economy surges as housing, retail drive post-COVID recovery

New Zealand's economic growth swept past forecasts in the first quarter on the back of a housing boom and strong…

4 years ago