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global growth News
OECD cuts global economic growth forecast over trade tensions, Brexit uncertainty
Wed, Mar 06, 2019
Growth in China, which faces an economic slowdown, was revised down slightly to 6.2 per cent from 6.3 per cent for this year and was steady at six per cent for 2020. But the OECD warned that "a sharper slowdown in China would hit growth and trade prospects around the world".
IMF lowers global growth rate projections for 2019 to 3.5%; This is why
Mon, Jan 21, 2019
According to the report, the main shared policy priority is for countries to resolve cooperatively and quickly their trade disagreements and the resulting policy uncertainty, rather than raising harmful barriers further and destabilising an already slowing global economy.
Global economy has peaked; trade war torpedoes optimism
Thu, Jul 26, 2018
World stocks have been whipsawed by several sell-offs in recent weeks. The dollar has risen 5 percent since April on those concerns and on still-solid expectations for several more Federal Reserve interest rate hikes this year and next.
2018 global growth to roll to highs not seen in eight years: Reuters poll
Wed, Jan 24, 2018
The global economy is expected to grow at a robust pace this year and reach an altitude not seen since 2010, as momentum builds in developed economies and inflation revives, Reuters polls of over 500 economists showed.
IMF's 7.4% growth forecast for India in FY19 a boost to Modi govt
Tue, Jan 23, 2018
IMF in its World Economic Outlook update, January 2018, said that India will grow 7.4% and 7.8% in FY19 and FY20, respectively.
Risks of ‘barks’ becoming ‘bites’ cannot be ignored: Standard Chartered
Thu, Dec 14, 2017
"Monetary policy in general is likely to shift from ultra-accommodative to more neutral as inflation rises but remains well below longer-term averages," the Standard Chartered report said, adding "The biggest risk to global growth in 2018 is complacency; warning signs, if ignored, could turn ‘barks’ into ‘bites’," said the report
Asian markets firm to near 10-year high ahead of US, China economic data
Fri, Oct 13, 2017
But MSCI's broadest gauge of the world stocks exchanges covering 47 markets hit another record high, extending its gains so far this year to 17%.
BOJ holds policy steady; upgrades view on global growth
Fri, Jun 16, 2017
The Bank of Japan kept monetary policy steady on Friday and upgraded its assessment of private consumption and overseas growth, signalling its confidence that an export-driven economic recovery was broadening and gaining momentum.
World Bank maintains 2.7% global growth forecast for 2017
Mon, Jun 05, 2017
Growth in emerging markets such as India, Brasil, Russia, China, Indonesia and Mexico is expected to surpass the long term average by 2018.
Emerging economies account for over 75% of global growth: Arun Jaitley
Sat, Apr 22, 2017
The discussion sessions focused on the Compact with Africa, Financial Sector Development and Regulations, International Financial Architecture and Global Financial Governance.
IMF maintains 3.1% global growth forecast in 2016
Tue, Oct 04, 2016
The IMF revised down its 2016 growth prospects for advanced economies following a slowdown in the United States and Britain`s vote to leave the European Union
China's second-quarter growth slows to 6.6%: AFP poll
Wed, Jul 13, 2016
China`s growth slipped to a new seven-year low of 6.6% in the second quarter, according to an AFP survey, despite government efforts to spur activity in the world`s second-largest economy.
India to grow at 7.6% despite World Bank cutting global growth forecast to 2.4%
Wed, Jun 08, 2016
In its Global Economic Prospects Report released on Tuesday, the Washington-based institution expected the world economy to grow 2.4% in 2016, 0.5 percentage point lower than the bank's forecast in January, Xinhua news agency reported.