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That puts the world economy on course for its weakest pace of growth in 17 years, excluding two global recessions — the first in 2009, following the financial crisis; and the second in 2020, the ...
When it comes to economic reports, that was some week last week. The Federal Reserve didn't cut its key interest rate. The ...
The annual report of the Bank for International Settlements has pointed to the decades-long slowdown in the global economy, exacerbated by Trump’s economic war, and the “vulnerabilities” in ...
The World Bank’s Global Economic Prospects report, published Tuesday, paints a bleak picture of the world economy over the first seven years of the 2020s—although it stopped short of ...
Yellen will also be coordinating efforts across the government to most effectively manage U.S. global financial engagement on climate change and other risks.
The U.S. economy grew 2.8 percent in 2024. “Through to the end of 2024, the global economy showed real resilience,” said Mathias Cormann, the organization’s secretary general.
Janet Yellen, a former Treasury Secretary and former chair of the Federal Reserve, sees severe impacts in store for average Americans. “What this is going to do is to raise interest rates even more.
US strikes on Iran’s three main nuclear facilities come at a fragile moment for the global economy, and the outlook now hinges on how forcefully the Islamic Republic retaliates.
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