Thursday, July 4, 2024

Economists

US Recession 2024 Becomes Hot Debate among Economists Sharing Mixed Views

2024 could be a slower year for the business landscape in the US economy, however, many economists are positive that the US recession could be thwarted with a soft landing. Bulls made a strong comeback this year in...

Deutsche Bank Economists Expect US Recession to Prompt 175 Basis Points in Fed Rate Cuts in 2024

Economists at Deutsche Bank foresee 175 basis points in rate cuts in 2024. According to economists at Deutsche Bank, the Fed (Federal Reserve) is likely to cut rates quite aggressively in the first half of 2024. The new report...

Eurozone Q2 GDP Beats Expectations, Inflation Down but Economists Still Fear Recession

While inflation in Eurozone shows signs of slowing down, it still remains much higher than the targeted 2%. Economists also pointed out other cracks in the Eurozone economy. For the month of July 2023, the Eurozone has delivered...

Goldman Sachs Economists Believe Fed Will Not Hike Interest Rate in March

According to Goldman Sachs, the relief package that is currently being provided to distressed banks stops short of similar reliefs implemented during the 2008 financial crisis. Economists at American multinational banking giant Goldman Sachs Group Inc (NYSE: GS) have...

Goldman Sachs Economists Predict UK 2023 Recession Could Rival That of Russia

According to Goldman’s 2023 macroeconomic, the recession in the UK will come close to the crunch in sanctioned Russia. Goldman Sachs (NYSE: GS) economists recently predicted that in 2023, the economic recession in the UK could hit as badly as Russia’s. In...

Economists Expect Lower Consumer Inflation in November Ahead of CPI Report

The incoming CPI report is less likely to affect the Federal reserve’s meeting, but it may indicate a longer-term trajectory for interest rates. Prices of goods and services continue to surge even though economists expected that...

El Salvador President Snaps Back at Economist’s “Crackpot BTC Law” Comments

El Salvador, the small Central American Nation is all set to bring Bitcoin Law into effect from September 7. The Latin American country created history on June 9 after Congress approved Bitcoin as a legal tender. The bold...
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