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IMF growth projections “good news” for the US, underwhelming globally

IMF growth projections “good news” for the US, underwhelming globally

by Hannah Webster | Oct 22, 2024 | Business, Featured, Topics

WASHINGTON — The International Monetary Fund nudged its growth forecast for the United States upward Tuesday, amid steady economic growth and a global dip in inflation. The latest World Economic Outlook, released during the IMF annual meeting, projected the U.S....
High likelihood of interest rate cuts in 2024, Fed governor says

High likelihood of interest rate cuts in 2024, Fed governor says

by Clare Zhang | Jan 17, 2024 | Business, Featured, Topics

WASHINGTON – Strong economic performance, including solid retail sales growth, signals a good likelihood that the Federal Reserve board will cut interest rates this year, Federal Reserve Board Governor Christopher Waller said Tuesday. In the fourth quarter of 2023,...

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