IMF raised the global growth forecast for next year
The International Monetary Fund on Tuesday raised the global growth forecast for next year and the growth is projected to be driven largely by the expansion in the advanced economies, while their emerging and developing peers are set to have modest gains.
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OECD Ups Global Growth Forecast For Next Year
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The Organisation for Economic Cooperation and Development raised the growth projection for next year, while lowering the same for this year, and expressed concern over the increasingly uneven nature of the economic recovery from the slump caused by the pandemic as well as rising inflationary pressures.
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IMF: the global economic recovery is continuing
The International Monetary Fund on Tuesday said the global economic recovery is continuing, but the momentum has weakened due the resurgence of the Covid-19 pandemic triggered by the Delta variant.
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U.S. Housing Starts unexpected decrease in September
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A report released by the Commerce Department on Tuesday showed an unexpected decrease in new U.S. residential construction in the month of September.
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Fed Unveils 'Tough New Rules'
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The purchase of individual stocks and bonds will be prohibited for Fed policymakers and senior staff.
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Fed announces to begin scaling back its asset purchases
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In a widely expected move, the Federal Reserve announced Wednesday that is has decided to begin scaling back its asset purchases later this month. The Fed said it plans to reduce its $120 billion in monthly bond purchases by $15 billion per month, citing the substantial further progress the economy has made toward its goals of maximum employment and price stability.
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Gold’s Popularity Could Rise In 2022
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People are getting worried, setting stage for interest in inflation protection investments
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