This is a discussion on Next Week News within the Analytics and News forums, part of the Trading Forum category; The International Monetary Fund on Tuesday raised the global growth forecast for next year and the growth is projected to ...
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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Reflecting higher prices for shelter, food, energy, and new vehicles, the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased in line with economist estimates in the month of July. The Labor Department said its consumer price index climbed by 0.5 percent in July after jumping by 0.9 percent in June.
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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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Novavax stock (NASDAQ: NVAX) declined by about 23% over the last week (five trading days), underperforming the S&P 500 which lost around 3% over the same period. The stock also remains down by about 31% over the last month (21 trading days) The recent decline comes as pharma major Merck provided...
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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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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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The purchase of individual stocks and bonds will be prohibited for Fed policymakers and senior staff.
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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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The World Bank’s Ease of Doing Business Indicators: A Different Perspective In September, the World Bank announced that it will terminate its “Ease of Doing Business Rankings” (EDBR).
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People are getting worried, setting stage for interest in inflation protection investments
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