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The IMF expects inflation to average 5.9% around the world this year, down from an average of 6.8% in 2023 but 0.1 percentage points above its January forecast.
Global growth is projected to be 3.2% in 2025, one-tenth of a percentage point lower than forecast in July, while medium-term growth is expected to fade to a "mediocre" 3.1% in five years, well ...
Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid ...
(COLORADO SPRINGS) — In this week’s economic update, interest rates dropped again this week, but how will this impact our economy in 2025? Director of Data-Driven Economic Strategies (DDES ...
Blue Chip Economic Indicators is a monthly survey and associated publication by Wolters Kluwer collecting macroeconomic forecasts related to the economy of the United States. [1] The survey polls America's top business economists, collecting their forecasts of U.S. economic growth, inflation, interest rates, and a host of other critical ...
President Biden will deliver remarks Friday evening about the state of the economy and the most recent jobs report, which showed the country added a whopping 256,000 jobs last month. This report ...
SPF has been used in academic research on forecast accuracy and forecast bias. [4] [7] [8] A 1997 analysis of density forecasts of inflation made in the SPF finds: "The probability of a large negative inflation shock is generally overestimated, and in more recent years the probability of a large shock of either sign is overestimated.
The Atlanta Fed's GDP Now tool, which incorporates real-time data throughout the quarter to project economic growth, currently projects the US economy grew at a 3.3% annualized pace in the final ...