The Latest Breaking News from Economic Growth

Sunak promises to cut taxes ‘carefully and sustainably’

Ahead of the autumn statement, Prime Minister Rishi Sunak set out five ‘long-term decisions’ to boost economic growth.

The Independent UK · Nov 20, 2023

The Recent Uptick In Global Trade Won’t Last: The Kiplinger Letter

Global trade continues to fall as economic growth around the world cools.

Kiplinger · Nov 20, 2023

Tax cuts rumoured but the UK's autumn statement will offer little economic comfort

The UK chancellor’s autumn statement is likely to be relatively uneventful – yet extremely significant. Although some headline-seeking tax cuts are rumoured, sluggish economic growth and persistent inflation leave little scope for major policy announcements.

The Conversation · Nov 20, 2023

Law and order and the economy are focus of the British government's King's Speech

Britain’s Conservative government is setting out a pre-election policy slate including tougher sentences for criminals and measures to tame inflation and boost economic growth

The Independent UK · Nov 7, 2023

Cathie Wood Warns Of Inverted Yield Curve, Signals Slower Economic Growth

Ark Investment Management's Cathie Wood discusses bond yields and deflationary signals

Zenger · Nov 6, 2023

The 'drums of war' are receding, but Anthony Albanese still faces many uncertainties on his trip to China

Fifty years ago this week, Prime Minister Gough Whitlam visited the People’s Republic of China, establishing a relationship that has become mutually beneficial in terms of economic growth and development to both China and Australia.

The Conversation · Nov 2, 2023

Will Fed Chair Powell Signal Higher for Longer Interest Rates?

The Federal Open Market Committee (FOMC) later today is widely expected to hold interest rates steady for a second meeting while also leaving the possibility of a 25 bp rate hike at the December meeting if U.S. economic growth remains buoyant. The FOMC’s rate decision and post-meeting press conference by...

Barchart · Nov 1, 2023

Powell likely to underscore inflation concerns even as Fed leaves key rate unchanged

For the first time in nearly two years, the Federal Reserve is set Wednesday to keep its key short-term interest rate unchanged for a second straight policy meeting — the clearest sign to date that the Fed is edging closer to the end of its rate-hiking campaign

The Independent UK · Nov 1, 2023

US consumers keep spending briskly even in the face of persistent inflation and high interest rates

An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth

The Independent UK · Oct 27, 2023

Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious

The Biden administration celebrated the surge in U.S. GDP growth Thursday, but economists and analysts warn it could be the last hurrah for an ailing economy.

Fortune · Oct 26, 2023