World Bank Cuts Global Economic Growth Forecast Amid Tariff-Fueled Uncertainty

The global economy could grow less this year than previously projected, the World Bank said Tuesday, citing uncertainty over tariffs and ongoing trade disputes. Read More

Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%

President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday. Read More

Australian dollar’s wild swings to continue as ‘King Dollar’ faces challenges

As the US grapples with a toxic mix of policy uncertainty, unsustainable debt levels and declining global confidence, the days of taking American economic dominance for granted appear numbered. Read More

Australia’s economic growth stalls

Australia’s growth slowed in the March quarter, as the OECD cut forecasts and called for urgent housing and climate reforms. Despite modest improvements in household spending and a lift in residential ... Read More

NZ Budget 2025: economic forecasting is notoriously difficult, but global uncertainty is making it harder

The cut reflects weaker than expected growth owing to global economic turmoil. It also highlights just how difficult it is to predict what is going to happen when it comes to the economy. Read More

Australia's economic growth slows to 0.2 per cent in first quarter - ABC News - ABC (Australian Broadcasting Corporation)

Australia's economy grew by 0.2 per cent in the March quarter, and 1.3 per cent through the year, coming in below expectations. Treasurer Jim Chalmers speaks to 7.30’s Sarah Ferguson. Read More

Extreme weather events have slowed economic growth, adding to the case for another rate cut - MSN

Australia’s economy slowed sharply in the March quarter, growing by just 0.2% as government spending slowed and extreme weather events dampened demand. That followed an increase of 0.6% in the ... Read More

IMF drops global economic growth forecast amid uncertainty around Trump’s tariffs | PBS News

The IMF said that the global economy will grow just 2.8 percent this year, down from its forecast in January of 3.3 percent, according to its latest World Economic Outlook. And in 2026, global ... Read More

Why the IMF is slashing Australia's economic growth forecast

Australia's growth outlook has taken a severe cut in a dire assessment of the global economy by the International Monetary Fund (IMF). In its World Economic Outlook for April, the United Nations ... Read More

Treasurer Jim Chalmers warns of global economic fallout | Sky News Australia

The Treasurer’s speech will allude to pressures on global growth as outlined by the World Bank’s latest forecast. Mr Chalmers warning follows a World Bank prediction of slowing economic growth ... Read More

Australia's muted Q1 economic growth signals need for more stimulus - Yahoo Finance

SYDNEY (Reuters) -Australia's economy barely grew in the first quarter as consumers stayed stubbornly frugal and government spending, the engine of activity last year, sputtered to a standstill ... Read More

German Economic Institutes Cut Forecast for 2025 to 0.1% Growth, Sources Say - U.S. News

BERLIN (Reuters) - German economic institutes have cut their forecast for this year to 0.1% growth from the 0.8% growth expected in September, two sources told Reuters on Tuesday, adding that the ... Read More