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Economy News Australia To Cut Key Global Economy Growth Forecasts In Budget | RobinsPost News & Noticias

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


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

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

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


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

Bank of Mexico Cuts Economic Growth Forecasts - WSJ


The country’s central bank said it expects Mexico’s gross domestic product to grow 0.1% this year, down from its previous estimate of 0.6%. Read More

IMF drops global economic growth forecast amid uncertainty around ... - PBS


The forecasts are largely in line with many private-sector economists' expectations, though some do fear a recession is increasingly likely. Read More

Australia's economic growth slows to 0.2 per cent in first quarter


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

NZ Budget 2025: economic forecasting is notoriously difficult, but ...


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 first-quarter economic growth misses estimates, expanding ...


Australia's economy grew less than expected in the first quarter this year, the Australian Bureau of Statistics said in a statement Wednesday, as growth stalled amid the simmering global trade ... Read More

Why the IMF is slashing Australia's economic growth forecast


In its latest assessment of the global economy, the International Monetary Fund has slashed its growth outlook for Australia. Read More

OECD forecasts lowest economic growth since COVID


The OECD is out with some new growth forecasts, and they're not looking pretty. Estimates for the global economy and the U.S. have been cut further due to "substantial increases in trade barriers ... Read More

US economic outlook slashed by OECD as Trump's tariffs upend global growth


"Global economic prospects are weakening," the OECD said. The United States' economic growth forecast was cut sharply on Tuesday by the Organization for Economic Co-operation and Development, or ... Read More

Bleak IMF forecast for Australian, global economy raises alarm bells as ...


Bleak IMF forecast for Australian, global economy raises alarm bells as Donald Trump's trade war hurts growth forecasts Australia could face economic turmoil as the IMF has slashed its growth ... Read More


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