America is WINNING the world economic race! US economy grew faster than any other G7 country last year (but it falls below China and India)

US GDP grew ... increase by 5.2 percent and 6.7 percent respectively. The IMF said the risk of a global recession had now greatly receded as it predicts the world economy will grow 3.1 percent ... Read More

World moving towards recession but Indian economy expanding continuously: Experts on IMF report

After the IMF's World Economic Outlook forecast that India is set to remain the fastest-growing among major economies in 2024, experts hailed the IMF projections and highlighted that the Indian ... Read More

US Economy News Today: Federal Reserve Officials Downplay Rate Cut Expectations

Federal Reserve speakers will continue to parse incoming data in public speaking engagements and the Fed's turn toward "higher-for-longer" interest rates put more pressure on the housing market. Read More

IMF raises growth forecast for ‘overheated’ US economy and urges caution on rate cuts

The US economy’s standout performance will be a major driver of global growth this year but could make America’s inflation problem harder to solve, according to the International Monetary Fund. Read More

Economy expanded faster than expected on boost from shoppers, strong job market

The US economy grew faster than previously estimated ... consumption adjustments increased $133.5 billion in the fourth quarter after rising $108.7 billion in the July-September quarter. Read More

The $7 trillion boost to the US economy from immigration has downsides too

The US economy defied forecast after forecast predicting an imminent recession over the past two years. Instead, it grew beyond belief ... encountered more than 2.5 million migrants crossing ... Read More

What is a recession and how could it affect me?

The last UK recession was in 2020 ... the world's largest economies. The US economy grew by 3.3% in the fourth quarter of 2023, which was much better than expected. That put the US at 2.5% ... Read More

Latina America forecasted to grow 5,8% in 2021, IMF Outlook

The IMF Global Economic Outlook increased 1,2 percentage points ... estimate for the world growth at 6% . Last April the 2021 forecast for Brazil and Mexico was 3,7% and 5% respectively, but ... Read More

World Bank projects Indian economy to grow at 7.5% in 2024

Washington: The Indian economy is projected to grow at 7.5 per cent in 2024, the World ... rebound in foreign portfolio investment inflows in FY2023/24 contributed to foreign reserves rising 8 ... Read More

Indian economy to grow at 7.5% in 2024: World Bank

The Indian economy is projected to grow at 7.5 percent in 2024, the World Bank has said, revising its earlier projections for the same period by 1.2 percent. The World Bank forecasts India's ... Read More