Tag: Economic Forecast
The Dollar’s Dominance: Is It Coming to an End?
For like, forever, dollars have been the world's go-to financial language. Central banks all over the place stash their cash in dollars. Countries, businesses, and folks use it for trading; like, around 90% of...
Fed to Maintain Steady Interest Rates on Wednesday
The Federal Reserve is expected to hold interest rates steady today. They are concerned about President Trump's tariffs maybe rekindling inflation and slowing economic growth. Not really sure why this matters, but hey, it's...
Australia’s Economic ‘Miracle’ Nearing End Regardless of Election Outcome
Whoever wins Saturday’s Australian federal election is going to have their work cut out for them, that's for sure. The once-soaring Australian economy, often dubbed a "miracle economy," is starting to show signs of...
Goldman Sachs Downgrades Australia Economic Forecast Amid Trump Tariff Concerns
Goldman Sachs Group Inc. has revised its economic growth forecast for Australia in 2025, citing potential negative effects from the anticipated increase in tariffs on China by the incoming Trump administration. The new forecast...
Impacts of GDP and Storm-Impacted Jobs on Fed Policy Meeting: What to Expect
A week before Federal Reserve officials gather to reflect on the appropriate tempo of interest-rates cuts, three high-profile reports are set to show underlying resilience in the US economy and a temporary hiccup in...