Tag: Economic outlook
World Bank raises China growth outlook to 8.5%
BEIJING — The World Bank raised its forecast of China’s economic growth this year to 8.5% from 8.1% and said Tuesday a full recovery...
Biden to tout economic benefits of infrastructure package
WASHINGTON — President Joe Biden is hoping to get the bipartisan infrastructure deal on track by highlighting its expected economic benefits, stressing the $973...
Infrastructure spending promises boost for industry
Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies that make machinery and materials a solid foundation...
Health economist: Opioids cost community $3.3B in damages
CHARLESTON, W.Va. — A Harvard health economist has testified that prescription opioids have caused an estimated $3.3 billion in damages in a West Virginia...
Delicate task for Fed: When to pull back on low-rate support
WASHINGTON — With inflation rising in a fast-rebounding economy, the Federal Reserve is poised this week to discuss when it will take its first...
Europe’s stimulus likely to keep running as economies reopen
FRANKFURT, Germany — The European Central Bank is expected to leave its stimulus efforts running at full steam Thursday — even as the economy...
Brazil’s economy grows more than expected in first quarter
RIO DE JANEIRO — Brazil's economy grew more than expected in the first quarter of 2021, continuing its rebound from pandemic recession as many...
Forecast: Global economy rebounding, faces multiple threats
FRANKFURT, Germany — The global economic rebound from the pandemic has picked up speed but remains uneven across countries and faces multiple headwinds including...
German GDP slumps but optimism up as vaccinations increase
BERLIN — Germany's economy contracted more than expected in the first quarter amid coronavirus lockdown measures, according to statistics released Tuesday, but a leading...
Survey: Business economists foresee best growth in 37 years
WASHINGTON — The nation's business economists have grown much more optimistic about the U.S. economy this year, with a majority predicting that increased vaccinations,...