Tag: Economic outlook
Asian lender forecasts strong rebound for region in 2021
NOT YET — Developing Asian economies will grow at a solid 7.3% pace this year after contracting slightly in 2020 due to the pandemic,...
Text of the Federal Reserve’s statement after its meeting
WASHINGTON — Below is the statement the Fed released Wednesday after its policy meeting ended:
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German government raises 2021 economic growth forecast
BERLIN — Germany is raising its economic growth forecast for the year on the expectation of the gradual lifting of coronavirus restrictions and an...
Google’s 1Q ad sales surge 32% as economic recovery builds
SAN RAMON, Calif. — Google’s digital advertising network has shifted back into high gear after an unprecedented reversal during the early stages of the...
Survey: Business economists more optimistic about US growth
WASHINGTON — The accelerated rollout of COVID-19 vaccines, along with the Biden administration's rescue aid policies, have brightened the outlook for the U.S. economy...
This Week: Consumer confidence, Fed meeting, Amazon earns
A look at some of the key business events and economic indicators upcoming this week:
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Even as economy heats up, Fed to stick with near-zero rates
WASHINGTON — Hiring is accelerating as Americans increasingly venture out to shop, eat at restaurants and travel, and inflation pressures are even picking up...
Greece closer to investment grade with ratings upgrade
Greece moved closer to investment grade late Friday after Standard & Poor’s upgraded its sovereign rating for the debt-strapped country by one notch to...
With Europe’s economy lagging, ECB to keep stimulus running
FRANKFURT, Germany — The European Central Bank is expected to signal Thursday that even if inflation rises later this year it won't consider cutting...
Also roaring back from pandemic; earth warming emissions
SILVER SPRING, Md. — Global warming emissions are expected to spike this year as the world emerges from the coronavirus pandemic and economies begin...