GDP News
Swiss Re Chief Economist: First Fed Rate Hike Will Be In 2015 or Later
After Wednesday's decision by the Federal Reserve to maintain the target Fed funds rate at zero to 25 basis points, Swiss Re's Chief Economist, Kurt Karl, said that with economic growth this year ...U.S. First-Quarter Growth Cut To 1.8 Percent
U.S. economic growth was more tepid than previously estimated in the first quarter, held back by a moderate pace of consumer spending, weak business investment and declining exports. Gross domestic ...Analysis: Economic Rescue Plans In Doubt After Years Of Weak Growth
More than three years after the end of the global recession, sluggish activity across rich and poor economies is confounding policymakers who expected more by now and raising concerns that options ...
Influential Economic Study On Austerity May Be Flawed; Spreadsheet Coding Errors Blamed
One of the key intellectual touchstones in the move towards government austerity efforts around the world may have been incorrect in its conclusions due in part to spreadsheet coding errors, ...Singapore’s Economic Outlook Cautious Despite Q4 Recovery
The outlook for Singapore's economy is "cautiously positive", the government said on Friday, reiterating its growth forecast of 1-3 percent for this year after fourth quarter and 2012 gross domestic ...