BENGALURU, Dec 9 (Reuters) – The U.S. economy is heading for a short and shallow recession over the coming year, according to economists polled by Reuters who unanimously expected the Federal Reserve to US opts for a lower interest rate hike of 50 basis points in December. 14. The Fed still has at least half …
US heading for shallow recession, no respite yet from rate hikes: Reuters poll Read More »
Dec 7 (Reuters) – China on Wednesday announced the most sweeping changes to its strict zero COVID policy since the pandemic began three years ago, easing rules that had curbed the spread of the virus but had hobbled the world’s second-largest economy worldwide and sparked protests. The easing of rules, which include allowing infected people …
Reaction to China’s easing of COVID restrictions in major policy shift Read More »
LONDON, Nov 23 (Reuters) – After some of the biggest losses ever in emerging markets this year, the bulls are back, betting the time is right for a rebound. With warnings that global interest rates are stabilizing, China is easing COVID restrictions, and nuclear war is averted, investment banks’ annual forecasts for 2023 suddenly have …
Analysis: In emerging markets, the bulls are back Read More »
