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IMF growth downgrade, Fed split and oil fears dominate week in global economy
The International Monetary Fund forecasts a sluggish global economic growth of three percent this year. US home prices have reached an all-time high, impacting affordability for buyers. Federal Reserve officials are divided on future inflation trends and interest rate adjustments. Global oil demand is expected to decline for the first time since 2020. US jobless claims have dipped modestly, indicating a stable job market.
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apnews.com
America In Focus: Fed officials divided on US inflation views; US home prices hit all-time high
The Federal Reserve’s rate-setting committee is split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes…
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economictimes.indiatimes.com
IMF growth downgrade, Fed split and oil fears dominate week in global economy
The International Monetary Fund forecasts a sluggish global economic growth of three percent this year. US home prices have reached an all-time high, impacting affordability for…