Fed to hold rates steady despite Trump’s push for big cuts
The Federal Reserve is expected to leave interest rates unchanged on Wednesday, six days after President Donald Trump again demanded…
German economy falls back into recessionary territory
Can we measure a gap between hard and soft economic data, between optimism and tough reality? Yes, we can. In…
BCA still sees recession coming, but could take longer
BCA Research has been among the most bearish forecasters on the U.S. economy and stock market, but chief global strategist…
Tariffs Hurt Sector Outlooks in Developed Europe
We have revised several 2025 sector outlooks to ‘deteriorating’ from ‘neutral’ to reflect growing trade risks and forecast cyclical deceleration…
Trump says India deal not finalised, higher tariffs possible
U.S. President Donald Trump said a trade deal with India has yet to be finalised and warned of possible higher…
Euro zone growth holds up better than feared in Q2
Euro zone economic growth held up better than feared last quarter, suggesting that businesses are adapting to trade uncertainty, potentially…
Rebound in US economic growth in Q2 masks underlying weakness
U.S. economic growth rebounded more than expected in the second quarter, but that grossly overstated the economy’s health as declining…
Powell says Fed does not consider government interest rate costs in policy debate
U.S. Federal Reserve Chair Jerome Powell on Wednesday said there is no place for the central bank to consider government…
Strong headline growth in the US masks cooler domestic demand
Trade reversal boosts 2Q GDP Second-quarter GDP growth in the US has come in at 3% annualised, above the 2.5%…
Busan aims to boost transshipment volumes with new $573 million feeder terminal
Development of the new terminal comes as gains in transshipment volumes are outpacing the increase in gateway cargo at Busan,…