Tag: Economic growth
US Dollar Unsettled by Mixed PCE Data
The US Dollar, as measured by the DXY Index, faced some challenges in bouncing back after the release of mixed Personal Consumption Expenditures (PCE)...
Navigating the Challenge of Stubborn Services Inflation
The European Central Bank (ECB) is facing challenges in dealing with stubborn services inflation, according to Executive Board member Isabel Schnabel. She mentioned that...
Chicago Fed Report: Economic Growth Decline in June
The Chicago Federal Reserve's National Activity Index (CFNAI) is a key indicator of economic activity and inflationary pressure, based on 85 monthly indicators. In...
US Economic Data Preview: GDP and PCE Inflation Ahead of July FOMC
The Federal Reserve is eagerly awaiting the release of key economic data this week to gain a better understanding of the current state of...
China’s Annual Growth Target Likely to Be Missed – Economic Analysis and Forecast
The recent economic data from China has been disappointing, leading to a revision in the annual GDP growth forecast for 2024. The country's economy...
China’s Monetary Policy Framework Reforms: What You Need to Know
China's Monetary Policy Framework Reforms: What You Need to KnowThe Governor of the People's Bank of China, Pan Gongsheng, recently gave a speech at...
Navigating Challenges: IMF’s Outlook on Inflation Trends
The International Monetary Fund (IMF) recently issued a warning about the increasing risks of inflation, which could impact the possibility of multiple interest rate...
Japan’s Economic Growth Forecast to be Reduced in Upcoming Report
The Japanese government typically releases economic growth forecasts twice a year, in January and July. The upcoming report, set to be released next week,...
China’s Consumer Price Index (CPI) Slows to 0.2% in June, Producer Price Index (PPI)...
China's Consumer Price Index (CPI) showed a slowdown to 0.2% year-on-year in June, dropping from the 0.3% year-on-year seen in May. This missed expectations...
Goldman Sachs Predicts Soft Landing for US Economy, Expects Fed Rate Cut in September
Goldman Sachs recently made a prediction about the US economy, stating that they expect a soft landing. They also anticipate that the Federal Reserve...
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AI Transforming Financial Services: The Future of Banking and Investments
FintechZoom.io continues to highlight how Artificial Intelligence (AI) is reshaping financial services, from banking automation to fraud prevention and investment strategies. As financial institutions...
