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World Bank cuts Sub-Saharan Africa growth forecast

The World Bank has dropped its 2018 economic growth forecast for Sub-Saharan Africa, partly blaming sluggish growth in some of the region's bigger economies. Sam Holder reports......»»

Category: videoSource: reutersOct 11th, 2018

World Bank: Sub-Saharan Africa set for 3.1% growth in 2018

Sub-Saharan Africa is on course for economic growth of 3.1 percent this year, the World Bank says, marginally slower than it previously forecast but faster than last year thanks to rising commodity prices. Pascale Davies reports......»»

Category: videoSource: reutersApr 22nd, 2018

World Bank: Sub-Saharan Africa set for 3.1% growth in 2018

Sub-Saharan Africa is on course for economic growth of 3.1 percent this year, the World Bank says, marginally slow.....»»

Category: topSource: usatodayApr 22nd, 2018

IMF cuts world growth forecast on tariff wars, emerging market strains

The International Monetary Fund has cut its global economic growth forecasts for 2018 and 2019, saying that the U.S-China trade war was taking a toll and emerging markets were struggling with tighter liquidity and capital outflows. David Pollard reports......»»

Category: videoSource: reutersOct 9th, 2018

WTO Cuts Trade Growth Forecast Citing Heightened Tensions

World trade will slow more sharply than previously expected this year and next, as global tariffs rise, the World Trade Organization said......»»

Category: topSource: wsjSep 27th, 2018

World stocks wobble as Wall St. cuts losses; oil off after U.S. data

A gauge of stocks across the world pared losses on Wednesday as a rally in bank shares helped buoy Wall Street, but the outlook on earnings soured after a warning on the European auto sector and a revenue miss from IBM......»»

Category: topSource: reutersOct 17th, 2018

Bank of America profit beats estimates on cost cuts, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest rates and loan growth helped offset lower bond trading revenue......»»

Category: topSource: moneycentralOct 15th, 2018

Bank of America profit beats estimates on cost cuts, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest rates and loan growth helped offset lower bond trading revenue......»»

Category: topSource: moneycentralOct 15th, 2018

Bank of America profit beats on lower costs, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender benefited from cost cuts, while higher interest rates and loan growth helped offset weaker bond trading revenue......»»

Category: topSource: reutersOct 15th, 2018

Bank of America profit rises 35% on tax cuts, loan growth

Net income applicable to common shareholders rose to $6.7 billion, or 66 cents per share, in the third quarter ended Sept. 30 from $4.96 billion, or 46 cents per share, a year earlier......»»

Category: topSource: foxnewsOct 15th, 2018

BOJ"s Kuroda says Fed rate hikes good for global economy

Bank of Japan Governor Haruhiko Kuroda said on Saturday steady interest rate hikes by the Federal Reserve were "basically good" for the world economy, as they reflect robust U.S. growth that helps fuel global demand......»»

Category: topSource: reutersOct 13th, 2018

German government cuts growth forecast amid trade tensions

The German government has cut its forecast for the country's economic growth this year to 1.8 percent from 2.3 percent, in part because of rising global trade tensions......»»

Category: topSource: foxnewsOct 11th, 2018

Trump ‘not happy’ with Fed’s interest-rate increase, but he likes its 3.1% growth forecast

The Fed said the U.S. economy is thriving and the central bank will continue to raise rates in the coming months despite President Trump's anger at the hikes......»»

Category: topSource: washpostSep 26th, 2018

Trump ‘not happy’ with Fed’s interest-rate hike, but he likes its 3.1% growth forecast

The Fed stressed U.S. economy is thriving and the central bank will continue to raise interest rates in the coming months despite President Trump's anger at the rate hikes......»»

Category: topSource: washpostSep 26th, 2018

Trump ‘not happy’ with Fed’s interest-rate hike, but he likes its 3.1% growth forecast

The Fed said the U.S. economy is thriving and the central bank will continue to raise rates in the coming months despite President Trump's anger at the hikes......»»

Category: topSource: washpostSep 26th, 2018

Trump ‘not happy’ as Federal Reserve hikes interest rates. But he likes Fed’s 3.1 percent growth forecast

The Fed said the U.S. economy is thriving and the central bank will continue to raise rates in the coming months despite President Trump's anger at the hikes......»»

Category: topSource: washpostSep 26th, 2018

Fed hikes rates, sees 3 more years of economic growth

The Federal Reserve raised interest rates Wednesday, as expected, and forecast three more years of economic growth as the U.S. central bank left its policy for steady rate rises in place......»»

Category: topSource: moneycentralSep 26th, 2018

Fed hikes rates, sees 3 more years of economic growth

The Federal Reserve raised interest rates Wednesday, as expected, and forecast three more years of economic growth as the U.S. central bank left its policy for steady rate rises in place......»»

Category: topSource: moneycentralSep 26th, 2018

Fed raises rates, sees at least three more years of economic growth

The Federal Reserve raised interest rates on Wednesday, as expected, and forecast three more years of economic growth as the U.S. central bank left its policy for steady rate rises in place......»»

Category: topSource: reutersSep 26th, 2018

ECB To Cut Euro Area Growth Outlook In Latest Global Slowdown Warning

One week ago, Bank of America's CIO Michael Hartnett predicted that Europe will be the "missing link" for the emerging market crisis to spread to the rest of the developed world and "morph into a global.....»»

Category: blogSource: zerohedgeSep 12th, 2018

Global Interest Rates are on the Rise

The Bank of England hiked interest rates Thursday by a quarter-point to 0.75 percent to help tame high inflation, and upgraded its 2019 economic growth forecast despite Brexit fears. The British central .....»»

Category: topSource: livetradingnewsAug 2nd, 2018