You Searched For "World Bank Chief Economist" and got 20 results
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2 mins read
Why the Fed will cut rates in September and then stop for the year, chief economist says
After an initial rate cut next month, the Fed will adopt a wait-and-see approach going forward, Tor…
Filip De Mott
2 mins read
India may take 75 years to reach one-quarter of US income per capita, says World Bank report
Drawing on lessons of the past 50 years, the report finds that as countries grow wealthier, they us…
PTI
2 mins read
A big rate cut this month would create a 'self-fulfilling prophecy' of recession fears, economist says
If the Federal Reserve cuts interest rates by 50 basis points, it could spark unwarranted recession…
Kelly Cloonan
2 mins read
2 economists explain why the Fed should cut rates more than expected next month
Claudia Sahm thinks there's a strong case for a 50-basis point cut in September, given labor market…
Filip De Mott
2 mins read
Investors and economists are getting worried about more bank failures as interest rates stay high
High interest rates are "corrosive" to the economy, Mark Zandi said, while others fear the impact o…
Jennifer Sor
3 mins read
78 pc of consumers choose digital banking over cash transactions
Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…
ANI
2 mins read
Why a debt-fueled US economy is facing a hard landing in 2025, chief economist says
"Once people do begin to lose their jobs, once the economy does begin to slow down, you already hav…
Filip De Mott
3 mins read
Indian economy relatively slowed in Q1-FY25, here's what experts have to say
The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…
ANI
2 mins read
Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'
Russia's trade rebounded by nearly 7% last year, while activities in the financial sector and const…
Huileng Tan
6 mins read
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
2 mins read
'Something could break': The Fed risks recession, bank failures if it doesn't cut rates soon, economist Mark Zandi says
High interest rates are "corrosive" to the economy, and the Fed risks breaking something in the fin…
Jennifer Sor
3 mins read
Experts welcome moderation of inflation in July, by warns of continued inflationary pressure ahead
In July 2024, India saw its CPI inflation drop to 3.54%, the lowest in almost five years, mainly du…
ANI
2 mins read
Stock market today: Nifty, Sensex see muted starts, ICICI, Kotak, Axis bank gain lead
Apollo Hospitals, ICICI Bank, Bharti Airtel, Kotak Bank and Axis Bank gaines early advantage during…
3 mins read
RBI may not cut repo rate any soon or for six months: Economists
With the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) deciding to retain the repo …
2 mins read
GDP growth will moderate to 6.5% in FY25 on global headwinds: Axis Bank
India's real GDP growth will moderate to 6.5 per cent in FY25, mainly due to global headwinds, Axis…
PTI
2 mins read
Giving Russian reserves to Ukraine would be 'elegant justice,' former World Bank chief says
"If countries believe that they cannot conquer and annex their neighbors without losing access to t…
Filip De Mott
1 min read
Global cyber outage: Banks, payments systems unaffected by Microsoft outage
HDFC Bank, the biggest among the private sector lenders, also said that it has not faced any impact…
PTI
2 mins read
The US has an 85% chance of avoiding a recession in the next year, Goldman Sachs' chief economist says
The odds of a recession have fallen to what they are any given year, according to Goldman Sach's ch…
Jennifer Sor
2 mins read
Economists expect big bang reforms to continue under Modi 3.0
Narendra Modi, elected leader of the National Democratic Alliance, will take oath as India's Prime …
ANI
4 mins read
RBI likely to keep interest rate unchanged at 6.5%, say experts
Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…