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German Economic Advisers Cut 2024 Growth Forecast to 0.2%
US News & World Report· 1 day agoChancellor Olaf Scholz lamented the lower GDP forecast for the year during a speech to the German Chambers of Industry and Commerce. "The German economy has faced unprecedented ...
Fears of German ‘de-industrialisation’ may be overblown – for now
KFGO· 14 hours agoBy Maria Martinez BERLIN (Reuters) - High energy costs, weak global demand, a disruptive shift towards net-zero economies, and growing competition from China are raising existential ...
Exclusive-German economic advisers to cut 2024 growth forecast, sources say
StreetInsider· 2 days agoFor 2025, the economic experts forecast 0.9% growth, sources said on Tuesday. In its autumn forecast published in November 2023, the panel of experts forecast growth of 0.7% for 2024. The German ...
German economic advisers cut 2024 growth forecast to 0.2%
Reuters via Yahoo Finance· 1 day agoThe panel expects 0.2% gross domestic product growth this year, cutting its autumn forecast of 0.7% growth, their forecast showed on Wednesday, as reported by Reuters on Tuesday. The German ...
Euro zone bond yields rise after US producer price data
Reuters via Yahoo Finance· 2 days agoThe PPI figures "raise the risks that inflation, at least in the U.S., could remain sticky and delay any rate cuts from the Fed," said Jefferies chief economist Europe Mohit Kumar. Germany's ...
German economic advisers cut 2024 growth forecast to 0.2%
StreetInsider· 1 day agoChancellor Olaf Scholz lamented the lower GDP forecast for the year during a speech to the German Chambers of Industry and Commerce. "The German economy has faced unprecedented ...
Euro zone bond yields rise after US producer price data
Reuters via Yahoo Finance· 2 days agoGermany's 10-year bond yield touched a near two-week high on Tuesday after data showed U.S. factory prices rose by more than forecast last month, denting hopes of a summer rate cut from the ...
Analysts dismiss fears of German 'de-industrialization' for now
FOX Business· 6 hours agoHigh energy costs, weak global demand, a disruptive shift towards net-zero economies, and growing...
GLOBAL MARKETS-Record high stocks bask in rate cut hopes
Reuters via Yahoo Finance· 12 hours agoWorld stocks scored a third straight record high and bond markets were rallying on Thursday as galvanized hopes of interest rates cuts in the United States and other major economies extended ...
Global stocks rally, Europe at record highs, dollar gains
Reuters via Yahoo Finance· 7 days agoU.S. equity markets took comfort from earning season as corporate results in aggregate beat...