The U.S. economy appears to be experiencing a much-anticipated soft landing, thanks to careful interventions by the Federal Reserve. The central bank's measured increase in interest rates has resulted in a well-balanced economy with reduced inflation. This positive outcome bodes well for Americans. However, the situation is quite different in other parts of the world. Europe, … [Read more...] about A Soft Landing in the U.S., but Challenges Abroad
World Bank
World Bank Expects Ukraine War to Pull Down Global Growth to 3.2% In 2022
Source: Bloomberg The World Bank now sees global growth at 3.2%, compared to its January projection of 4.1% due to the impacts of the Ukrainian war. DJI is up +0.14%, DAX is up +0.62%. The downgraded growth forecast comes even as the World Bank warned that its funding from the resulting impacts of the war will be $170 billion, higher than a package of $157 billion … [Read more...] about World Bank Expects Ukraine War to Pull Down Global Growth to 3.2% In 2022