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Today: March 23, 2025
Today: March 23, 2025

economic growth

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Britain pledges 600 million pounds to tackle construction skills shortages

Britain will invest 600 million pounds ($775 million) to train construction workers and help tackle severe skills shortages that could undermine its plan to build 1.5 million homes

Britain pledges 600 million pounds to tackle construction skills shortages
Business|Economy|Europe|Finance|Political

Russia holds key rate at 21% despite Putin request not to chill the economy

The Russian central bank kept its key interest rate on hold at 21%, its highest level in more than 20 years, despite President Vladimir Putin's

Russia holds key rate at 21% despite Putin request not to chill the economy
Asia|Business|Economy|Political

Role of Indonesia central bank must be strengthened to support growth ambitions, top lawmaker says

The role of the Indonesia's central bank must be strengthened to help support the government's economic growth target of 8% by 2029, a lawmaker heading a parliamentary committee

Role of Indonesia central bank must be strengthened to support growth ambitions, top lawmaker says
Business|Economy|Finance|Stock Markets|US

Major brokerages see slower pace of Fed rate cuts despite Trump tariff uncertainty

Major brokerages maintained their predictions for a slower pace of interest-rate cuts by the U.S.

Major brokerages see slower pace of Fed rate cuts despite Trump tariff uncertainty
Americas|Business|Economy|Finance|Political|Stock Markets

TSX ends marginally down ahead of expected snap election

Canada's main stock index ended marginally lower on Thursday, with losses for technology offsetting gains for energy shares as investors weighed economic uncertainty and

TSX ends marginally down ahead of expected snap election
Africa|Business|Economy|Finance

South African central bank governor's comments on rate decision

Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago at a news conference to announce the central bank's latest interest rate decision.

South African central bank governor's comments on rate decision
Business|Economy|Finance|Political|US

So, what is stagflation, anyway, and why is it so scary?

So, what is stagflation, anyway, and why is it so scary?

So, what is stagflation, anyway, and why is it so scary?
Asia|Business|Economy|Finance|Technology

Taiwan central bank holds rate as expected, sees little impact from US tariffs

Taiwan's central bank held its policy rate unchanged as expected on Thursday, prompted by lingering concerns over inflation and uncertainty about new

Taiwan central bank holds rate as expected, sees little impact from US tariffs
Asia|Business|Economy|World

China's youth jobless rate rises to 16.9% in February

Joblessness among youth in Chinese cities rose a second month in February, tracking the nation's jobless rate which reached a two-year high, official data showed on Thursday.

China's youth jobless rate rises to 16.9% in February
Asia|Business|Economy|Finance

Global banks raise China's growth forecast, ease bearish yuan views

Global investment banks have raised their projections for China's economic growth and turned less bearish on the Chinese currency after early signs of

Global banks raise China's growth forecast, ease bearish yuan views
Business|Economy|Europe|Finance|Political

Bank of England set to sit tight on rates as uncertainty mounts

The Bank of England looks set to keep interest rates on hold on Thursday as it awaits the impact on the economy of U.S.

Bank of England set to sit tight on rates as uncertainty mounts
Asia|Business|Economy

China urged to ramp up support for services consumption

China should step up support for its burgeoning services sector to boost consumption, which top leaders made a priority this year to spur growth amid U.S. tariff disputes,

China urged to ramp up support for services consumption
Business|Economy|Finance|Political|Stock Markets|US

Fed policymakers project two rate cuts this year, some see fewer

U.S. central bankers on Wednesday signaled they are likely to deliver two quarter-point interest-rate cuts later this year, the same median forecast as three months ago, even as

Fed policymakers project two rate cuts this year, some see fewer
Economy|Finance|Political|Stock Markets|US

Instant View: Fed doesn't change rates, will slow pace of balance sheet reduction

The Federal Reserve held interest rates steady on Wednesday, as expected, but U.S. central bank policymakers indicated they still anticipate reducing borrowing costs by half a percentage

Instant View: Fed doesn't change rates, will slow pace of balance sheet reduction
Africa|Business|Economy

Rwanda's economy grew 8.9% in 2024, stats office says

Rwanda's economy grew 8.9% in 2024 compared with 8.2% the previous year, the country's statistics office said on Wednesday, driven by good harvests, and a robust performance in the

Rwanda's economy grew 8.9% in 2024, stats office says
Americas|Business|Economy

Brazil's government maintains 2025 GDP forecast, sees higher inflation

Brazil's government on Wednesday kept its economic growth forecast for this year unchanged at 2.3%, while slightly increasing its inflation estimate due to "marginal changes" to

Brazil's government maintains 2025 GDP forecast, sees higher inflation
Asia|Business|Economy|Finance|Stock Markets

Indonesia central bank holds rates amid market uncertainties

Indonesia's central bank kept policy rates unchanged for a second straight review on Wednesday, as expected, against a backdrop of turmoil in

Indonesia central bank holds rates amid market uncertainties
Asia|Business|Economy

Thai economy to grow slightly above 2.5%, recovery more uneven, central bank minutes show

Thailand's economy was seen growing slightly more than 2.5% this year, less than earlier expected, minutes of the Bank of Thailand's February 26 monetary policy meeting showed on

Thai economy to grow slightly above 2.5%, recovery more uneven, central bank minutes show
Business|Economy|Finance|US

US manufacturing output accelerates in February

U.S. manufacturing production increased more than expected in February, boosted by a surge in motor vehicle output, but tariffs are casting a shadow on the nascent factory

US manufacturing output accelerates in February
Business|Economy|Europe|Finance|Political

Germany's AAA rating could face pressure in longer run without growth boost, Fitch says

Germany's top AAA credit rating could face pressure in the longer run if a vast spending effort is not offset by consolidation measures, or doesn't lead to a lasting improvement in

Germany's AAA rating could face pressure in longer run without growth boost, Fitch says
Business|Economy|Finance|Stock Markets|US

Tighter credit, slower spending by better-off households may further cloud Fed outlook

Tumbling stock markets and signs of tightening credit may make the Federal Reserve's job even more difficult this week as U.S. central bank policymakers try

Tighter credit, slower spending by better-off households may further cloud Fed outlook
Business|Economy|Europe|Finance|Political

German investor morale rises sharply in March as fiscal policy shift looms

German investor morale improved more than expected in March, the ZEW economic research institute said on Tuesday, reporting an increase in its economic sentiment

German investor morale rises sharply in March as fiscal policy shift looms
Asia|Business|Economy

Japan's land prices rise at strongest pace in 34 years

Japan's land prices rose at their fastest pace in 34 years in 2024 with recovery spreading to regional areas thanks to sustained economic growth, in the latest sign of a pickup in

Japan's land prices rise at strongest pace in 34 years
Business|Economy|Finance|US

US retail sales rise slightly as economic uncertainty mounts

U.S. retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy

US retail sales rise slightly as economic uncertainty mounts

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