Latest in Forecast Economists Warn
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Brussels downgrades Eurozone growth forecast to 1.3%
Germany’s economic struggles weigh down on region as US continues to outpace EuropeBusiness - Financial Times - Yesterday -
Economists see UK cutting interest rates more substantially as inflation pressures ease
Economists at Goldman Sachs forecast the Bank of England's key rate falling to 2.75% by November, well below market pricing.Business - CNBC - October 22 -
'Higher prices, larger deficits': 23 Nobel Prize-winning economists slam Trump agenda, endorse Harris
Experts estimate that Donald Trump's budget plan would expand federal deficits by five times more than Vice President Kamala Harris' proposals.Business - CNBC - October 23 -
If voters think like economists, Harris has the edge, but if they focus on sticker shock, Trump will win, this expert says
With just 12 days left in a tight presidential race, all sorts of prediction models are getting attention. Oxford Economics offered two financially-focused models on Thursday,Business - MarketWatch - October 25 -
Meet OpenAI’s first chief economist—3 things you may not know about him
Dr. Aaron "Ronnie" Chatterji has been named OpenAI's first chief economist. He will lead the company's research on AI's potential economic impact.Business - CNBC - October 28 -
'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year
If the thought of holiday spending makes you wince, you're not alone. Only one group can easily afford this year's costs, a survey found.Business - CNBC - October 30 -
Trump or Harris: Who would bring mortgage rates down? Three economists weigh in.
What will happen to mortgage rates and home prices in a prospective Trump or Harris administration? MarketWatch spoke to three economists to find out.Business - MarketWatch - November 5 -
Reeves hints UK will urge Trump not to raise tariffs as economists fear his policies will cut growth – UK politics live
Chancellor says UK’s trading relationship with US is ‘absolutely crucial’ and promises not to be a ‘passive actor’. Another Labour politician who has criticised Donald Trump strongly in the past ...World - The Guardian - November 6 -
Capital gains tax hikes 'entirely off the table' under President-elect Trump, Republican Congress, economist says
Higher capital gains taxes are unlikely under President-elect Donald Trump and a Republican-controlled Congress, experts say.Business - CNBC - November 7 -
UK can strike Trump trade deal and rebuild EU relations, says top economist
Keir Starmer can show UK is ‘open for business’, says former Bank of England chief economist Andy Haldane. Business live – latest updates The UK can strike a US trade deal with Donald Trump ...World - The Guardian - 4 days ago -
Why one economist says Elon Musk could hold the key to lower mortgage rates
One way the government can address high mortgage rates is to rein in the federal deficit, says the chief economist for the National Association of Realtors.Business - MarketWatch - 2 days ago -
Poorer nations need $1tn a year by 2030 in climate finance, top economists find
Study says funding to cope with climate breakdown needed five years earlier than expected. Poor countries need $1tn a year in climate finance by 2030, five years earlier than rich countries are ...World - The Guardian - 2 days ago -
Victoria at risk of tornadoes as thunderstorms and giant hail lash Australia’s south-east
Bureau of Meteorology warns parts of Victoria to brace for ‘dangerous’ storm and intense rainfall that could lead to ‘life-threatening flash flooding’. Follow our Australia news live blog for ...World - The Guardian - October 18 -
British retail sales beat forecasts to rise for third straight month
Tech purchases fuel unexpected growth of 0.3%Business - Financial Times - October 18 -
Trump has gained in 538's forecast, but the election is still a toss-up
538's 2024 presidential election forecast shows a very close, toss-up race, with Trump taking a small lead.Top stories - ABC News - October 18 -
Tariff surge would damage global growth, IMF warns
In a forecast two weeks before US election the fund says greater protectionism would drag down world economyBusiness - Financial Times - October 22 -
Heineken Sales Miss Forecasts as Consumers Shy Away From Beer
The Dutch brewer posted sales below analysts’ expectations in the third quarter as the group grappled with challenging consumer and industry trends in some markets, particularly the Americas and ...Business - The Wall Street Journal - October 23 -
Thales Orders Beat Forecasts Amid Defense-Spending Surge
Thales posted orders above analysts’ expectations for the first nine months of the year as its defense and security business continued to benefit from robust military spending amid high ...Business - The Wall Street Journal - October 23 -
U.S. Remains Engine of Global Growth in New IMF Forecasts
The International Monetary Fund issued its latest World Economic Outlook report, saying American economic resilience should buoy worldwide growth.Business - Inc. - October 23 -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - October 24 -
Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes
The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.Business - The Wall Street Journal - October 24 -
UPS beat on revenue for the first time in 2 years, even as online sales slowed
UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.Business - MarketWatch - October 24 -
Germany’s five-year tax haul to fall nearly €60bn short of forecast
Gloomier economic predictions will increase budgetary strains and government coalition tensionsBusiness - Financial Times - October 24 -
Election forecaster moves Nebraska Senate race slightly toward independent challenger
An election forecaster moved Nebraska’s contentious Senate race slightly toward Sen. Deb Fischer’s (R) challenger, Independent candidate Dan Osborn. Sabato's Crystal Ball shifted the Senate contest ...Politics - The Hill - October 24 -
Hurricane Kristy strengthens into a Category 5 storm in the Pacific Ocean, forecasters say
Hurricane Kristy strengthens into a Category 5 storm in the Pacific Ocean, forecasters sayWorld - ABC News - October 24 -
English councils forecast £9.3bn deficit in three years, analysis shows
Bennett Institute research underlines scale of strains social care placing on local government financingBusiness - Financial Times - October 25 -
How are investors preparing for the Budget?
Executives are seeking to minimise their exposure ahead of what could be the biggest tax-raising statement for a generationBusiness - Financial Times - October 29 -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - October 30 -
Reddit shares soar 22% on earnings beat and better-than-expected forecast
Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.Business - CNBC - October 29 -
What's the home equity loan interest rate forecast for November 2024?
Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.Top stories - CBS News - October 30 -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - October 30