• BoC Governor Positive About Economy

    Bank of Canada Governor Tiff Macklem conveyed on Tuesday that the inflation figures for March indicated ongoing alleviation of underlying inflationary forces and affirmed positive momentum in the Canadian economy. Speaking at an event in Washington…
  • China’s economic growth beats projections

    China's economy surpassed expectations with faster-than-anticipated growth in the first quarter of the year, providing a much-needed lift for policymakers contending with challenges such as a property-sector crisis, subdued consumer demand, and escalating government debt. According…
  • German Gov’t Sources Cautious About Global Growth Outlook

    German government sources have expressed cautious optimism about averting a global recession but anticipate meagre growth, citing forthcoming International Monetary Fund (IMF) forecasts. According to the sources, while the global economy shows signs of growth, it…
  • Global Bond Market Faces Pressure Amid Fed’s Speculation

    The world's largest bond market continues to experience pressure as traders analyse a flurry of remarks from Federal Reserve speakers, speculating that policymakers will refrain from hastily cutting rates. In anticipation of Jerome Powell's speech, US…
  • CEO of JP Morgan Raises Concerns Over Inflation and Rate Hikes

    Jamie Dimon, CEO of JPMorgan Chase, has voiced apprehensions regarding the US economy's resilience, citing concerns over prolonged inflation and the likelihood of increased interest rates, diverging from market expectations. In his recent shareholder letter, Dimon…