Goldman Sachs cuts GDP forecast because of stress on small banks
Photo illustration, the Silicon Valley Bank logo is visible on a smartphone, with the stock market index in the background on the personal computer on March 14, 2023, in Rome, Italy. Andrea Ronchini | Nurphoto | Getty Images Goldman Sachs on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- […]
IMF hikes global growth forecast as inflation cools
The IMF has revised its global economic outlook upwards. Norberto Duarte | Afp | Getty Images The International Monetary Fund on Monday revised upward its global growth projections for the year, but warned that higher interest rates and Russia’s invasion of Ukraine would likely still weigh on activity. In its latest economic update, the IMF […]