AI generated representative image S&P Global Ratings has lowered the US GDP forecast for 2025, sharply by 50 basis points to 1.5 per cent, while raising its inflation forecast. For 2026, the US growth projection has been lowered by 20 basis points to 1.7 per cent.While there is an increased risk to the downside across all regions but S&P does …
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The head of the International Monetary Fund (IMF) said Thursday that the world economy is likely to avoid a recession despite mounting global trade tensions sparked by US President Donald Trump’s sweeping tariffs. However, the cost of these trade disruptions will be significant, IMF Managing Director Kristalina Georgieva warned.Speaking to reporters in Washington ahead of next week’s Spring Meetings of …
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As US President Donald Trump’s trade war rolls on, the financial world is buzzing with complex-sounding terms that may confuse everyday readers. From bears and bulls to dead cats and dips, here’s a simple guide to what they mean—and why they matter right now.Bear and bull marketWhen share indexes like the S&P 500 or Dow Jones drop by 20% or …
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AI generated image means for representation purpose only Goldman Sachs has raised its forecast for the likelihood of a US recession to 45%, up from 35%, marking the second time in a week the investment bank has increased its odds amid growing concerns over the trade war. This adjustment follows heightened fears that tariffs proposed by US President Donald Trump …
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Stock markets worldwide continued their decline on Friday after China retaliated against President Donald Trump’s latest round of tariffs, increasing concerns that the escalating trade war could push both the US and global economies into a recession.The Dow Jones Industrial Average plummeted more than 1,600 points, or 4%, following a steep 1,679-point drop the previous day. The S&P 500 also …
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The US stock market plunged sharply on Thursday, with the Dow Jones Industrial Average dropping 1,400 points, or 3.3%, amid widespread concerns triggered by President Donald Trump’s latest set of severe tariffs. According to news agency AP, the S&P 500 fell 4%, while the Nasdaq Composite dropped 5.1%, reflecting a broader global market sell-off. At one point in the morning, …
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Global brokerage firm Goldman Sachs has reduced its price targets on Indian IT stocks by 3% to 32%, citing lower revenue growth forecasts driven by macroeconomic uncertainty in the US. According to an ET report, the brokerage noted that the US accounts for around 60% of India’s IT revenues, and the downgrade in GDP forecasts for the world’s largest economy, …
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