Economic Outlook Dims: Rising Trade Barriers Linked to Debt Burden and Stunted Growth
2 months ago
In a significant shift in the global economic landscape, recent analyses suggest that the increasing trend of protectionist trade policies is leading nations into a spiral of mounting debt and slower economic growth. A new report from Bloomberg Economics underscores the implications of heightened trade barriers on international monetary dynamics, particularly focusing on how they adversely affect both developed and emerging economies.
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Fed's Preferred Price Gauge Projected to Hit 2% Goal by Early 2025
3 months ago
The PCE price index-the Fed's preferred gauge of inflation-is seen hitting the central bank's 2% target in early 2025. Economists at Bloomberg Economics said that the long period of above-target inflation may finally be approaching its end.
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