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The US Fed cut interest rates by more than expected. So what?
Many households will have to wait for some time to feel the benefit of lower interest rates. The bigger-than-expected cut in interest rates by the United States Federal Reserve may have sent the stock market cheering,…
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What is the 2025 outlook for the global economy?
As 2025 approaches, Capital Economics analysts said in a note this week that they expect a modest recovery for most major global economies following a challenging second half of 2024. According to the firm’s analysis, two…
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Higher GDP forecasts on robust economic recovery and new growth drivers
Recent forecasts are optimistic about the Vietnamese economy in 2024 with the gross domestic product (GDP) growth rate poised to reach around 7 per cent for the full year, higher than the National Assembly’s target set…