Economic Outlook

Visitors stand in front of stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Wednesday, May 8, 2019. The Dow Jones Industrial Average tumbled more than 470 points Tuesday amid a broad sell-off on Wall Street. (AP Photo/Annice Lyn)
May 08, 2019 - 3:25 am
BANGKOK (AP) — Shares were marginally higher in Europe on Wednesday, despite broad losses in Asia and New York, after Germany reported stronger-than-expected industrial output data. Germany's DAX gained 0.3% to 12,125.80 following the report that industrial production rose 0.5 percent in March from...
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FILE - In this March 20, 2019, file photo federal Reserve Chair Jerome Powell speaks during a news conference in Washington. On Wednesday, May 1, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Susan Walsh, File)
May 01, 2019 - 2:10 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:05 p.m. Federal Reserve Chairman Jerome Powell avoided commenting on some controversial views voiced by President Trump's pick for the Fed's Board of Governors, Stephen Moore. Powell was asked if...
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FILE- In this Feb. 27, 2019, file photo Federal Reserve Board Chair Jerome Powell gestures while speaking before the House Committee on Financial Services hearing on Capitol Hill in Washington. On Wednesday, May 1, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Pablo Martinez Monsivais, File)
May 01, 2019 - 1:26 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and signaled that no rate hikes are likely in coming months amid signs of renewed economic health but unusually low inflation. The Fed left its benchmark rate — which influences many consumer and business loans —...
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FILE - In this Nov. 13, 2018 file photo, Jihad Azour, the International Monetary Fund's Mideast and Central Asia department director, gives a press conference in Dubai, United Arab Emirates. In a new outlook report issued Monday, April 29, 2019, the IMF said that political uncertainty and volatile oil prices are weighing heavily on economic growth in the Middle East this year. A closer look, however, shows sharp variations from country to country. (AP Photo/Kamran Jebreili, File)
April 29, 2019 - 1:02 am
DUBAI, United Arab Emirates (AP) — Political uncertainty and volatile oil prices are weighing heavily on economic growth in the Middle East this year, according to a new report released Monday by the International Monetary Fund. The report, which looks at the economies of 23 countries spanning...
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April 29, 2019 - 12:40 am
A survey of corporate economists predicts the economy will expand over the next year, although the pace of growth will decline and employers are facing pressure to raise wages, spend more on worker training and automate tasks because of the low unemployment rate. Just 53% of the economists polled...
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FILE - In this Dec. 31, 2018, photo a Washington state ferry sails on a foggy day near cranes at the Port of Seattle. On Friday, April 26, 2019, the Commerce Department issues the first estimate of how the U.S. economy performed in the January-March quarter. (AP Photo/Ted S. Warren, File)
April 26, 2019 - 10:56 am
WASHINGTON (AP) — The U.S. economy grew at a solid 3.2% annual rate in the first three months of the year, a far better outcome than expected, overcoming a host of headwinds including global weakness, rising trade tensions and a partial government shutdown. The advance in the gross domestic product...
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A woman walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Friday, April 26, 2019. Shares were mostly lower in Asia on Friday after an overnight decline on Wall Street spurred by disappointingly weak earnings reports from 3M and other industrial companies. (AP Photo/Vincent Yu)
April 26, 2019 - 5:17 am
BANGKOK (AP) — Shares edged lower in Europe on Friday following a lackluster day in Asia ahead of the release of U.S. economic growth data later in the day. Benchmarks fell Friday in Paris, London, Tokyo and Shanghai but rose in Hong Kong and Sydney. Economists have been upgrading their estimates,...
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A cargo ship is seen on the river Main with the bank buildings in background in Frankfurt, Germany, late Wednesday, April 17, 2019. (AP Photo/Michael Probst)
April 24, 2019 - 5:01 am
FRANKFURT, Germany (AP) — An index of German business optimism fell in April as Europe's largest economy struggles with a slowdown in trade and manufacturing even as it finds support from a strong labor market. The Ifo institute said Wednesday its business climate index slipped to 99.2 points from...
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April 24, 2019 - 1:46 am
BANGKOK (AP) — Major share benchmarks were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an all-time record high close, ran out of steam. Japan's Nikkei 225 index lost 0.3% to 22,000.00 and the Hang Seng in Hong Kong fell 0.5% to 29,825.03. The Shanghai...
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German Economy Minister Peter Altmaier briefs the media about German government's economic growth forecast for 2019, during a news conference in Berlin, Wednesday, April 17, 2019. The German government has slashed its 2019 economic growth forecast for the country for the second time this year. (Foto: Joerg Carstensen/dpa via AP)
April 17, 2019 - 5:39 am
BERLIN (AP) — The German government on Wednesday slashed its 2019 economic growth forecast for the country for the second time this year, halving its outlook to a meager 0.5%. The update came less than three months after the government cut its forecast to 1% from 1.8% in late January. Weaker growth...
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