In a surprising move, Australia's central bank has cut its benchmark lending rates by 25 basis points, downgrading the economic growth forecast amidst weak public demand. With inflation dropping significantly, experts predict further rate cuts could follow.
A surprising trade truce between the U.S. and China has led financial institutions to revise their growth forecasts for China, boosting optimism in the stock market. Discover how this agreement impacts GDP predictions and equity strategies.
The OECD has downgraded its global economic growth forecasts due to President Trump's proposed tariffs, predicting slower growth in the U.S., Canada, and Mexico. How will these changes impact the economy?