The International Monetary Fund cuts its global GDP forecast as bleak economic prospects grow

The International Monetary Fund on Tuesday lowered its global growth forecasts for 2022 and 2023, calling the global economic outlook “bleak and uncertain”. The International Monetary Fund now expects the global economy to grow 3.2% this year, before slowing further to 2.9% in the rate of GDP in 2023. The revisions point to rating downgrades … Read more

Mortgage and Refinancing Rates Today: July 26, 2022

Mortgage rates have fluctuated quite a bit over the past week, but have generally avoided any major hikes. The Federal Reserve’s Federal Open Market Committee meets today to discuss raising the federal funds rate. The committee will announce its decision on Wednesday. Most forecasters expect the Fed to raise interest rates by 75 basis points, … Read more

The Fashion Kingdom, an Egyptian Fashion E-Commerce Startup, Raised $2.6 Million in Seed Funding – TechCrunch

fashion kingdom Today (TFK), an Egyptian e-commerce marketplace for fashion, beauty and home accessories, announced today that it has raised $2.6 million in seed funding led by CVentures, an Egypt-based venture capital firm. A 15an early stage venture capital firm in the Middle East and North Africa region that has supported the likes of askAnd … Read more

Group warns of recession here, energy prices, two-day Fed meeting and more: Tuesday 5 things to know

Check out what’s clicked on FoxBusiness.com. Here are five main things It could affect trading on Thursday. Nice slack here: Schork Group Director Stephen Schork on Monday warned the United States suffers from ‘moderate stagnation’ The “pull force” in energy prices will be greater as deflation intensifies. On Monday, Schork noted that “we know we … Read more

Uncertainty about the Fed rate path, the European gas crisis dominates the currency markets

U.S. dollar, euro and Ukrainian hryvnia banknotes are shown in this illustrative photo taken in Kyiv, Ukraine, October 31, 2016. REUTERS/Valentin Ogirenko/Illustration Register now to get free unlimited access to Reuters.com Register LONDON (Reuters) – With U.S. interest rates rising this week and increasing uncertainty over the Federal Reserve’s tightening path, the dollar kept the … Read more

Jerome Powell and the Federal Reserve are still struggling to understand the crazy economy that has been hit by the pandemic and war

In terms of news related to the economy and inflation, this is an important week. On Tuesday and Wednesday, Jerome Powell and his Fed colleagues will hold a two-day meeting, in which they are expected to raise the federal funds rate by another three-quarters of a percentage point. On Thursday, the Commerce Department will release … Read more

Business News LIVE Today: Latest business news, market news, economy and finance news

Search quotations, news, net asset value of the cooperative fund yes bank INE528G01035, Isbank, 532648 Zomato INE758T01015, Zomato, 543320 TATA Steel INE081A01012, TATASTEEL, 500470 Accreditation INE002A01018, accreditation, 500325 ICC Bank INE090A01021, ICICIBANK, 532174 Search quotations, news, net asset value of the cooperative fund yes bank INE528G01035, Isbank, 532648 Zomato INE758T01015, Zomato, 543320 TATA Steel INE081A01012, … Read more

$1.58 billion globally for the personal finance software industry by 2027

DublinAnd the 25 July 2022 /PRNewswire/ – file “Personal Finance Software Market: Global Industry Trends, Participation, Size, Growth, Opportunities and Forecast 2022-2027” Report added to ResearchAndMarkets.com Show. Research_and_Markets_Logo The global personal finance software market has reached a value 1.14 billion US dollars In 2021. Looking into the future, the publisher expects the market to reach … Read more