No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
The kingdom’s $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% in 2023 — and domestic investment was a major driver.
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs,"...
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2...
The IMF projects global headline inflation to fall to 3.5% by the end of 2025.
The IMF now sees 1.1% growth for the U.K. economy this year, up from its July forecast of 0.7%, and...
By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said...