Tagged: economic outlook

March 9, 2025 @ 10:34 pm By Omar Faridi  |  

On March 6, 2025, Brazil’s Central Bank, the Banco Central do Brasil, released a statement following the 259th meeting of its Monetary Policy Committee (Copom), announcing that the Selic rate—the country’s benchmark interest rate—would remain unchanged at 10.50% per year. This decision reflects a unanimous… Read More

March 7, 2025 @ 9:15 am By Omar Faridi  |  

Karim Haji, Global and UK Head of Financial Services at KPMG, comments on the Money and Credit statistical release from the Bank of England. Karim Haji from KPMG noted that the sharp rise in borrowing suggests that many households “struggled to stretch disposable incomes between Christmas… Read More

March 3, 2025 @ 1:34 pm By Omar Faridi  |  

BaFin has shared an update titled “Risks in Focus 2025” and it notes that climate change, geopolitics and a weak economy could “put pressure on Germany’s financial system.” BaFin noted on its official website that natural disasters made more likely by climate change, international tensions… Read More

February 24, 2025 @ 7:28 am By Omar Faridi  |  

In a speech delivered on February 21, 2025, at the European Parliament plenary debate on the ECB Annual Report, ECB President Christine Lagarde provided an update on the euro area’s economic situation and the European Central Bank’s monetary policy direction. The address from Christine Lagarde… Read More

July 5, 2024 @ 8:23 am By Omar Faridi  |  

Following a technical recession in the second half of 2023, the UK economy has shown tentative signs of renewed momentum, “with growth of 0.5% expected this year, and 0.9% in 2025,” according to the latest KPMG Global Economic Outlook. The report finds a number of… Read More

January 16, 2024 @ 3:21 pm By Omar Faridi  |  

The proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled year-on-year, according to an update shared by PwC. At the same time, the proportion of CEOs concerned “about their long-term business viability has risen to 45%… Read More

December 12, 2023 @ 8:07 am By Omar Faridi  |  

The European Central Bank (ECB) has shared its latest Consumer Expectations Survey results. As noted in an update posted by the ECB, when compared with September 2023: median consumer inflation expectations for the next 12 months and for three years ahead remained unchanged; expectations for… Read More

October 16, 2023 @ 9:28 am By Omar Faridi  |  

Uncertainty over the economic outlook and rising costs continued to weigh on hiring decisions in September, according to the KPMG and REC, UK Report on Jobs survey, compiled by S&P Global. Permanent placements fell again as companies “were often reluctant to commit to permanent hires,… Read More

September 11, 2023 @ 7:56 am By Omar Faridi  |  

UK recruitment activity weakens in August “amid caution over economic outlook,” according to an update shared by KPMG. KPMG has shared some key findings: The steepest drop in permanent placements for over three years Temp billings declined for the first time since July 2020 Pay… Read More

August 5, 2023 @ 1:52 pm By Omar Faridi  |  

Fundrise notes that the belief that a very real and potentially significant downturn still lies ahead has necessarily “been the foundation for all their decisions across the portfolio over the past six months.” As Fundrise noted at the beginning of the year and again in… Read More

December 31, 2021 @ 3:15 pm By Omar Faridi  |  

Housing markets in Australia began to cool off towards the end of 2021. Updated regulations for banking institutions in the country should “increase the cost of, and reduce the access to financing,” according to an update from Judo Bank. This should see house prices in… Read More

October 2, 2021 @ 8:43 am By Omar Faridi  |  

The team at UK-based Blend Network, a peer-to-peer lending platform, notes that the prospects of the United Kingdom’s macroeconomic environment are “becoming gradually more positive.” Blend Network writes in a blog post that the improvement is “reflected, among other factors, in job openings at a… Read More

October 8, 2020 @ 11:08 pm By Omar Faridi  |  

Qatar’s economy appears to be performing a lot better than other MENA region countries because it has launched many projects that have helped establish different types of businesses that generate significant revenue. Qatar has also managed to overcome the political tensions and has found new… Read More