Economic outlook

International Monetary Fund Managing Director Christine Lagarde briefs the media during a news conference at the annual meeting of the World Economic Forum, WEF, in Davos, Monday, Jan. 21, 2019. (AP Photo/Markus Schreiber)
January 21, 2019 - 9:32 am
DAVOS, Switzerland (AP) — The world economy will be more sluggish this year, the International Monetary Fund warned Monday, citing trade disputes that have seen China slow to its weakest pace in 30 years as well as the impact of rising U.S. interest rates. The IMF cut its forecast for global growth...
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In this picture taken Aug.7, 2018 containers are located at the container terminal Tollerort in the port of Hamburg, Germany. (Axel Heimken/dpa via AP)
January 09, 2019 - 6:55 am
LONDON (AP) — Unemployment across the 19-country eurozone fell in November to a decade-low rate, official figures showed Wednesday, but worries over the economic outlook have stoked concerns it may not fall much lower, if at all. Eurostat, the European Union's statistics agency, said a 90,000...
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The buildings of the banking district are reflected on the plain surface of the river Main in Frankfurt, Germany, Thursday, Jan. 3, 2019. (AP Photo/Michael Probst)
January 04, 2019 - 5:59 am
LONDON (AP) — Further signs of a cooldown in the eurozone economy emerged Friday, weighing on expectations that the European Central Bank will start raising interest rates this year. Inflation across the 19-country currency union fell in December to an eight-month low in the wake of the recent...
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January 04, 2019 - 3:22 am
WASHINGTON (AP) — Even with fear of a global economic slump depressing stock markets, Friday's jobs report for December is expected to offer reassurance that the U.S. economy remains sturdy and on track to expand for a 10th straight year. Economists have forecast that the Labor Department will...
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January 03, 2019 - 6:34 pm
DETROIT (AP) — Sales of new vehicles in the U.S. rose slightly in 2018, defying predictions and highlighting a strong economy. Automakers reported an increase of 0.3 percent over a year ago to 17.27 million vehicles. The increase came despite rising interest rates, a volatile stock market, and...
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December 21, 2018 - 8:58 am
WASHINGTON (AP) — The U.S. economy expanded at a solid 3.4 percent annual rate in the third quarter, slightly slower than the previous estimate as consumer spending and exports were revised lower. The economy is expected to slow further in the current quarter. The Commerce Department said Friday...
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This photo shows the exterior of the New York Stock Exchange on Thursday evening, Dec. 20, 2018. Stocks went into another slide Thursday in what is shaping up as the worst December on Wall Street since the depths of the Great Depression, with prices dragged down by rising fears of a recession somewhere on the horizon. The Dow Jones Industrial Average dropped 464 points, bringing its losses to more than 1,700 since last Friday. (AP Photo/Patrick Sison)
December 21, 2018 - 8:28 am
LONDON (AP) — Stock markets all around the world fell further Friday amid growing fears about the outlook for the global economy and ongoing concerns about the pace of interest rate increases in the U.S. Many stock markets are on track to end 2018 more than 10 percent lower than where they started...
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Anti-Brexit demonstrators wave flags outside the houses of Parliament in London, Wednesday Dec. 19, 2018. (AP Photo/Tim Ireland)
December 20, 2018 - 10:15 am
LONDON (AP) — The Bank of England warned Thursday that uncertainties related to Brexit have "intensified considerably" since early November and weighing on the U.K. economy. While unanimously deciding to keep the bank's main interest rate unchanged at 0.75 percent, as expected, the nine-member rate...
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Federal Reserve Chairman Jerome Powell speak at a news conference in Washington, Wednesday, Dec. 19, 2018. The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy's continued strength but signaling that it expects to slow hikes next year. (AP Photo/Susan Walsh)
December 19, 2018 - 9:34 pm
WASHINGTON (AP) — The Federal Reserve raised its key interest rate Wednesday for the fourth time this year to reflect the U.S. economy's continued strength but signaled that it expects to slow its rate hikes next year. Despite the forecast for fewer hikes, investors sent stocks plunging once...
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Federal Reserve Chairman Jerome Powell speak at a news conference in Washington, Wednesday, Dec. 19, 2018. The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy's continued strength but signaling that it expects to slow hikes next year. (AP Photo/Susan Walsh)
December 19, 2018 - 3:42 pm
NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:35 p.m. Federal Reserve Chairman Jerome Powell says that future interest rate decisions will likely depend more on newly released economic data than in the recent past. This would allow the Fed greater...
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