[ad_1] Their projection was for “a mild recession starting later this year, with a recovery over the subsequent two years,” according to the minutes, released Wednesday. That would spark a jump in unemployment. They estimated the economy would fully recover by 2025. The economic outlook is always difficult to foretell with any confidence, and staff … Read more
[ad_1] Chennai: In a shocker, consumer price index (CPI) inflation touched 6.5 per cent in January, the Ministry of Statistics & Programme Implementation said on Monday, after being 5.72 per cent in December and 5.88 per cent in November last year, and economists termed it “worrisome”. “CPI inflation moved to 6.5 per cent in January … Read more
[ad_1] San Francisco: Deeper layoffs are coming in 2023 as most business economists have predicted that their companies will cut payrolls in the coming months, media reports said. According to a report in CNN citing a new survey, only 12 per cent of economists — surveyed by the National Association for Business Economics (NABE) — … Read more