The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...
'Consumption will rise by over 10%, GDP by 8%': Ex-CEA KV Subramanian after massive tax cuts in Budget 2025
Reacting to the Finance Minister’s move to exempt annual incomes up to Rs 12 lakh from income tax under the new regime, ...
Will the Chinese Consumer Finally Start Spending?
In the four decades leading up to the pandemic, 800 million Chinese exited poverty and began to buy things beyond their ...
U.S. GDP Growth Slowed In Q4 2024 To 2.3% Due To Falling Inventories
U.S. gross domestic product grew by 2,3% in Q4 2024 after expanding by 3.1% in Q3. Consumption was the lion's share of growth ...
US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
RBI rate cut, coupled with income tax relief to boost consumption and investment, say economists
Reserve Bank of India’s decision to cut policy rate by 25 bps, coupled with income tax relief delivered in the Union Budget ...
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Cracks in India’s consumption story run deep
MUMBAI, Jan 16 (Reuters Breakingviews) - If India wants to prop up its stalling economic growth ... year changes in India's real GDP and private consumption spending between 2013-14 and 2023-24.