Noticias de dinero

ANZ Research raises 2024 PH inflation forecast to 3.8%

THE research unit of Australia and New Zealand Banking Group Ltd. (ANZ) has raised its inflation forecast for the Philippines, saying the rate could again top 4.0 percent in the second quarter but still average within target for 2024. “The Philippines is the only economy where inflation risks overshooting the upper end of the official

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Noticias de dinero

February 2024 Wisconsin Economic Outlook Forecast

Continued growth in employment, GDP, based on national trends and outlook from SPGMI (report here). Here’s the employment outlook, now compared to November. Figure 1: Wisconsin nonfarm payroll employment (bold black), Economic Outlook forecast from February 2024 (red), from November 2023 (light green), forecasted based on national forecast of Survey of Professional Forecasters (light blue),

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Noticias de dinero

GDP and Treasury Yields in the Administration Forecast

Forecast finalized in November (roughly same time as CBO’s projections, released in February). First, GDP: Figure 1: GDP (black), Administration forecast (red squares), CBO projection (tan), February Survey of Professional Forecasters  (blue), GDPNow of March 7 (light green square), all in billions Ch.2017$ SAAR. Levels of GDP in Administration and GDPNow calculated using growth rates

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Noticias de dinero

AWS tech forecast for 2024 and beyond

IN its latest press briefing, AWS is predicting that the coming years will be filled with innovation in areas designed to democratize access to technology, and it starts with further exploiting the huge potentials of generative AI (GenAI). GenAI becomes culturally aware Large Language Models (LLMs) trained on culturally diverse data will gain a more

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Noticias de dinero

Wisconsin Employment Outperforming DoR November Forecast

As the nation outperforms, so too does Wisconsin. Employment exceeds the DoR November forecast. Figure 1: Wisconsin nonfarm payroll employment (black), DoR forecast (tan +), implied from SPF forecast, 000’s, s.a. Source: DWD, Wisconsin Dept. of Revenue (Nov.), SPF and author’s calculations. The Wisconsin Economic Outlook forecast from November was based on the slowdown at

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Noticias de dinero

UBS sees upside but maintains PH forecast

PHILIPPINE economic growth will likely pick up this year but still fall below target, the research unit of Swiss-based multinational UBS said. “For the Philippines, we are quite cautiously optimistic,” UBS Senior Asean Economist Grace Lim told reporters on Wednesday. Lim said that UBS was keeping its 5.7-percent forecast for Philippine growth, “with some upside

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Global

Germany says it is in ‘troubled waters’ and cuts growth forecast

The German government said Europe’s largest economy was in “troubled waters” and slashed its growth forecast for this year as it struggles with a lack of skilled labor, excessive bureaucracy, high interest rates and lagging investment in new projects — while a relatively modest set of tax breaks for business remains blocked in the legislature.

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