This name was first proposed in 1989 by the liberal British economist, James Williamson. The Consensus was created with Latin American countries in mind. The countries of this region in the 80s [...]
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SEPTEMBER 4, 2023
The World Bank maintains China's GDP growth forecast in 2023, but lowers the outlook for 2024.
The World Bank maintained its forecast for China's economic growth in 2023 at 5,1% in line with its earlier estimate in April, but lowered its forecast for 2024 from 4,8% to 4,4%, citing [. ..]
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April 18 2023
Fed Says Recession Is Coming, What Does That Mean For Commodities?
The recently released minutes of the Fed's March monetary policy meeting revealed that several members of the Federal Open Market Committee have finally admitted that the economy is heading into recession later this year. [...]
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June 8 2022
The World Bank warns against stagflation
The World Bank officially warns against stagflation, which is a dangerous phenomenon that combines weak economic growth and high inflation. The reasons for the warnings and cuts in the World Bank's forecasts seem quite obvious. Invasion [...]
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