Category: economic growth

Fed holds rates steady, expects moderate economic growth next year

The US Federal Reserve has held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely.  Moderate economic growth and low unemployment are expected to continue through next year’s presidential election, it said. The decision by the Fed’s rate-setting committee left the benchmark overnight lending rate in its current target range between […]

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UK economy grows at slowest annual rate since 2010 in Q3

The UK economy grew at the slowest annual rate in nearly a decade in the three months to the end of September, as a global slowdown and Brexit worries hit business investment and manufacturing.  Year-on-year gross domestic product growth slowed to 1% from 1.3% in the second quarter, Britain’s Office for National Statistics said. This […]

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Irish economic growth set to moderate – Commission

Irish economic growth set to moderate – Commission The European Commission said today that GDP growth in Ireland is forecast to moderate as support from the external environment weakens and risks, including Brexit, grow. But in its latest quarterly economic forecast, the Commission said that underlying economic activity is expected to remain “robust” on the […]

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