IMF predicts global economic growth over the next two years
The international economy is receiving a significant boost from central banks' low-rate policies
- January 20, 2020 January 20, 2020
- 10:23
The international economy is receiving a significant boost from central banks' low-rate policies
High energy prices helped lift the consumer price index by 0.3%
After drops in August and September, gasoline prices rose 3.7% last month
Projections include 2.6% growth in U.S., 1.5% growth in Canada
Construction was down 0.9%, and applications for building permits fell 6.1%
Deficit in the trade of goods with China rose 29.7%
The Institute for Supply Management's manufacturing index rose to 58.7 in May
Groundbreakings on new homes jumped 9.7% last month in the U.S.
More than a third of U.S. consumers are optimistic about business conditions and jobs, leading to high consumer confidence index