The IMF revised downward its 2024 economic growth projection for Nigeria to 3.0% from the 3.1%
Global Macro Highlights UK economy showed no growth QoQ in Q3:2023 The Office for National Statistics reported that the UK economy showed no growth QoQ in Q3:2023 as GDP remained unchanged during the period, following a 0.2% increase in Q2:2023. However, on a YoY basis,
Global Macro Highlights US Federal Reserve chose to keep the federal funds rate The US Federal Reserve chose to keep the federal funds rate at 5.25%-5.5%, which remains its highest level in 22 years. During the previous month, the unemployment rate climbed to 3.9%, reaching
Global Macro Highlight U.S. economy grew by an impressive 4.9% YoY According to a report by the United States Bureau of Economic Analysis, the U.S. economy grew by an impressive 4.9% YoY and 1.2% QoQ, representing the most substantial growth observed since Q4:2021. This surge
