FedEx says the global economy is worsening and it's again cutting its forecast for the fiscal year ending in May.
Stories Related to Fedex Says Economy Is Worsening, Cuts Outlook
Kansas City Star: Business, Kansas City Star: Business
Tue, 09/18/2012 - 4:53am
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BING NEWS:
- The U.S. economy is headed for a hard landing, and Fed rate cuts won’t be enough to rescue it, Citi says
"The next stage of the policy cycle is a weakening of the labor market. Once it starts gradually weakening, it then weakens more sharply. I think that's exactly what's playing out now." ...
05/5/2024 - 11:21 am | View Link - Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
One result of the Fed’s higher rates has been a kind of bifurcated economy, by age. Older, wealthier Americans who already own homes and cars have been much less affected by the Fed’s rate hikes. By ...
04/29/2024 - 7:48 am | View Link - US Economy News Today: Don't Hold Your Breath For Interest Rate Cuts This Week
The Federal Open Market Committee, the central bank’s policy body, is likely to leave the fed funds rate unchanged when it wraps up its two-day meeting on Wednesday. The Fed will also likely send the ...
04/29/2024 - 4:27 am | View Link - Affluent older Americans are driving economy and likely delaying need for Fed rate cuts
So I better do it, right?” Older Americans like Harris are fueling a sustained boost to the U.S. economy. Benefiting from outsize gains in the stock and housing markets over the past several years, ...
04/28/2024 - 1:00 pm | View Link - The US economy may be barrelling towards stagflation, an outcome worse than recession
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