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Press Releases

Hong Kong 2016 GDP tops forecast as new budget unveiled

It is critical for Hong Kong to strengthen its economy and competitiveness as an key business center, a tax expert said ahead of the city's annual budget.


Trump's GDP target could be attainable with the right policies, analyst Pethokoukis says

Donald Trump's 'aggressive' GDP growth target might be attainable with the right policies, but many remain unconvinced.


Trump’s 3.5% economic growth ‘not in the cards’: Fmr. Labor Secretary Robert Reich

The math doesn't add up for a GDP growth rate of 3.5 percent, former Labor Secretary Robert Reich says.


Only expect 2 rate hikes in 2017: Expert

James Sullivan of J.P. Morgan says Q1 GDP figures are likely to be weaker-than-expected and that a rate hike will only be due in June.


The measure that says stocks are way overvalued

The ratio of total market value to GDP suggests that U.S. stocks are far too expensive—but is that really a reason to worry? Stacey Gilbert of Susquehanna and Mark Tepper of Strategic Wealth Partners discuss with Susan Li.


Consumers will start to be tested as 2017 progresses: BOE

Bank of England Governor Mark Carney explains why the central bank has altered its GDP forecast for 2017.


European markets close lower after euro zone GDP, inflation; Trump vows to cut drug prices

European markets closed lower on Tuesday as investors focused on data and earnings while keeping an eye on President Trump's immigration policy.


Euro zone GDP growth rises 0.5%

The 19-member economy saw GDP rise 0.5 percent in the last quarter of 2016.


Stocks close mixed after GDP miss, but post weekly gains of 1%

U.S. equities closed mixed on Friday after the initial fourth-quarter GDP read fell short of estimates, but managed to record weekly gains.


The US government says GDP rose by 1.9%, but be careful with those numbers

The BEA said Friday that GDP increased 1.9 percent in the fourth quarter of 2016, but there's more to that story.