The downgrade was slight, but consumer spending was down sharply
Deloitte predicts half-point real GDP drop in 2023
The OECD revised its global GDP projections upward, but warned of persisting risks
Amid historic inflation and hospital strikes, financial advisor says Hunt “needs to remain boring and predictable”
The Statscan report showed a grimmer economy than forecasters expected as higher rates took a toll
Wage demands could moderate with economy in “middling phase”
Britain dodged two consecutive shrinking quarters, GDP grew 0.4% in 2022
Output should grow 2.9%, global inflation should fall to 6.6%
3.5% growth could mask private consumption contraction
Annualized Q4 growth at 1.6%, slowdown in housing-related orders