financialindicators

Goldman Sachs Increases Recession Probability Due to New Tariffs

1 month ago

In recent days, economic realities have become more pressing, and analysts at Goldman Sachs have raised the probability of a recession occurring in the United States. In their latest report, they noted that economic indicators are increasingly worrisome, particularly in light of new trade tariffs coming into effect. The global economy continues to feel the pressure from political and economic factors, including those stemming from major trading partners, which creates additional risks for growth.

Consumer Confidence Drops in February: Biggest Monthly Decline in Nearly 4 Years

3 months ago

In February 2023, there was a sharp decline in consumer confidence, marking the largest monthly drop in nearly four years. The Consumer Confidence Index, calculated by the Conference Board, decreased by 8.5 points from the previous month, indicating growing concerns among consumers about future economic conditions.

Ireland Achieves Credit Rating Upgrade Due to Strengthening Public Finances

9 months ago

Ireland has been awarded a credit rating upgrade by Scope Ratings. This change is attributed to the improvement of public finances and the country's robust economic growth. Analysts from the agency noted that Ireland features a strong budget position, which is becoming increasingly evident amid global economic challenges.