OPINION/EDITORIAL

Purchasing Managers’ Index Slows Down in June 2024

July 18, 2024/CSL Research The Nigerian private sector exhibited a broad slowdown in June 2024, as evidenced by the Stanbic IBTC headline Purchasing Managers’ Index (PMI) dipping to a seven-month low of 50.1. This deceleration stemmed primarily from a weakening in domestic demand and significant price pressures. Weaker demand led […]

Getting Closer: Speech by Governor Waller on the Economic Outlook

July 17, 2024/US Federal Reserve By Governor Christopher J. Waller Thank you, Jeff, and thank you to the Federal Reserve Bank of Kansas City for the opportunity to speak to you today.1 So far, 2024 has been a challenging year for economic forecasters, and for monetary policymakers. After significant progress […]

Global Growth Steady Amid Slowing Disinflation and Rising Policy Uncertainty

  (Credit: IMF Photo) July 16, 2024/IMFBlog By Pierre-Olivier Gourinchas Our global growth projections are unchanged at 3.2 percent this year and slightly higher at 3.3 percent for next year, but there have been notable developments beneath the surface since the April World Economic Outlook. Growth in major advanced economies […]