Deepti's Feed
Jul 24, 2014

Wary about new government, economists trim Indian GDP forecast: poll

BANGALORE (Reuters) – India’s economic growth will accelerate this fiscal year but economists in a Reuters poll trimmed their forecasts, tempering their optimism the first majority government in three decades would quickly bring in reforms and spur business investment.

While the latest consensus still suggests growth will beat the rate of less than 5 percent seen in the past two years, it does not reflect the stock market euphoria since Prime Minister Narendra Modi’s historic election win two months ago.

Jul 24, 2014

Wary about new government, economists trim Indian GDP forecast

BANGALORE, July 24 (Reuters) – India’s economic growth will
accelerate this fiscal year but economists in a Reuters poll
trimmed their forecasts, tempering their optimism the first
majority government in three decades would quickly bring in
reforms and spur business investment.

While the latest consensus still suggests growth will beat
the rate of less than 5 percent seen in the past two years, it
does not reflect the stock market euphoria since Prime Minister
Narendra Modi’s historic election win two months ago.

Jul 17, 2014

Canadian economic growth to stay subdued; inflation near target: Reuters poll

BANGALORE (Reuters) – Canada’s economy will grow a bit more slowly than previously thought over the next two years, a Reuters poll found, but economists expect inflation to stay near the central bank’s 2 percent target.

The poll of 34 economists taken in the past week pegged economic growth this year at 2.2 percent, down a notch from 2.3 percent in an April poll. High household debt and low wage increases are expected to restrict consumer spending, a key to growth.

May 30, 2014
via MacroScope

U.S. growth back in bloom: most accurate Q1 GDP forecasters

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Most are convinced, including Federal Reserve Chair Janet Yellen, that the U.S. economy has already warmed up significantly from a growth deep freeze at the start of the year.

Business inventories were run down to nearly nothing in the first quarter, and were set for a rebound. There also is no sign that consumer spending is about to veer off its recovery path, especially with the job market gradually improving. All of that is likely to underpin better economic growth.

May 13, 2014
via MacroScope

Drop in German investor morale may have called the peak in growth

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Europe’s growth engine may be on the verge of gearing down, according to an indicator of German investor morale that recorded its biggest drop in one and a half years on Tuesday.

For a euro zone economy that is broadening, but still relying heavily on Germany for growth, as well as inflation that is dangerously low and well below target, that may add another line to the European Central Bank’s worry sheet.

Apr 9, 2014

Fed to hold rates until at least July 2015, says slim majority: Reuters poll

By Deepti Govind

(Reuters) – The U.S. Federal Reserve will not raise its key interest rate until at least July next year as it waits for the world’s biggest economy to gather pace, according to a slim majority of economists in a Reuters poll.

Results of the survey of 69 economists based in the United States, Europe and Canada were similar to those in a poll of 18 primary dealers — the banks that do business directly with the Fed — conducted on Friday. <FED/R>

Apr 3, 2014

Indian rupee to weaken slightly over the next year

BANGALORE (Reuters) – The Indian rupee’s recent rally is set to reverse course later this year as upbeat sentiment ahead of a general election wears off and economic growth remains slow, a Reuters poll found.

Still, the rupee will not lose much and is expected to trade at around 60.61 to the U.S. dollar in a month before weakening further to 62 in a year, Thursday’s poll of 30 currency strategists showed.

Apr 3, 2014

Rupee to weaken slightly over next year – Reuters poll

BANGALORE (Reuters) – The rupee’s recent rally is set to reverse course later this year as upbeat sentiment ahead of a general election wears off and economic growth remains slow, a Reuters poll found.

Still, the rupee will not lose much and is expected to trade at around 60.61 to the U.S. dollar in a month before weakening further to 62 in a year, Thursday’s poll of 30 currency strategists showed.

Mar 31, 2014
via MacroScope

Is it time for the ECB to do more?

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From financial forecasters to the International Monetary Fund, calls for the European Central Bank to do more to support the euro zone recovery are growing louder.

With inflation well below the ECB’s 2 percent target ceiling and continuing to fall, 20 of 53 economists in a Reuters Poll conducted last week said the bank was wrong to leave policy unchanged at recent meetings and should do more when it meets on Thursday.

Mar 27, 2014

Only 2 of 72 polled see April ECB rate cut; lukewarm praise for bank reform-Reuters Poll

BANGALORE, March 27 (Reuters) – The European Union’s banking
reforms will boost interbank business but won’t end bailouts of
failing lenders, economists polled by Reuters say.

Thursday’s poll also showed an increasing number of
forecasters agree with the European Central Bank’s recent
decisions to leave monetary policy unchanged, and very few think
it will cut rates from a historic low of 0.25 percent next week.

    • About Deepti

      "Polling Correspondent on the Reuters Polls team. Poll, report and write on global economic and market data. First joined Reuters in 2008 as a correspondent covering U.S. small and mid-cap technology stocks and returned in 2011 after a short stint as a freelance web content writer. Hold a journalism degree from Madras University."
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