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    HomeNewsOpinionWhat slowdown? Developed economies blaze a growth trail, beat rate hikes

    What slowdown? Developed economies blaze a growth trail, beat rate hikes

    The Flash Composite PMIs show that the US, the UK and the Eurozone saw growth accelerate this month. That should lead to more monetary tightening 

    Manas Chakravarty
    April 25, 2023 / 07:47 IST
    The more optimistic picture of the economy has led to the markets pricing in another rate hike by the Fed, although there are still hopes there will be a rate cut by the end of the year
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