Paraguay Holds Key Rate at 6% After Lifting CPI, Growth Outlook
The central bank has kept borrowing costs steady for 16 consecutive months. Analysts surveyed by the central bank see no change in borrowing costs through the end of the year followed by a quarter of a point cut in 2026.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
18 minutes ago
- Yahoo
Top economist warns the U.S. is ‘on the precipice of recession' — and it will be hard for the Fed to come to the rescue
Indicators from the past week paint an overall picture of an economy on the edge of a downturn, according to Moody's Analytics chief economist Mark Zandi. Not only is the labor market weakening, but consumer spending is flat while construction and manufacturing are shrinking, he warned, adding that the Federal Reserve will have a hard time reviving growth with inflation still above its target. The shocking jobs report on Friday wasn't the only red flag. Indicators from the past week paint an overall picture of an economy that's headed for a downturn, according to Moody's Analytics chief economist Mark Zandi. After months of looking remarkably resilient in the face of President Donald Trump's tariffs, the economic outlook has suddenly turned gloomier. 'The economy is on the precipice of recession. That's the clear takeaway from last week's economic data dump,' Zandi wrote in a series of posts on X on Sunday. 'Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall. And with inflation on the rise, it is tough for the Fed to come to the rescue.' Payrolls grew by just 73,000 last month, well below forecasts for about 100,000. Meanwhile, May's tally was revised down from 144,000 to 19,000, and June's total was slashed from 147,000 to just 14,000, meaning the average gain over the past three months is now only 35,000. While Trump has claimed without evidence that the jobs data was 'rigged' and fired the head of the agency that produces the report, Zandi noted that data often gets big revisions when the economy is at an inflection point, like a recession. Separate reports also held warning signs. GDP rebounded more robustly than expected in the second quarter, but a metric that strips out the impact of foreign trade and looks instead at final domestic demand indicated slowing. The personal consumption expenditures report showed core inflation accelerated to 2.8%, further above the Fed's 2% target, and that consumer spending rose less than expected in June. Fed policymakers have held off on interest rate cuts as they wait to see how much tariffs impact inflation. Meanwhile, construction spending continued to decline in June amid a sharp drop in single-family homes. And the Institute for Supply Management's manufacturing activity index for July dipped, indicating the sector contracted at a quicker pace. For now, the Atlanta Fed's GDP tracker points to continued growth, though it's expected to decelerate to 2.1% in the third quarter from 3% in the second quarter. There are also no signs of mass layoffs, and the unemployment rate has barely changed, bouncing in a tight range between 4% and 4.2% for more than a year. But Zandi said the jobless rate is still low only because the size of the labor force has stagnated. That's as the foreign-born workforce has plunged by 1.2 million in the last six months amid Trump's immigration crackdown, while the overall labor participation rate has slipped. As the supply of labor has softened, so has the demand. Zandi pointed to an 'economy-wide hiring freeze, particularly for recent graduates.' The upshot is that the so-called neutral level of job gains needed to absorb new workers—and keep the unemployment rate steady—is now much lower. 'It's no mystery why the economy is struggling; blame increasing U.S. tariffs and highly restrictive immigration policy,' Zandi added. 'The tariffs are cutting increasingly deeply into the profits of American companies and the purchasing power of American households. Fewer immigrant workers means a smaller economy.' On Friday, economists at JPMorgan similarly sounded the alarm on a potential downturn. They noted that jobs data show hiring in the private sector has cooled to an average of just 52,000 in the last three months, with sectors outside health and education stalling. Coupled with the lack of any signs that unwanted separations are surging due to immigration policy, this is a strong signal that business demand for labor has cooled, they explained. 'We have consistently emphasized that a slide in labor demand of this magnitude is a recession warning signal,' JPMorgan added. 'Firms normally maintain hiring gains through growth downshifts they perceive as transitory. In episodes when labor demand slides with a growth downshift, it is often a precursor to retrenchment.' This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
ASX Growth Companies With High Insider Ownership August 2025
As the Australian market faces a challenging period with the ASX 200 futures down in response to impending U.S. tariffs, investors are closely monitoring economic developments that could impact growth prospects. In such uncertain times, companies with high insider ownership often attract attention as they may indicate strong confidence from those who know the business best, potentially offering stability and resilience amidst broader market volatility. Top 10 Growth Companies With High Insider Ownership In Australia Name Insider Ownership Earnings Growth Newfield Resources (ASX:NWF) 31.5% 72.1% Image Resources (ASX:IMA) 22.3% 79.8% Gratifii (ASX:GTI) 17.9% 114.0% Findi (ASX:FND) 33.6% 91.2% Fenix Resources (ASX:FEX) 21.1% 53.9% Echo IQ (ASX:EIQ) 18% 51.4% Cyclopharm (ASX:CYC) 11.3% 97.8% BlinkLab (ASX:BB1) 39.8% 52.7% Alfabs Australia (ASX:AAL) 10.8% 41.3% Acrux (ASX:ACR) 15.5% 106.9% Click here to see the full list of 99 stocks from our Fast Growing ASX Companies With High Insider Ownership screener. We're going to check out a few of the best picks from our screener tool. Australian Ethical Investment Simply Wall St Growth Rating: ★★★★★☆ Overview: Australian Ethical Investment Ltd is a publicly owned investment manager with a market cap of A$875.60 million, focusing on ethical and sustainable investment strategies. Operations: The company generates revenue primarily from its Funds Management segment, amounting to A$110.80 million. Insider Ownership: 21.8% Australian Ethical Investment is poised for growth, with revenue projected to increase by 10.9% annually, outpacing the broader Australian market. The company's earnings grew by 24.6% last year and are expected to rise significantly over the next three years, surpassing market averages. Its return on equity is forecasted to reach a very high level in three years, indicating strong profitability potential. Despite no recent insider trading activity, these factors highlight its growth prospects. Dive into the specifics of Australian Ethical Investment here with our thorough growth forecast report. Our comprehensive valuation report raises the possibility that Australian Ethical Investment is priced higher than what may be justified by its financials. GemLife Communities Group Simply Wall St Growth Rating: ★★★★☆☆ Overview: GemLife Communities Group operates as a developer, builder, owner, and operator in the land lease community sector, providing resort-style communities for homeowners aged 50 and over in Australia with a market cap of A$1.65 billion. Operations: GemLife Communities Group generates revenue through its activities in developing, constructing, owning, and managing resort-style residential communities for individuals aged 50 and above within Australia. Insider Ownership: 26.6% GemLife Communities Group recently completed a significant A$750 million IPO, enhancing its capital base. The company's earnings are forecast to grow at 29.7% annually, outpacing the Australian market's average growth rate of 10.7%. Despite trading below fair value and having illiquid shares, GemLife's revenue is expected to grow faster than the market at 11.7% per year. However, interest payments are not well covered by earnings, which could pose financial challenges. Unlock comprehensive insights into our analysis of GemLife Communities Group stock in this growth report. Our expertly prepared valuation report GemLife Communities Group implies its share price may be too high. Regis Healthcare Simply Wall St Growth Rating: ★★★★★☆ Overview: Regis Healthcare Limited provides residential aged care services in Australia and has a market cap of A$2.55 billion. Operations: The company's revenue is primarily derived from its residential aged care services, totaling A$1.10 billion. Insider Ownership: 39% Regis Healthcare is experiencing significant earnings growth, forecasted at 24.4% annually, outpacing the Australian market's average. Despite negative shareholder equity and trading at 31.5% below fair value, Regis became profitable this year. Insider activity shows substantial selling over the past three months without notable buying. Revenue is expected to grow by 7.9% per year, slower than high-growth benchmarks but still above market averages. Return on Equity is projected to be very high in three years. Click here and access our complete growth analysis report to understand the dynamics of Regis Healthcare. Our valuation report unveils the possibility Regis Healthcare's shares may be trading at a premium. Make It Happen Gain an insight into the universe of 99 Fast Growing ASX Companies With High Insider Ownership by clicking here. Interested In Other Possibilities? Rare earth metals are the new gold rush. Find out which 25 stocks are leading the charge. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include ASX:AEF ASX:GLF and ASX:REG. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
CNN
an hour ago
- CNN
On GPS: Will Trump's tariffs help or hurt America?
Fareed discusses President Trump's sweeping new tariffs with Zanny Minton Beddoes, editor-in-chief of The Economist, and Oren Cass, founder and chief economist of the conservative think tank American Compass.
