Close this search box.

Explore the world.

Assess underlying fundamentals and market conditions in the world's major economies.


Stay ahead.

Follow the biggest stories in markets and economics in real time.

Connect with us.

Learn more about Corpay Cross-Border and the currency research team.


Get insight into the latest trends and developments in global currency markets with breaking news updates and research reports delivered right to your inbox.

After signing up, you will receive regular newsletters from Corpay, and may unsubscribe at any time. View Corpay’s Privacy Policy

Recession risks remain significant.

The British industrial sector remains mired in contraction, house prices are falling, labour markets are softening, and a broad array of underlying growth indicators are pointing to slowing momentum. With the full impact of higher policy rates yet to hit home, most forecasters currently expect the economy to exhibit stagflation-esque characteristics in 2024 – consensus estimates show inflation topping 3.1 percent while a mild, front-loaded recession leaves growth below 0.4 percent by year end.

2024 consensus forecasts, averaged across data providers

Nvidia Earnings Top Estimates, Markets Surge
Fed Worried About Cutting Too Soon
Markets Mark Time Into Fed Minutes, Nvidia Earnings
AUD recovery continues
Canadian Inflation Decelerates Sharply in January
Dollar Steadies As Rate Cut Consensus Falters