Before the recent drop in data, officials indicated plans to raise interest rates in half-point increases.
Tag: US economy
Policymakers may be the real threat to the US economy
Something is still felt in America’s economy. It is booming in many ways with a strong…
Janet Yellen and the World Bank expect increased inflation to persist
Global growth expected to slow as prices rise, risk of ‘inflation’ rising, says bank president
Slowdown in the West may hit India’s exports: EY
New Delhi According to an analysis by EY, the economies of the US and the European…
Wall Street up 1% on upbeat results, Fed relief
US stock indexes climbed on Thursday following upbeat annual forecasts from many retailers, while data confirmed…
US economy shrank 1.5% in Q1 but consumers continued to spend
The US economy shrank in the first three months of the year, even as consumers and…
Joe Biden says US recession not inevitable, pain will last ‘for some time’
‘It’s going to be a race,’ says US president ‘It’s going to be a race,’ says…