Wednesday, May 20, 2026
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Tag: US economy

Yellen: US faces ‘risk’ of recession as inflation battle may slow economy

Washington, United States--The United States faces “a risk” of recession as its battle against inflation could slow the nation’s economy, but a serious downturn...

US recession fears deepen as economy shrinks again

WASHINGTON, United States—The US economy contracted for a second straight quarter between April and June, according to official data released Thursday, adding fuel to...

US Fed hikes interest rate in battle against high inflation

WASHINGTON, United States—The Federal Reserve escalated its battle against the wave of price increases battering the US economy, raising the benchmark interest rate  on...

US consumer prices hit new 40-year high as Ukraine shock looms

US consumer prices hit a new 40-year high last month as the world's largest economy continued to be battered by a surge of inflation,...

US Fed official sees big hike at March meeting

Washington, United States—The US economy is healthy enough that interest rates should go from their current zero level to one percent by summer, and...

Fed officials expect quicker US rate hikes

WASHINGTON, United States—Faced with stubbornly high inflation, US central bankers are considering an accelerated schedule for raising the benchmark borrowing rate, according to minutes...

US hiring in January surprisingly up despite COVID-19

WASHINGTON, United States—The US economy brushed off a spike in COVID-19 infections to add 467,000 jobs in January, far better than expected and a...

Fed’s Powell pledges to fight inflation in second term

WASHINGTON, United States—The pressures pushing prices to multi-decade highs are likely to last through the middle of the year, and the US central bank...

Federal Reserve sees rate hikes ‘sooner’ as inflation spikes: meeting minutes

WASHINGTON, United States—Federal Reserve officials last month were concerned about the Omicron impact, but believed  the US economy had recovered enough from the pandemic...

US Fed to announce stimulus tapering in this week’s meeting

WASHINGTON—The Federal Reserve is set to begin removing a major plank of the stimulus policies it rolled out last year as the pandemic began,...

US economy expanded 6.5% in 2nd quarter

WASHINGTON—The US economy expanded 6.5 percent annualized in the second quarter, according to government data released Thursday, a far slower recovery from the COVID-19...

Fed to meet as inflation, virus variants complicate US recovery

As rising prices and the spread of new COVID-19 variants increase risks to the US economy, Federal Reserve officials are expected to maintain their...

US economy not yet ready for end to Fed stimulus plan

Washington—The recovery in key areas of the US economy is not sufficient enough for the Federal Reserve to start pulling back on its aggressive...

Fed chief offers more assurances on US economy

New York"•The US economy remains on a positive trajectory even as it contends with higher inflation, according to congressional testimony released Monday by the...
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