Page 3 of US Economy

us economy, investing abroad, us gdp numbers, us gdp, us economy growth slows

America slows down! US economy grew at its slowest pace in nearly two years

the expectation of a Fed interest rate cut in 2024 is starting to look increasingly more out of reach.

Updated: April 25, 2024 19:36 IST

Dollar, reserve currency, US economy, Larry Summers, currency transitions, inflation, global GDP, global stock markets

Dollar to remain reserve currency for a long time, US economy central to global story says Larry Summers

Speaking at the Express Adda, Former US Treasury Secretary Larry Summers says he does not see the possibility of the…

September 28, 2023 10:37 IST

central banks, interest rate, repo rate, RBI, ECB, US Fed, inflation, economic strength, monetary policies, Jerome Powell

Standard Chartered CEO says big US recession unlikely

The “reactive response in the U.S. was perfect,” effectively stemming the crisis, he said, adding the ideal would have been…

May 8, 2023 16:20 IST

US economy, US economy news, US economy latest news, GDP, slowdown, economy news

US economy grew at weak 1.1 per cent rate in Q1 in sign of slowdown

Thursday’s estimate from the Commerce Department showed that the nation’s gross domestic product — the broadest gauge of economic output…

Updated: April 27, 2023 19:55 IST

US economy, us jobless claims, US economy news, economy news, world economy

US weekly jobless claims post largest increase in five months

Weekly jobless claims increase 21,000 to 211,000

Updated: March 9, 2023 20:18 IST

us fed, us federal reserve, us market, us economy,

Another annus horribilis for the Fed Premium Story

The Fed has been plagued by its erroneous assessment of inflation and its consequent slow reaction as well as ethical…

Updated: December 24, 2022 10:15 IST

US GDP report points to an economic recovery, recession unlikely: President Joe Biden’s economic adviser

The US economy grew at a better-than-expected 2.6 per cent annual rate from July through September, snapping two straight quarters…

Updated: October 28, 2022 08:22 IST

US Inflation, US inflation data, US economy, wall street, Fed rate hikes, food inflation, retail inflation, economy news

Soaring rent, food costs keep US consumer inflation on front burner

Consumer prices increase 0.4% in September; CPI advances 8.2% on year-on-year basis

Updated: October 13, 2022 20:28 IST

US Federal Reserve, US Federal Reserve rate hike, US Economy, US Federal Reserve latest, US Federal Reserve news

US Fed delivers big rate hike, sees another large move higher in 2022

Fed lifts target interest rate to 3.00%-3.25% range

Updated: September 22, 2022 00:47 IST

Joe Biden, US House, US Economy, Biden, POTUS, White House, US presidential elections

US House set to give Joe Biden huge win with $430 billion bill on climate, drug prices

Democrats say the legislation will help reduce the federal deficit, cut domestic greenhouse gas emissions, allow Medicare to negotiate lower…

Updated: August 12, 2022 20:19 IST

US Economy, US economy latest news, economy data

US import prices decline for first time in seven months

Economists polled by Reuters had forecast import prices, which exclude tariffs, would decline 1.0% from June.

Updated: August 12, 2022 19:21 IST

Cathie Wood says US economy in recession but don’t worry, good times are coming

Cathie Wood has weighed in on the debate on whether the United States economy is in a recession or not…

August 10, 2022 13:01 IST

US inflation will likely stay high even as gas prices fall

Thanks largely to falling gas prices, the government’s inflation report for July, to be released Wednesday morning, is expected to…

August 10, 2022 10:08 IST

US economy shrinks for 2nd quarter straight on inflation, may fall into recession by year-end

The drumbeat of recession grew louder after the US economy shrank for a second straight quarter, as decades-high inflation undercut…

July 29, 2022 07:44 IST

But even if the announcement seems to say that, the reality is more complicated.

Reading the signs: Is the US in recession? Premium Story

Can’t call a recession on the basis of two consecutive quarters of negative growth

Updated: July 22, 2022 08:49 IST

Joe Biden focuses on workers as high inflation remains a risk

The speech before the AFL-CIO convention in Philadelphia was the president’s attempt to reset the terms of the debate on…

Updated: June 15, 2022 09:07 IST

Billionaire investor Bill Ackman explains why share market is imploding: Investors lose confidence in US Fed

“There is no prospect for a material reduction in inflation unless the Fed aggressively raises rates, or the stock market…

Updated: May 25, 2022 16:37 IST

India, US, Economy, India-US economic ties, PM Narendra Modi, Joe Biden

India, US sign pact to facilitate $4-bn investment

The DFC, a development finance agency of the US government, is currently considering investment proposals worth $4 billion for India,…

May 24, 2022 02:10 IST

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