Federal Reserve policymakers are finally seeing some continuous progress in easing high inflation, strengthening their plan to hike interest rates by a quarter percentage point next week, with traders betting ...
Some of Wall Street’s heavyweights are pouring cold water on expectations that the U.S. economy will scrape through 2023 without a recession, even as hopes of resilient growth and easing ...
Summary Weekly unemployment claims drop 15,000 to 190,000 Continuing claims rise 17,000 to 1.647 million Single-family housing starts increase 11.3%; permits drop 6.5% The number of Americans filing new claims ...
Federal Reserve policymakers on Wednesday indicated they will proceed with more interest rate rises, with several backing a top policy rate of at least 5% even as economic activity is ...
U.S. Energy Secretary Jennifer Granholm cautioned Republicans in a letter seen by Reuters on Wednesday that limiting President Joe Biden's authority to tap the nation's oil reserves would threaten national ...
The World Bank cut its 2023 growth forecasts on Tuesday to levels teetering on the verge of recession for many countries as the fallout from the central bank rate rises ...
The Federal Reserve's attempt to shock the economy back to lower inflation is in its early days, making it difficult for the U.S. central bank to avoid overdoing it with ...
Just over half of the 50 U.S. states are showing signs of slowing economic activity, breaching a key threshold that often signals a looming recession, the latest research from the ...
German firms anticipate only a mild recession in 2023 despite headwinds from the energy crisis, a tepid global economy, and raw material shortages, a survey of large associations published by ...
Summary ECB hikes rates by 50 bps, signals similar hikes QT to start in March Eurozone recession approaches Inflation risks skewed to upside The European Central Bank slowed the pace ...
