Source: EconomyDespite high inflation, the U.S. is “moving from the strongest economic recovery in modern history…
Categorie: Politico.com – Economy
U.S. inflation hit 8.3% last month but slows from 40-year high
Source: EconomyOn a month-to-month basis, prices rose 0.3% from March to April, a still-elevated rate but…
Fed set to launch fresh assault on inflation in new era for economy
Source: EconomyRates this year could reach their highest levels since before the 2008 Wall Street crash…
Surprise GDP slump undercuts White House recovery story
Source: EconomyThe government said gross domestic product shrank at a 1.4 percent annualized rate in the…
U.S. economy shrank by 1.4 percent in Q1 but consumers kept spending
Source: EconomyThe steady spending suggested the economy could keep expanding this year even though the Federal…
IMF warns of ‘severe’ global economic risk from war in Ukraine
Source: EconomyThe war in Ukraine will “severely” set back the global recovery from Covid-19, according to…
What could go wrong with Biden’s booming economy? Here are the big risks.
Source: EconomyThe Fed’s campaign to raise interest rates — designed to reduce spending and curb inflation…
U.S. inflation jumped 8.5 percent in past year, highest since 1981
Source: EconomyPrices have been driven up by bottlenecked supply chains, robust consumer demand and disruptions to…
Psaki: Student loan borrowers likely to have to pay debt ‘sometime’
Source: EconomyThe Biden administration recently extended a Covid-related pause on repayments.Read More
Biden’s mounting midterm threat: Inflation angst outweighing historic job growth
Source: EconomyWhite House officials deny any sense of panic over the economy or their midterm chances.Read…