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US Economic Data - The US economy faces a new threat
That’s why some economists are pleading with the Fed to ease up its inflation fight—before high interest rates, which it’s used to tame surging prices, grind the US economy into a recession. “It’s ...
The Market News Today: China’s Deflation Stirs Concerns for US Economic Outlook
China’s deflation risk raises alarm for US economy, as weak demand in world’s second-largest economy may impact global trade and inflation.
Fed’s Powell says US economy no longer overheated, signals openness to rate cuts
The US is “no longer an overheated economy” with a job market that has cooled from its pandemic-era extremes and in many ways is back where it was before the health crisis, Fed Chair Jerome Powell ...
China’s consumer price growth weakens ahead of Communist party economic meeting
Consumer prices in the world’s second-largest economy were in particular affected by falling costs of food. Fresh vegetable prices dropped 7.3 per cent on year during June, while prices of fruit fell ...
US economy no longer overheated, Fed's Powell tells Congress
The U.S. is "no longer an overheated economy" with a job market that has cooled from its pandemic-era extremes and in many ways is back where it was before the health crisis, Fed Chair Jerome Powell ...