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Fed, Beige Book
US economy growing at 'modest' pace – Fed
Economic activity in the United States continues to pick up steam, with 'modest' growth seen in many parts of the country since late February, the Federal Reserve (Fed) said on Wednesday.
US economy growing at ‘modest’ pace in many regions: Federal Reserve
ECONOMIC activity in the United States continues to pick up steam, with “modest” growth seen in many parts of the country since late February, the Federal Reserve said on Wednesday. Read more at The Business Times.
U.S. Economy Grows Slightly, Prices Increase Modestly, Says Fed's Beige Book
The Federal Reserve released a report on Wednesday saying overall U.S. economic activity has expanded slightly since late February.
Fed’s Beige Book finds steady economic growth but little progress in reducing inflation
The U.S. economy grew slightly faster in the early spring and businesses added more workers, a Federal Reserve survey found, but there was little progress in lowering inflation.
Fed Beige Book Shows US Economy Expanded ‘Slightly’
Well, here's part of the national summary of the Beige Book. Overall economic activity expanded slightly on balance since late February, ten out of 12 districts experienced either slight or modest economic growth.
Fed's Powell: Elevated inflation will likely delay rate cuts this year
His remarks represented a shift for Powell, who on March 7 had told a Senate committee that the Fed was “not far” from gaining the confidence it needed to cut rates.
Federal Reserve’s Jerome Powell sees ‘lack of further progress’ on inflation, pausing expected rate cuts
Federal Reserve chair Jerome Powell has said there’s been an unexpected “lack of further progress” on tackling the record-high inflation rates that hit the US in recent years, putting the brakes on expected rate cuts from the central bank.
Fed wants "Further Progress" on Inflation Before Cutting Rates
Americans will likely be dealing with higher interest rates for longer. Speaking yesterday, federal reserve chair Jerome Powell confirmed what economists have suspected, that the fed wants to see inflation heading down again before it considers a rate cut.
Russia, IMF
Global economy is growing but may be headed for trouble, IMF says
The IMF’s new forecast calls for global growth of 3.2 percent this year and next, virtually unchanged from its January assessment while warning of trouble ahead.
Russia will grow faster than the US and all other advanced economies this year, the IMF says
Russia's economy in 2024 is expected to grow by 3.2%, outpacing the US, Germany, the UK, and Japan, according to the IMF.
China's economy grows 5.3% in first quarter, surpassing expectations
China's economic growth picked up slightly in the first quarter driven by strong performances from the export, manufacturing and services sectors, according to provisional figures published Tuesday.
1d
on MSN
Investors increasingly expect 'no landing' for US economy
A growing number of investors believe the US economy is headed for a "no landing" scenario, in which inflation doesn't reach ...
2d
on MSN
IMF raises growth forecast for ‘overheated’ US economy and urges caution on rate cuts
The US economy’s standout performance will be a major driver of global growth this year but could make America’s inflation ...
2h
IMF’s Georgieva warns “there’s plenty to worry about’’ in world economy -- including inflation, debt
The head of the International Monetary Fund said Thursday that the world economy has proven surprisingly resilient in the ...
KGW8
13d
US employers added a surprisingly robust 303,000 jobs in March in a sign of economic strength
Yet to the surprise of just about everyone, the
economy
has kept
growing
steadily and employers have kept hiring at a ...
Canyon News
6h
The Growing Impact Of Renewable Energy Jobs On The Economy Of Northern Los Angeles
The renewable energy sector in California is poised for remarkable growth in the coming years, with California's Antelope ...
3d
on MSN
Portugal's new government sees economy growing by 1.5% in 2024
Portugal's new centre-right government expects the economy to grow 1.5% in 2024, which is the same number as predicted by the ...
1d
Microsoft’s $1.5B funding for G42 signals growing US-China rift
As the Gulf region gains growing strategic importance in the tech war between the U.S. and China, Microsoft makes a big move ...
2d
The US's newest immigrants are more likely than native-born Americans to have a college degree, per Goldman Sachs
Recent US immigrants are more likely than native-born Americans to have a college degree. But they're less likely to have ...
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