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US growth is looking sickly as fed keeps hiking rates: Eco week
US gross domestic product -- the sum of goods and services produced -- is forecast to have risen an annualized 0.5% during the April-June period, according to the median estimate in a Bloomberg survey of economists.
Updated on Jul 24, 2022 12:36 PM IST
Bloomberg |
Fed won't react to temporary rise in inflation this year: Official
"As policymakers we have to look through these temporary increases; we're really looking for sustained improvements in inflation so we can average 2% and meet our price stability goals," Daly said
Published on Apr 01, 2021 10:17 PM IST
Reuters |
Asian markets rally on Fed growth, rate outlook
With growth already expected to burst higher this year, huge stimulus spending kicking in and vaccines being rolled out, investors have in recent weeks grown worried about a surge in inflation that could force the central bank to reconsider its dovish stance.
Published on Mar 18, 2021 02:21 PM IST
AFP | | Posted by Harshit Sabarwal
Federal Reserve stresses its commitment to low rates as US economy stumbles
The Fed said in a statement after its latest policy meeting that hiring and economic growth had slowed, particularly in industries affected by the raging pandemic, notably restaurants, bars, hotels and others involving face-to-face public contact.
Published on Jan 28, 2021 05:58 AM IST
AP | , Washington
