U.S. recession isn’t ‘inevitable,’ but inflation is ‘unacceptably high,’ Treasury Secretary Yellen says

Read Time:6 Second

Talk of a recession has accelerated this year as inflation remains high and the Federal Reserve takes aggressive steps to counter.

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed...

It's a tough case to sell that higher interest rates today are having a substantially negative impact on the course...

For five of the past six weeks, the level of initial jobless filings totaled exactly 212,000.

The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024.

High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF...

Economists polled by Reuters expected a reading of 3.1%, down from 3.4% in February.