US ECONOMY (ADDS VIDEO)
-
Business & Economy
Laser-focused on inflation, Fed approves new 75-basis-point rate hike
Washington, Nov 2 (EFE).- The United States Federal Reserve on Wednesday announced a new 0.75-percentage-point hike in its benchmark interest…
Read More » -
Business & Economy
Recession fears as US GDP shrinks for 2nd consecutive quarter
Washington, Jul 28 (EFE).- The United States economy contracted for a second consecutive quarter as GDP fell at an estimated…
Read More » -
Business & Economy
US Federal Reserve approves biggest rate hike in two decades
By Marc Arcas Washington, May 4 (EFE).- The United States Federal Reserve on Wednesday approved a rare half-point interest rate…
Read More » -
Business & Economy
Fed chief supports interest rate hike in March despite Russia-Ukraine war
By Beatriz Pascual Macias Washington, Mar 2 (EFE).- The chairman of the United States Federal Reserve said Wednesday he will…
Read More » -
Business & Economy
Fed to accelerate tapering of bond purchases, end that stimulus by March
By Marc Arcas Washington, Dec 15 (EFE).- The US Federal Reserve confirmed Wednesday that it will accelerate its wind-down of…
Read More » -
Politics
US transport chief: We’ll have supply chain problems until pandemic ends
By Lucia Leal Washington, Nov 8 (EFE).- The problems in US supply chains will continue “until the pandemic is truly…
Read More » -
Business & Economy
Fed leaves benchmark rate unchanged amid inflation concerns
Washington, Jun 16 (EFE).- The United States Federal Reserve on Wednesday left its benchmark interest rate unchanged at a target…
Read More » -
Business & Economy
US GDP plunges 32.9 pct. in 2nd quarter due to coronavirus lockdowns
By Alfonso Fernandez Washington, Jul 30 (efe-epa).- The United States’ gross domestic product plummeted by a record annualized rate of…
Read More » -
Business & Economy
Fed forecasts unprecedented drop in US economic activity in 2nd quarter
Washington, Apr 29 (efe-epa).- The chairman of the Federal Reserve on Wednesday forecast an unprecedented drop in economic activity in…
Read More »