US ECONOMY
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Business & Economy
Fed resumes tightening with quarter-point rate hike
Washington, Jul 26 (EFE).- The US Federal Reserve raised its benchmark interest rate by a quarter-point on Wednesday, a move…
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Business & Economy
Fed holds rates steady, but says more hikes likely before year’s end
Washington, Jun 14 (EFE).- The Federal Reserve kept its benchmark interest rate unchanged on Wednesday, bringing an end to a…
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Business & Economy
US Federal Reserve approves new quarter-point rise in benchmark rate
Washington, May 3 (EFE).- The US Federal Reserve continued its more than a year-long battle against inflation, voting Wednesday to…
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Business & Economy
US economy slows down in Q1 of 2023
Washington, Apr 27 (EFE).- The United States economy slowed to 1.1 percent in the first three months of the year,…
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Business & Economy
US Federal Reserve raises interest rates a quarter-point
Washington, Mar 22 (EFE).- The United States Federal Reserve Bank announced Wednesday a quarter-point increase in the federal-funds rate, bringing…
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Business & Economy
Powell: Fed is prepared to accelerate pace of rate hikes
Washington, Mar 7 (EFE).- The Federal Reserve chairman told Congress on Tuesday that the US central bank remains laser-focused on…
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Business & Economy
Fed further eases pace of tightening with quarter-point rate hike
Washington, Feb 1 (EFE).- The United States Federal Reserve on Wednesday announced the eighth consecutive increase in its benchmark interest…
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Business & Economy
US economy grew by 2.1 percent in 2022
Washington, Jan 26 (EFE).- The US economy grew by 2.1 percent in 2022, according to early calculations of the country’s…
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Business & Economy
Fed continues inflation fight, raises rates by half point
Washington, Dec 14 (EFE).- The United States Federal Reserve took further action Wednesday to tackle high inflation, although it opted…
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Business & Economy
Fed expects to slow rate hikes as soon as December
Washington, Nov 30 (EFE).- Federal Reserve Chairman Jerome Powell said Wednesday that interest rate hikes will start to slow as…
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