US Federal Reserve Archives

According to officials in the Federal Reserve, unemployment in the country will also go up to 4.1% by 2024, which will result in a recession.

US Federal Reserve hikes interest rate by 75 basis points; Strict on 2% inflation target

Thomas BabychanSeptember 22, 2022

Federal Reserve of the United States on Wednesday announced that it has decided to increase benchmark interest rates in the USA by 75 basis points. With the lat...

BusinessMarketsNewsTrendingWorld

Goldman Sachs cut 2023 US GDP growth to 1.1%

Thomas BabychanSeptember 18, 2022

Amidst growing inflation rates and high volatility in the economy of the United States of America, Goldman Sachs on Friday cut the GDP growth estimates of the N...

BusinessMarketsNewsTrendingWorld

US Federal Reserve Chair Jerome Powell. Photo: AFP / Getty Images

US Fed Chief Jerome Powell makes BIG statement on inflation rate

Thomas BabychanSeptember 9, 2022

Chairman of the US Federal Reserve, Jerome Powell on Thursday said that it is very important to bring down inflation rates in the US economy as high prices for ...

BusinessMarketsNewsTrendingWorld

Joe Biden will issue crypto executive order this week

US Prez Joe Biden – “Country seeing signs of easing inflation”

Thomas BabychanSeptember 3, 2022

President of the United States of America, Joe Biden, on Friday said that the US economy is showing signs of easing inflation. While making a statement about ea...

BusinessMarketsNewsOtherPopularTrendingWorld

How Investors lost $1.2 trillion from US stock market on Friday?

Thomas BabychanAugust 27, 2022

Investors in the US stock market suffered huge blows on Friday as Jerome Powell, chairman of the US Federal Reserve, indicated aggressive interest rate hikes in...

BusinessMarketsNewsOtherPopularTrendingWorld

GDP of United States shrinks by 0.9% – Commerce Dept

Thomas BabychanJuly 29, 2022

Amidst increasing fears of recession-like economic events in the United States of America, preliminary estimate report published by Commerce Department on Thurs...

MarketsNewsTrendingWorld

The Fed raises interest rates by the most in over 20 years to fight inflation

Prattay MazumdarMay 5, 2022

Win McNamee/Getty Images The Federal Reserve requested the biggest interest climb in over twenty years Wednesday as a component of its heightening effort to...

Markets

Federal Reserve’s decision, Retail sales: What to know this week

Prattay MazumdarDecember 13, 2021

Jerome Powell, chairman of the U.S. Federal Reserve. Photographer: Andrew Harrer/Bloomberg via Getty Images Financial backers this week are set to zero in o...

Markets

Wall Street this week ends with volatility
All three major indexes declined Friday; investors consider fresh worries that have spurred volatility

Ayush BansalDecember 5, 2021

Wall Street's News Wall Street major indexes fell in choppy trading on Friday, with the Nasdaq tumbling more than 2%, as mixed jobs data, uncertainty around th...

BusinessMarketsNews

The US aims to play a leading role in the development of digital currency

Chhavideep SinghMay 22, 2021

Source: Cointelegraph The United States of America a.k.a. the superpower of the world has reportedly started to look into its own digital currency as an ass...

BusinessTechWorld