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U.S. consumer inflation eased to 7.7% over past 12 months

The prospect of slower interest rate hikes sent U.S. markets soaring

Federal Reserve Building is the headquarter of the Federal Reserve System and 12 Federal Reserve Banks, Washington DC, USA

U.S. slows, but not fast enough for Fed

Data points to growth slowdown, but rates still heading higher, Moody's says

  • By: Staff
  • November 7, 2022 November 7, 2022
  • 13:42
job recruitment

Job openings hit 10.7M despite Fed attempts to cool economy

Jerome Powell has expressed hope that inflationary pressure can be relieved by employers cutting job openings, not jobs

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U.S. economy returned to growth last quarter, expanding 2.6%

Stronger exports and consumer spending helped restore GDP

Facade of the Federal Hall Wall Street

Rate hikes reverberate on U.S. banks’ balance sheets

Deposits shrank in the latest quarter but margins expanded with loan growth, Fitch reported

  • By: Staff
  • October 25, 2022 October 25, 2022
  • 14:33
United States Capitol building, Washington DC, USA

U.S. mid-terms likely to blunt recession response

A gridlocked Congress is unlikely to agree to stimulus, Moody's says

  • By: Staff
  • October 24, 2022 October 24, 2022
  • 16:23
Girl reaching for a piggy bank out of reach

U.S. households still sitting on excess savings

About three-quarters of the pandemic war chest remains, research finds

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U.S. Treasury moves forward with database on corporate ownership

The measure aims to combat illicit finance

Financial Growth Bar With A Red Arrow Shape Moving Down On Yellow Background

U.S. economy shrinks at 0.6% annual rate in Q2

The poor performance was the second consecutive quarter of economic contraction

Piggy bank lifted up into sky by inflated balloon

U.S. inflation still stubbornly high despite August slowdown

Stock prices tumbled and bond yields rose as many investors feared a more aggressive Federal Reserve