US Economy

US Economy

Deutsche Bank predicts US recession in 2023 as Fed boosts rates

Deutsche Bank is one of the first major banks to forecast a US recession.

US Economy

Fed is whetting appetite for a half-point rate hike

Wednesday’s minutes will provide key details of the likely path forward

US Economy

Fed seeks economic soft landing, rarely seen in wild

The US Fed is trying to use higher interest rates to bring down sky-high inflation without crashing the US into a recession

US Economy

Fed lifts rates a quarter point and signals more hikes to come

"I saw a committee that is acutely aware of the need to return the economy to price stability."
Impact of Russia-Ukraine conflict on central banks’ policies - THE EDGE SINGAPORE

Global Economy

Impact of Russia-Ukraine conflict on central banks’ policies

Despite rising inflation worries across Asia, the market’s policy-pricing of the region’s central banks have not shifted much.

US Economy

El-Erian says Ukraine war effect to spur US inflation higher

El-Erian estimates the rate will peak at "very close or above 10%" before retreating.
World's central banks set policy for economies shaken by the war - THE EDGE SINGAPORE

Global Economy

World's central banks set policy for economies shaken by the war

The Fed is expected to announce a quarter-point increase - the first rate hike since 2018.
US inflation hit fresh 40-year high of 7.9% before oil spike - THE EDGE SINGAPORE

US Economy

US inflation hit fresh 40-year high of 7.9% before oil spike

Most economists had expected February would be the peak for annual inflation
Goldman sees Fed hiking seven times in 2022 instead of five - THE EDGE SINGAPORE

Global Economy

Goldman sees Fed hiking seven times in 2022 instead of five

The altered prediction follows US consumer prices posting the biggest jump since 1982 in January.

US Economy

US economic growth quickened last quarter with inventory boost

The median forecast in a Bloomberg survey of economists called for a 5.5% increase in GDP.
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