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US Economy
Biden says he thinks US economy will avoid potential recession
'It's been coming for 11 months, well guess what? I don’t think it is going to come'
June 28, 2023
US inflation slows in May, giving room for Fed to pause rate hikes
At 4%, year-over-year inflation is now at its lowest level since March 2021.
June 14, 2023
US Economy
Fed will keep rates high thanks to inflation fueled by corporate greed, investors say
One of the worst bouts of inflation in decades has spurred a search for explanations.
June 12, 2023
US Economy
US's debt-ceiling crisis is over but the debt crisis remains
Maybe the most surprising aspect of the debt-ceiling increase is that it passed Congress easily, says Yglesias.
June 05, 2023
US Economy
Looking beyond mixed signals, US labour market remains strong
Besides the 339,000 jump in payrolls, other recent data showed elevated job openings and a moderate number of unemployment claims.
June 03, 2023
US debt-limit deal sets up tough battle for passage in Congress
A time-consuming, last-minute revision or a failure on the House floor risks a market dive.
May 29, 2023
Key takeaways from deal Biden, GOP sealed to avert US default
The agreement came just days before the Treasury is projected to run out of cash on June 5.
May 29, 2023
US Economy
In defence of industrial policy
Free-market purists may bristle, but in the real world government interventions shape market outcomes.
May 25, 2023
Global Economy
Two Fed officials say more interest-rate raises may be needed to cool prices
"I think we’re going to have to grind higher with the policy rate"
May 23, 2023
US Economy
US inflation shows signs of moderating, giving Fed room to pause
The Fed will need to see more than one month of data to be confident that price pressures are on a sustained downward path
May 10, 2023