Steve July 29, 2022
top-economic-takeaways-as-us-wrangles-with-recession-fears

Back-to-back GDP slowdown, Fed raises rates, higher prices: here are the main economic developments from a busy week., Back-to-back GDP slowdown, Fed doubling down, a cooling jobs market, red-hot prices and tech’s big bang, here are the main economic highlights from a busy week.It was an eventful, data-packed week for the US economy. The Federal Reserve, the country’s central bank, raised interest rates by 75 basis points on Wednesday, the second time in as many meetings, in the hopes that higher borrowing costs help balance supply and demand.,2022-07-29 19:50:00,Read More