Tag: economy
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Biden gets low ratings on economy, guns, immigration in AP-NORC Poll
As President Joe Biden embarks on his reelection campaign, just 33% of American adults say they approve of his handling of the economy and only 24% say national economic conditions are in good shape, according to a new poll from The Associated Press-NORC Center for Public Affairs Research.
US inflation eases but stays high, putting Fed in tough spot
U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the financial system.
US inflation slows to 6.4%, but price pressures re-emerge
The pace of consumer price increases eased again in January compared with a year earlier, the latest sign that the high inflation that has gripped Americans for nearly two years is slowly easing.
US-China officials meet on economy, aim to ease tension
U.S. Treasury Secretary Janet Yellen met Wednesday with her Chinese counterpart and pledged an effort to manage differences and “prevent competition from becoming anything ever near conflict” as the two nations try to thaw relations.
Fed raises key rate by half-point and signals more to come
The Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh time this year and signaling more hikes to come. But it announced a smaller hike than it had in its past four meetings at a time when inflation is showing signs of easing.
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