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Iranpress: World Newspapers: US inflation hits 6% rate

World Newspapers: US inflation hits 6% rate

Wednesday, 15 March 2023 22:20

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. 206

Iranpress: World Newspapers: US announces new plan to stop inflation

World Newspapers: US announces new plan to stop inflation

Thursday, 16 June 2022 21:15

The US Federal Reserve announced a large interest rate increase to rein in prices while trying to keep the economy from falling into a deep downturn. 206

Iranpress: US economy on brink of major recession as GDP contracts

US economy on brink of major recession as GDP contracts

Friday, 29 April 2022 05:41

The US Department of Commerce announced the economic recession in a report on Thursday.

Iranpress: World Newspapers: In a first, woman of color to lead Fed

World Newspapers: In a first, woman of color to lead Fed

Thursday, 10 February 2022 21:14

Susan M. Collins, the economist, becomes first woman of color to lead Boston Federal Reserve Bank in July from the University of Michigan, where she has been provost and executive vice president for academic affairs since 2020. 224

Iranpress: World Newspapers: fed projects rise in interest rates to tame inflation

World Newspapers: fed projects rise in interest rates to tame inflation

Thursday, 16 December 2021 21:10

Federal Reserve policymakers moved into inflation-fighting mode on Wednesday, saying they would cut back more quickly on their pandemic-era stimulus at a moment of rising prices and strong economic growth, capping a challenging year with a policy shift that could usher in higher interest rates in 2022.

Iranpress: US consumers expect inflation and their finances to worsen

US consumers expect inflation and their finances to worsen

Tuesday, 09 November 2021 07:15

The latest monthly survey from the Federal Reserve Bank of New York( NY Fed) showed Americans’ inflation expectations for the coming year had hit a new all-time high.

Iranpress: US faces highest inflation in 13 years as prices surge 5%

US faces highest inflation in 13 years as prices surge 5%

Friday, 11 June 2021 05:20

The US economy’s rebound from the pandemic is driving the biggest surge in inflation in nearly 13 years, with consumer prices rising in May by 5% from a year ago.

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