Economic activity in the United States maintained its growing pace with a “slight expansion” in March, the Federal Reserve (Fed, central bank) in its monthly economic situation report, known as the “Beige Book.” “Overall economic activity expanded slightly, overall”the Fed said in its summary of the state of the US economy. Ten of the 12 […]
Tag: US economy
For JPMorgan Chase president, inflation remains a threat
The president of the bank JPMorgan Chasethe influential Jamie Dimonfears that inflation in the United States could remain high for longer than authorities expected and does not rule out that interest rates will rise again, according to its annual letter to investors published on Monday. The ecological transition, the increase in military spending and the […]
OECD again reduces its economic prospects for Europe and improves those of the US.
The OECD once again reduced its expectations for the European economy for this year, with growth below 1% in the large countries except Spain, the exception in the Old Continent, while improving those of the United States, which will grow above 2%. In its interim Outlook report published this Monday, the Organization for Economic Cooperation […]
Inflation in the US rises more than expected in December to 3.4%
The inflation in the United States closed in December 2023 with a stronger than expected year-on-year rebound, due in particular to housing prices, according to the CPI index released on Thursday by the Department of Labor. The Consumer Price Index (CPI) of the Department, a key indicator of inflation, rose 3.4% in December compared to […]
Inflation in the US moderates in November to 3.1% in 12 months, before the Fed
The inflation fell slightly in November in the United States, standing at 3.1% in the interannual period, compared to the 3.2% registered the previous month, according to the CPI index published on Tuesday by the Department of Labor. The Consumer Price Index (CPI), which is known before the end of the Federal Reserve’s monetary policy […]
The US grew one tenth more than estimated in the third quarter
The gross domestic product (GDP) of USA It advanced 1.3% in the third quarter, one tenth more than estimated by the Bureau of Economic Statistics (BEA) in its initial calculation. According to the figures from the first GDP review published this Wednesday, the annual growth rate was 5.2%, three tenths more than estimated in October. […]
FED Philadelphia: US economy is strengthening, but progress in the face of inflation will be irregular
The economic prospects of USA have improved slightly and a key measure of inflation will continue its downward trend, a survey carried out by the Federal Reserve Bank of Philadelphia among experts in economic forecasting. The survey expects real GDP to grow at an annual rate of 1.3% this quarter, 0.1 percentage point higher than […]
Strike at three car factories threatens US economy
The union of three major American automakers launched a strike unprecedented simultaneous in three plants of USA to demand wage increases, threatening the economy and the push for the president’s re-election Joe Biden. In front of the Ford plant in Wayne, in the Detroit region (Michigan), horns and applause greeted the arrival of the president […]
The US says goodbye to the mirage of free healthcare brought by the pandemic
It was not a political party or a social movement, but a virus that led to a pandemic, which made people feel USA closer than ever to the utopia of free universal healthcare. A dream that ends this Friday with his first day without a health emergency. Although the different social and health programs brought […]
Inflation in the US shows March data “better than expected” by market
Inflation in the United States moderated to 5% in the 12 months to March, a better figure than expected by the market, which has brought price rises to their lowest level in two years. Although the index is far from the objective of the US Federal Reserve (Fed, Central Bank), which seeks a 2% annual […]