Fed's Powell says economy strong, but dot plot shows big jump in growth pessimism
Federal Reserve chair Jerome Powell boosted market sentiment this week by suggesting that any impact of U.S. President Donald ...
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CHART OF THE DAY: Without Government Spending, GDP Growth Would Have Been Less Than Half Of What It Was
The latest revision for U.S. Q2 GDP came in at 1.6%, which was higher than the 1.3% reading expected by consensus, but well below the 2.4% value previously reported by the government. Thing is ...
Is a US recession coming? 7 charts that show the plight of the American economy
Concerns over the US economy heading towards a recession are rising! A recent SBI Research report shows that the long term US GDP growth shows a declining trend. The economic uncertainty looms large, ...