Economic Conditions and Trends – Page 131

European Natural Gas Price Falls to Lowest Level Since 2021

Europe may have avoided the worst-case economic scenario envisioned after the invasion of Ukraine, thanks to a dramatic drop in energy prices.

By Bernhard Warner

Congressional Budget Office Economic Conditions and Trends National Debt (US) Treasury Department United States Politics and Government

U.S. Could Default on Its Debt Between July and September, C.B.O. Says

The nonpartisan budget office also said that if tax receipts fall short of projections, and Congress fails to act on the debt limit, the U.S. could run out of cash before July.

By Alan Rappeport

Bank of England Economic Conditions and Trends Great Britain Inflation (Economics)

U.K. Inflation Eases to 10.1 Percent, but Food Prices Push Higher

January was the third month of declines in the inflation rate, but the double-digit increase shows Britain’s cost-of-living crisis persisting.

By Eshe Nelson

Coronavirus (2019-nCoV) Economic Conditions and Trends Japan

Packed With Tourists, Japan Returns to Economic Growth

The modest expansion in the fourth quarter of 2022 was driven by a recovery in private consumption, as well as spending by visitors.

By Ben Dooley and Hisako Ueno