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US Economy Grew at 2.6% Annual Rate in Q3, GDP Report Shows
Posted inCommerce Department Consumer Behavior Factories and Manufacturing Federal Reserve System Gross Domestic Product Inflation (Economics) Interest Rates International Trade and World Market Recession and Depression United States Economy

US Economy Grew at 2.6% Annual Rate in Q3, GDP Report Shows

Gross domestic product increased 0.6 percent after two quarters of decline, but key components continue to show an economic slowdown.
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Posted by By Ben Casselman
Biden Hopes to Amplify Contrast With Republicans on Economic Policy
Posted inBiden, Joseph R Jr Inflation (Economics) Inflation Reduction Act of 2022 Infrastructure Investment and Jobs Act (2021) Micron Technology Inc Midterm Elections (2022) Republican Party Syracuse (NY) United States Economy

Biden Hopes to Amplify Contrast With Republicans on Economic Policy

Visiting Syracuse, N.Y., which has benefited from recent legislation, the president will point to his administration’s efforts to lower costs for families.
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Posted by By Jim Tankersley
European Central Bank Is Set to Raise Interest Rates Again
Posted inBanking and Financial Institutions Credit and Debt Europe European Central Bank Eurozone Inflation (Economics) Interest Rates Lagarde, Christine

European Central Bank Is Set to Raise Interest Rates Again

Policymakers on Thursday are expected to approve a hefty rate increase to corral prices that have risen “far too high.”
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Posted by By Eshe Nelson
Rishi Sunak, New UK Prime Minister, Delays Economic Plan
Posted inBank of England Banking and Financial Institutions Government Bonds Great Britain Hunt, Jeremy Inflation (Economics) Interest Rates Sunak, Rishi (1980- )

Rishi Sunak, New UK Prime Minister, Delays Economic Plan

Mr. Sunak’s government, seeking more time to make the “right decisions,” will deliver its first economic plan on Nov. 17 instead of Monday.
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Posted by By Eshe Nelson

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