mosaec

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

Commerce 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.

By Ben Casselman

European Central Bank Is Set to Raise Interest Rates Again

Banking 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.”

By Eshe Nelson

A Rising Dollar Is Hurting Other Currencies. Central Banks are Stepping In.

Bank of England Bank of India Bank of Japan Banking and Financial Institutions Currency Economic Conditions and Trends Federal Reserve System Government Bonds Interest Rates International Trade and World Market Reserve Bank of India Setser, Brad W US Dollar (Currency)

A Rising Dollar Is Hurting Other Currencies. Central Banks are Stepping In.

The Federal Reserve’s interest rate hikes are unsettling global markets and prompting other central banks to prop up their domestic currencies.

By Joe Rennison and Jeanna Smialek

Rishi Sunak, New UK Prime Minister, Delays Economic Plan

Bank 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.

By Eshe Nelson