Recession and Depression – Page 22 – MOSAEC

World Bank Projects Weak Global Growth Amid Rising Interest Rates

Banking and Financial Institutions China Coronavirus (2019-nCoV) Credit and Debt Developing Countries Economic Conditions and Trends Europe Inflation (Economics) Interest Rates International Trade and World Market Poverty Recession and Depression United States United States Economy World Bank

World Bank Projects Weak Global Growth Amid Rising Interest Rates

A new report projects that economic growth will slow this year and remain weak in 2024.

By Alan Rappeport

Job Openings Rose in April, Defying Cooling Trend

Federal Reserve System Hiring and Promotion Inflation (Economics) Labor and Jobs Labor Department (US) Layoffs and Job Reductions Recession and Depression Unemployment United States Economy

Job Openings Rose in April, Defying Cooling Trend

The Labor Department report may put pressure on the Federal Reserve to raise interest rates further to stem inflation.

By Talmon Joseph Smith

Consumer Spending Rose More Than Expected in April

Commerce Department Consumer Behavior Federal Reserve System Income Inflation (Economics) Labor and Jobs Prices (Fares, Fees and Rates) Recession and Depression United States Economy

Consumer Spending Rose More Than Expected in April

New data on spending and income suggest that the economy remains robust despite the Federal Reserve’s interest rate increases.

By Ben Casselman

German Economy Slipped Into Recession in First Quarter

Economic Conditions and Trends Europe Germany Inflation (Economics) Recession and Depression Wages and Salaries

German Economy Slipped Into Recession in First Quarter

Consumer spending and exports fell in the first three months of this year, adding to a slump in late 2022 in Europe’s largest economy.

By Melissa Eddy