Tag: consumer spending
US Economy Headed for Soft Landing: Bank of America CEO
NEW YORK — Bank of America CEO Brian Moynihan said on Wednesday, Nov. 8 that he expects a soft landing...
As Biden Touts Economic Successes, Experts Recommend Caution
While recession fears are waning and consumer spending saw a respectable uptick in July, experts are...
Wall Street Braces for a Recession Amid Dwindling Consumer Spending
NEW YORK, United States — Compounded by concerns of a looming global recession, U.S. stock indexes rallied...
Japan Sees Spending Growth Despite Looming Inflation
Japan's household spending grew for a second straight month in July despite a resurgence in COVID-19...
The Fed Keeps Interest Rates Near Zero, Strong Economic Growth Ahead
The U.S. Federal Reserve declared on March 17 that it would keep interest rates at 0.25 percent since...