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Tag: U.S. Federal Reserve

US Import Prices Drop in Hopes of Easing Inflation
WASHINGTON, United States — U.S. import prices fell for a fifth straight month in November, pulled down...
Goldman Hikes Third-Quarter GDP Growth Estimate to 1.9%
NEW YORK (Reuters) — Global investment firm Goldman Sachs boosted its third-quarter GDP growth estimate...
Fed Officials Stare Down Markets, Say Inflation is Top Focus
WASHINGTON (Reuters) — U.S. Federal Reserve officials on Monday, Sept. 26 sloughed off rising volatility...
China’s Evergrande has paid off interest on bonds that were due in October.
Chinese Real Estate Giant Evergrande Narrowly Avoids Another Default
China Evergrande Group, the world’s most indebted property developer, has managed to avert yet another...
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Fed Warns of American Consequences for China’s Real Estate Crisis
China’s real estate crisis, triggered by several property companies being unable to service their debts...
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COVID-19 Crisis Fans Inflation of Food Prices, Rent, and Fuel
Consumer prices rose 8.6 percent last year induced by skyrocketing energy tariffs that are further hampering...