The US economy continues to strengthen, albeit at a slower rate because of the Delta variant of Covid, the US Federal Reserve has said. The central bank said the jobs market was improving and that currently high rates of inflation … Read more →
The US central bank expects much stronger growth this year than previously forecast, as vaccination rates rise and government relief funds start flowing into the economy. The Federal Reserve forecast average growth of 6.5% this year – up from 4.2% … Read more →
The US economy suffered its most severe contraction in more than a decade in the first quarter of the year, as the country introduced lockdowns to slow the spread of coronavirus. The world’s largest economy sank at an annual rate … Read more →