U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on July 26, 2023. (Photo by Aaron Schwartz/Xinhua)
The rising interest rate has lowered dema
Tag: Fed
Americans brace as Fed hikes rates: The Hill
NEW YORK, July 27 (Xinhua) — The U.S. Federal Reserve on Wednesday punched interest rates to their highest level in 22 years, its eleventh escalation since March 2022, and Americans are feeling the h
U.S. stocks close lower as investors weigh Fed\’s next move
NEW YORK, June 16 (Xinhua) — U.S. stocks ended lower on Friday as investors weighed the path of monetary policy tightening by the Federal Reserve and the sustainability of the recent bull market.
The
Inflation erodes U.S. households\’ financial security: Fed report
LONDON, May 23 (Xinhua) — Consistently high inflation has eroded the U.S. households\’ sense of financial security, showed a newly published Federal Reserve (Fed) report on economic well-being of hous
Even China not convinced it can replace U.S.: NYT
NEW YORK, May 8 (Xinhua) — There\’s a hardening view in Washington that China seeks to supplant the United States as the leading world power and remake the international system in its illiberal image,
Abuse of hegemony is why de-dollarization is trending
Market expectations for the Federal Reserve to end interest rate hikes have picked up as core inflation data in the United States has dropped and the University of Michigan\’s consumer confidence index
U.S. second-largest reservoir sees higher water level since historic low
PAGE, ARIZONA, April 4 (Xinhua) — Lake Powell, the second-largest reservoir in the United States, has seen slight rise in water level after hitting its lowest since its first filling in the 1960s.
La
Hot U.S. inflation data puts pressure on Fed to raise rates: FT
LONDON, March 7 (Xinhua) — Recent data show that inflation in the United States runs hotter than expected and will put pressure on the U.S. Federal Reserve to further raise interest rates, the Financ