WASHINGTON U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States. | Video
WASHINGTON, Aug 18 White House officials pushed
back on Sunday against concerns that economic growth may be
faltering, saying they saw little risk of recession despite a
volatile week on global bond markets, and insisting their trade
war with China was doing no damage to the United States.
WASHINGTON A flurry of interest rate cuts by the U.S. Federal Reserve and a host of other central banks marks the broadest shift in global monetary policy since the depths of the financial crisis in 2009, analysts at Fitch Ratings said in a report on Friday.
WASHINGTON It takes a lot to kill an economic expansion, typically requiring a major shock to bring growth to a halt and trigger a U.S. recession.
WASHINGTON It has become a jarring and frequent contradiction. President Donald Trump blames the Federal Reserve for putting the U.S. economy at risk while data shows an economy in "reasonably good" shape, as the head of the central bank recently said.
SETAUKET, New York From her home overlooking Setauket Harbor on Long Island's North Shore, a motorboat bobbing at the dock, Stephanie Kelton hopes to revolutionize how the U.S. government manages the economy. | Video
WASHINGTON After the U.S. central bank reshaped monetary policy around global trade volatility, a Federal Reserve official offered a message to the White House on Tuesday: Don't expect more rate cuts every time trade policy threats or announcements send markets into a tailspin.