As the European Central Bank prepares to raise interest rates for the first time in more than a decade, the challenges for one of the bloc’s largest economies balloon again.
Tag: Recession and Depression
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Biden Seeks Price Cap on Russian Oil Amid Fears of Gas Shock
Negotiating and selling the plan is a crucial task facing Treasury Secretary Janet L. Yellen as she travels to Asia in hopes of averting $7 a gallon gasoline
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U.S. Economy Added 372,000 Jobs in June, Defying Slowdown Fears
The strong Labor Department report comes as consumers and businesses express increasing concern about a downturn.
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Strong Wage and Jobs Growth Keeps Fed on Track for Big Rate Increase
The Federal Reserve is trying to cool down the economy to bring inflation under control, but the job market is still going strong.