The White House has embraced signs that the economy is strong. For the Fed, that strength could prolong its fight against inflation.
Tag: United States Economy
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U.S. Trade Deficit Surged in 2022
The widening gap between what the United States imports and what it exports was driven by strong growth in foreign goods coming into the country.
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Immigration Rebound Eases Shortage of Workers, Up to a Point
While the Biden administration has accelerated processing after Trump-era restrictions and a pandemic slowdown, visa backlogs remain large.
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Biden’s State of the Union Address Holds a Chance for a Fresh Start
The president plans to use his first State of the Union address since Republicans took control of the House to call for bipartisan cooperation. Neither he nor many others expect that to happen.