Economic Activity


Opinion: There Is No Miracle Cure for Inflation – Inside Sources

To say that the Federal Reserve is between a rock and a hard place is an understatement. Markets want a halt to inflation, but they don’t want a full-fledged recession or sustained drop in economic activity. Households and consumers want their dollars to stretch further and not be short-circuited by price increases in things they


Drop in US GDP challenges Biden’s pitch to voters

President Joe Biden’s upbeat message that the economy is cruising along hit a troublesome speed bump on Thursday when the federal government reported that U.S. gross domestic product shrank during the first three months of 2022. Economic activity declined at annual rate of 1.4%, a sharp reversal from last year when growth was the strongest

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