Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth

ZDA. economy has declined for the second-straight quarter as the countrys gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysiss summary of the U.S. GDP follows the recent debate over the technical definition of a

US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994

ZDA. Federal Reserve raised the federal funds rate by 75 bazične točke (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed members expectations, the central bank will likely add another 1.5 percentage points by