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 (BDP) 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) v sredo, 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