Edition:
India

Ann Saphir

Graphic: Best of times, or the worst? A voter's guide to U.S. GDP

7:58am IST

When accountants at the federal Bureau of Economic Analysis release the latest U.S. gross domestic product report on Thursday, it may be the most fought-over piece of economic data since the measure of broad productive output came into common use in the 1940s.

GRAPHIC-Best of times, or the worst? A voter's guide to U.S. GDP

28 Oct 2020

Oct 28 When accountants at the federal Bureau of Economic Analysis release the latest U.S. gross domestic product report on Thursday, it may be the most fought-over piece of economic data since the measure of broad productive output came into common use in the 1940s.

U.S. economy's rebound sets up test of Fed's new pledge

22 Oct 2020

The stronger-than-expected U.S. economic rebound from coronavirus lows could set up an early test for the Federal Reserve's new pledge to keep interest rates near zero and its increased tolerance for inflation.

UPDATE 1-U.S. economy recovering slowly, but some sectors struggling -Fed survey

22 Oct 2020

Oct 21 The U.S. economy continued to recover at a slight to modest pace through early October as consumers bought homes and increased spending, but the picture varied greatly from sector to sector, the Federal Reserve said on Wednesday.

Fed's Brainard calls for more fiscal aid for economy

21 Oct 2020

Despite a "heartening" bounceback from the initial hit to the U.S. economy delivered by the COVID-19 pandemic, the recovery is uneven and uncertain and will require continued support to ensure it becomes broadbased and sustainable, Federal Reserve Governor Lael Brainard said on Wednesday.

Viral surge, fiscal fight may sway U.S. voters more than data

09 Oct 2020

A surge in COVID-19 cases in a number of U.S. states and roller-coaster prospects for new pandemic aid from Congress are threatening to push the importance of traditional economic data to the back burner for voters in the Nov. 3 election.

Viral surge, fiscal fight may sway U.S. voters more than data

09 Oct 2020

A surge in COVID-19 cases in a number of U.S. states and roller-coaster prospects for new pandemic aid from Congress are threatening to push the importance of traditional economic data to the back burner for voters in the Nov. 3 election.

Fed's Kaplan rejects adding to QE, eyes eventual taper

09 Oct 2020

Dallas Federal Reserve President Robert Kaplan said on Thursday he sees no need to expand the central bank's asset purchases to bolster the economic recovery and instead signalled support for winding stimulus down when the coronavirus crisis eases.

Split on applying new framework, Fed struggles over economic outlook as well

08 Oct 2020

U.S. Federal Reserve policymakers split over how to apply a new strategy for monetary policy at their September meeting, and, amid growing doubts about the path of the economy, offered no clear sense of their next steps to offset the coronavirus recession.

Fed could boost bond buys, but won't for now, policymakers say

08 Oct 2020

The Federal Reserve could ramp up its bond purchasing program to push down further on borrowing costs, but for now the U.S. economy's most pressing need is for a new round of government spending, U.S. central bankers said on Wednesday.

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