Fed rates could go higher than expected, warns Jerome Powell

Fed rates could go higher than expected, warns Jerome Powell

The Fed’s main key rate could continue to rise above 5.1%. By Le Figaro with AFP Published on 03/07/2023 at 4:44 p.m. This content is not accessible. Jerome Powell, Fed Chairman. ELIZABETH FRANTZ / REUTERS The Fed’s main key rate, which has been climbing for a year to curb inflation, could continue to climb beyond … Read more

Joe Biden wants to cancel the debt of millions of students

Fed rates could go higher than expected, warns Jerome Powell

The United States Supreme Court, which is reviewing this landmark measure by the president, could oppose it. By Armelle Bohineust Published on 02/28/2023 at 6:48 p.m.update on 02/28/2023 at 6:54 p.m. The amounts are staggering. Nearly 43 million Americans today must repay federal loans taken out when they were students. On average, they each owe … Read more

“There are so many ideas that there are not enough hands to implement them”

“There are so many ideas that there are not enough hands to implement them”

Last year was one of the most serious tests for the Russian labor market after the COVID-19 pandemic. The launch of a special military operation, the exit of foreign companies and two waves of relocation have created unprecedented uncertainty for both workers and employers. But the Russian labor market went through these difficulties much more … Read more

the United States risks default as early as July, warns a service of the American Congress

Fed rates could go higher than expected, warns Jerome Powell

The level of arrears reached by the country prevents it from borrowing and leads it to take emergency measures to honor its financial commitments. By Le Figaro with AFP Posted on 02/15/2023 at 20:15 This content is not accessible. The Congressional Budget Service has sounded the alarm. Andrea Izzotti / stock.adobe.com The United States could … Read more

China ratifies international conventions on forced labor

China ratifies international conventions on forced labor

And yet, targeted advertising is a means of supporting the work of our editorial staff, which is committed to providing you with quality information every day. By accepting cookies, you will be able to access the free content and features offered by our site. At any time, you can change your choices via the “set … Read more

Access restrictions to the United States will be lifted on November 8 for vaccinated travelers

Access restrictions to the United States will be lifted on November 8 for vaccinated travelers

“The new United States travel policy that requires vaccination of foreign travelers to the United States will begin on November 8,” a White House spokesperson said. The precise date was expected. Fully vaccinated foreign visitors will be able to travel to the United States again from November 8, the White House announced on Friday. Read … Read more

Congress to temporarily raise US debt ceiling

Congress to temporarily raise US debt ceiling

The United States’ debt limit will be raised by $ 480 billion, allowing the country to honor its payments until December. The US House of Representatives is due to vote on Tuesday in favor of raising the US debt ceiling until December, an expected respite in an endless and stressful saga for the world’s largest … Read more

GDP growth of 6.6% in the 2nd quarter at an annualized rate

GDP growth of 6.6% in the 2nd quarter at an annualized rate

The reopening of the economy and the checks distributed by the Biden administration boosted consumption by Americans. The GDP growth of the United States amounted to 6.6% in the second quarter, on an annualized basis, a little more than initially estimated, according to the second estimate of the Commerce Department released Thursday. Read alsoUnited States: … Read more

surprise rise in weekly unemployment benefit claims

surprise rise in weekly unemployment benefit claims

Between June 27 and July 3, 373,000 people applied for benefits. Weekly claims for unemployment benefits are on the rise in the United States, contradicting analysts’ expectations and showing that the labor market remains feverish, according to data released Thursday by the Department of Labor. Read also :USA: growth in activity in services slowed more … Read more

Stress tests successful for big banks, Fed lifts restrictions

Stress tests successful for big banks, Fed lifts restrictions

Imposed a year ago, they prohibited them from carrying out share buyback programs and capped dividend payments to shareholders. The US central bank announced Thursday that major US banks have passed stress tests with flying colors, allowing restrictions imposed during the pandemic on dividend payouts and share buybacks to be lifted. Read also :Fed boss … Read more