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Steady GDP growth sets US apart from peer countries

Feb 28, 2024
The U.S. economy has been growing at a steady clip while many others are faltering.
Despite interest rate hikes to combat inflation, the U.S. economy has grown for six quarters in a row.
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U.S. economy among the few bright spots at World Bank/IMF annual meeting

Oct 10, 2023
The meetings are being held in Morocco, still struggling to recover from a severe earthquake just a month ago. The contrast with the U.S. could not be more stark. The IMF says the U.S. is the only major economy where output has returned to pre-pandemic levels.
In its latest World Economic Outlook, the International Monetary Fund raised its forecast for U.S. economic growth.
Mandel Ngan/AFP via Getty Images

As Title 42 ends, the strong U.S. economy is a major draw for migrants

May 11, 2023
Available jobs and better wages are helping shape the immigration patterns of people leaving their home countries for safer conditions.
Immigrants seeking asylum line up in Yuma, Arizona, on May 11. An increasing number of migrants are arriving at the U.S.-Mexico border as Title 42 expires.
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Why pessimism about the U.S. economy might overshadow a longer-term success story

Zanny Minton Beddoes, editor-in-chief of The Economist, explains why the U.S. economy may be stronger than it looks.
Zanny Minton Beddoes, editor of The Economist, said that the U.S. economy has outperformed other rich economies despite economic pessimism among Americans.
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The global economy proves stronger than expected, which is good news for the U.S.

Feb 6, 2023
Europe's having a pretty good winter, and other parts of the world aren't doing too badly, either.
The global economy slowed markedly in 2022, and it's expected to weaken further this year. But some patches of the globe are performing better than expected.
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Are the U.S. and China on the path to economic decoupling?

Aug 18, 2021
U.S. investors are racing for the exits when it comes to investing in Chinese companies following a crackdown by Chinese regulators.
The regulatory crackdown in China has widened the gulf between the U.S. and Chinese economic systems. Some see a "bipolar" world taking shape.
Ng Han Guan/AFP via Getty Images

U.S. GDP grew 6.4% in first quarter

Apr 29, 2021
Economic growth in the current April-June period is expected to be faster still.
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What does inflation look like?

Feb 23, 2021
Inflation’s been hard to find in this economy for years, but what if that changes?
At 2% inflation, the Federal Reserve's target rate, it takes about 35 years for prices to double.
Photo by Joe Raedle/Getty Images

Fed plans to keep interest rates near zero through 2023. What else can it do for the economy?

Fed Chair Jerome Powell said another relief package from Congress will likely be needed.
The Fed can't make grants. That's Congress' job. "These are lending powers, not spending powers," Fed Chair Jerome Powell said Wednesday.
Brendan Smialowski/AFP via Getty Images