US economy shrinking at start of 2022 is 'shocking': Harvard economist

France Nouvelles Nouvelles

US economy shrinking at start of 2022 is 'shocking': Harvard economist
France Dernières Nouvelles,France Actualités
  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Harvard University professor Kenneth Rogoff said that a contraction in the U.S. economy in the first quarter is “shocking.”

Bank of America CEO Brian Moynihan speaks with 'Mornings with Maria' in an exclusive interview about the 'dynamics' in the economy.

Ken Rogoff told Maria Bartiromo that there is a 50/50 chance of a U.S. recession on the heels of the latest GDP report. Rogoff noted that the economy is "a growth story, but it’s deteriorating, and the question is, how far?"

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

FoxBusiness /  🏆 458. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

2 Houston high schools lead the report card among best in US for 20222 Houston high schools lead the report card among best in US for 2022Two Houston high schools are at the head of their class when it comes to the best public high schools in the U.S.
Lire la suite »

Biden 'not concerned' about recession after US economy shrinks in first quarter of 2022Biden 'not concerned' about recession after US economy shrinks in first quarter of 2022President Biden on Thursday said he is “not concerned” about recession in the immediate future, just hours after the Commerce Department announced that the U.S. economy shrank 1.4% at the beginning of 2022—marking the worst quarter in two years.
Lire la suite »

US economy shrank 1.4% at beginning of 2022, marking worst quarter in 2 yearsUS economy shrank 1.4% at beginning of 2022, marking worst quarter in 2 yearsThe U.S. economy cooled markedly in the first three months of the year, as snarled supply chains, record-high inflation and labor shortages weighed on growth and slowed the pandemic recovery.
Lire la suite »

US Dollar (DXY) Probes a New 20-Year High, US Q1 GDP May DisappointUS Dollar (DXY) Probes a New 20-Year High, US Q1 GDP May DisappointThe US dollar basket (DXY) has been boosted by renewed weakness in the Euro and the Japanese Yen. Get your market update from nickcawley1 here:
Lire la suite »

Cuyahoga County ranks low for health outcomes, according to 2022 Robert Wood Johnson report on U.S. countiesCuyahoga County ranks low for health outcomes, according to 2022 Robert Wood Johnson report on U.S. countiesCuyahoga and Ashtabula counties are among the least healthy Ohio counties for health outcomes, according to the Robert Wood Johnson Foundation’s 2022 County Health Rankings National Findings Report.
Lire la suite »

Trade Shock: U.S. Trade Deficit in Goods Jumps 17.8% to Record $125.3 billionTrade Shock: U.S. Trade Deficit in Goods Jumps 17.8% to Record $125.3 billionAfter a record high in February, economists through the trade deficit in goods would shrink. Instead, it rose to a new record high in March. | Economy
Lire la suite »



Render Time: 2025-04-07 20:35:56