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US interest rate rises coming? Economics news to read this week
This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: US signals larger interest rate rises; China sets low economic growth target as it seeks ‘stability’; Japan narrowly avoids recession. 1. Larger interest rate rises may be on the way, US Fed indicates The US Federal Reserve will likely need to raise interest rates more than expected in response to recent strong economic data, Chair Jerome Powell says. He also told the Senate Banking Committee that the Fed is prepared to move in larger steps if the “totality” of incoming information suggests tougher measures are needed to control inflation. Some of this…
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Where is the global economy heading in 2023? Plus other economics stories you need to read this week
1. In which is the world economy heading in 2023?The 12 months ahead looks better than at first feared for the world-wide financial system, but stays fraught with pitfalls, which includes the opportunity escalation of the war in Ukraine and the emergence of a transatlantic trade war, the last panel at the Globe Economic Forum’s Yearly Assembly in Davos concluded. Global Financial Fund (IMF) Handling Director Kristalina Georgieva told Davos that what experienced improved was the possible for China to enhance growth, but she warned: “We have to be cautious”. World advancement is continue to expected to sluggish to a person of its most affordable prices in current a long…
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Blind people still get medical bills they can’t read : Shots
Lucy Greco (left), a web-accessibility specialist at the University of California, Berkeley, is blind. She reads most of her documents online, but employs Liza Schlosser-Olroyd as an aide to sort through her paper mail every other month, to make sure Greco hasn’t missed a bill or other important correspondence. Shelby Knowles for KHN hide caption toggle caption Shelby Knowles for KHN Lucy Greco (left), a web-accessibility specialist at the University of California, Berkeley, is blind. She reads most of her documents online, but employs Liza Schlosser-Olroyd as an aide to sort through her paper mail every other month, to make sure Greco hasn’t missed a bill or other important correspondence.…