Economic Indicators

U.S. recession a growing fear as Fed plans to keep rates high

Central bank will either “break inflation” or “break the economy''

By Paul Wiseman, The Associated Press |December 16, 2022

4 min read

U.S. retail sales drop as holiday shopping season begins

Many Americans are digging into their savings to maintain the same level of spending

By Anne D'innocenzio and Christopher Rugaber, The Associated Press |December 15, 2022

3 min read

ECB joins Fed in easing pace of rate hikes

The Bank of England and Swiss National Bank also dialed back their increases

By David Mchugh, The Associated Press |December 15, 2022

3 min read

U.K. inflation eases, remains close to 40 year high

At 10.7%, British inflation higher than 7.1% in U.S.

By Danica Kirka, The Associated Press |December 14, 2022

2 min read