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US economy
Latest news updates related to the US economy.
Former Fed Chairman Jerome Powell speaks out in defense of the independence of the US central bank.
Recently, former Federal Reserve Chairman Jerome Powell delivered a strong speech defending the need to maintain the independence and credibility of the central bank, in...
International
New Fed Chairman Kevin Warsh and his mission to reshape the American economy.
The U.S. Senate has confirmed Kevin Warsh as Chairman of the Federal Reserve (Fed) with a vote of 54-45, the closest confirmation ever. The new Captain...
Kevin Warsh takes office as Fed Chairman: Commitment to reform and prioritizing price stability.
Kevin Warsh officially became the 11th Chairman of the Federal Reserve in a swearing-in ceremony at the White House on May 22nd. The new leader pledged to control inflation and reform the central bank's operations...
Boeing confirms agreement to sell 200 aircraft to China.
During US President Donald Trump's visit to Beijing, the American aerospace giant Boeing officially confirmed a commitment from China to purchase 200 commercial aircraft. The agreement...
Federal Reserve Chairman Jerome Powell concludes his turbulent term with a solid position.
On April 29, Federal Reserve Chairman Jerome Powell is expected to hold his final press conference as head of the agency.
With persistent US inflation at 2.8%, the Fed is unlikely to lower interest rates in 2026.
Core PCE growth remained at 3% while Q4 2025 GDP growth was revised down to 0.5%. Pressure from oil prices and the risk of stagflation are making the Fed cautious about its monetary easing roadmap...
The US labor market added 178,000 jobs, making it difficult for the Fed to lower interest rates in 2026.
The US Department of Labor's March report showed that the number of new jobs exceeded expectations by 59,000, causing odds of the Fed keeping interest rates unchanged to surge to 77.5%.
Interest rates on home loans in the US rose to 6.46% due to the impact of the war in Iran.
April 4, 2026 08:35
The 30-year fixed-rate mortgage rate in the US rose for the fifth consecutive week to 6.46%, putting pressure on the real estate market as oil prices and bond yields climb.
World oil prices rose on March 20th: Brent crude reached $110.32 as maritime security was tightened.
March 20, 2026 18:30
Brent crude oil prices rose to $1.67 amid efforts by nations to protect the Strait of Hormuz, and as the US outlined a plan to increase supply from its strategic reserves.
Silver prices fell for the second consecutive week, with domestic silver bullion prices dropping to 81.7 million VND/kg.
March 17, 2026 06:58
Global and domestic silver prices weakened simultaneously under pressure from a strong US dollar and disappointing US economic data, with a recorded decline of approximately 4.5% over the past week.
Fed officials are cautious about cutting interest rates when inflation is at 3%.
February 25, 2026 14:01
Many Federal Reserve officials have emphasized the need to pause the interest rate cut trajectory until inflation actually falls back to the 2% target.
President Trump increased global tariffs to a maximum of 15%.
February 22, 2026 09:36
Immediately after the US Supreme Court rejected the previous tariff program, President Donald Trump announced an increase in global import tariffs to 15% – the maximum allowed under a law...
The Fed kept interest rates unchanged at 3.5-3.75%, fearing inflation would fall more slowly than expected.
February 19, 2026 16:02
The FOMC meeting minutes show that Fed officials warned of the risk of inflation remaining above 2% longer than expected, while the US labor market showed signs of stabilizing.
US inflation in January is forecast to rise 0.3% due to the effects of price adjustments made earlier in the year.
February 14, 2026 08:33
The US CPI is likely to maintain its upward trend in January as businesses implement new pricing structures and shift the burden of tariffs to consumers, reinforcing the path toward keeping interest rates low...
The Fed may keep interest rates unchanged after the US adds 130,000 jobs in January 2026.
February 13, 2026 13:29
The US labor market started 2026 on a stronger-than-expected note with 130,000 new jobs, bolstering the Fed's ability to maintain interest rates at 3.50%-3.75% to control inflation.
The US budget deficit is projected to reach $1.853 trillion in 2026, with public debt rising to 120% of GDP.
February 13, 2026 09:05
The U.S. Congressional Budget Office (CBO) forecasts that the budget deficit will remain at record highs for the next decade, placing significant pressure on long-term fiscal goals.
The US labor market unexpectedly accelerated, with the unemployment rate falling to 4.3%.
February 12, 2026 11:01
The January 2026 report showed that US non-farm payrolls increased by 130,000 jobs, creating room for the Fed to maintain interest rates amid signs of economic stabilization.
Foreign Minister Lavrov: There is no 'rosy future' in US-Russia economic relations.
February 9, 2026 19:08
Russian Foreign Minister Lavrov stated: Moscow does not see a bright future in the area of economic relations with the United States.
US consumer confidence rose to 57.3 points in February 2026.
February 9, 2026 18:03
The US consumer confidence index for February 2026 exceeded expert forecasts, reaching its highest level since August 2025 despite cost pressures.
China recommends that commercial banks reduce their holdings of US Treasury bonds.
February 9, 2026 17:31
Chinese financial authorities have instructed credit institutions to limit purchases and gradually reduce their holdings of US government bonds in order to diversify market risks.
The Fed kept interest rates unchanged at 3.5-3.75%, optimistic about the US economic outlook.
January 29, 2026 07:44
The US Federal Reserve (Fed) decided to keep interest rates stable amid positive GDP growth, while signaling a temporary pause in its monetary easing program until at least mid-2000.
Gold prices today, January 16th: Gold bars and gold rings drop sharply by 1.3 million VND/ounce.
January 16, 2026 07:13
The domestic gold market reversed sharply downwards after a period of rapid increases, with both gold bars and rings plummeting as global prices faced profit-taking pressure from US economic data.
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