Economic Consumer confidence dipped again in April as anxiety over a slowing economy and possible recession weighed on American households. While we can debate the causes and consequences of current inflation, there is little doubt the solution lies with the Federal Reserve and its Chairman Jerome Powell. WebWhen people are searching the web for current events summaries they can trust, they almost always end up on Infoplease.com. Macroeconomics After rebounding to an estimated 5.5 percent in 2021, global growth is expected to decelerate markedly in 2022to 4.1 percent, reflecting continued COVID-19 flare-ups, diminished fiscal support, and lingering supply bottlenecks. WebArticle Recommendations The New York Times in Education Back Microeconomics Article Recommendations NYT article recommendations are based on keywords related to your discipline. Although the Fed continues to view inflation as being the byproduct of excess demand and supply disruptions, such discussion does not point to a solution. G.D.P. Current events quiz bowls are an excellent way for students to test their knowledge about current events. Create a free account and access your personalized content collection with our latest publications and analyses. View captivating images and news briefs about critical government decisions, medical discoveries, technology breakthroughs and more. The U.S. current-account deficit narrowed by $12.2 billion, or 5.6 percent, to $206.8 billion in the fourth quarter of 2022, according to statistics released today by the U.S. Bureau of Economic Analysis. Although output and investment in advanced economies are projected to return to pre-pandemic trends next