President Joe Biden claimed that since the Congress passed the American Rescue Plan, the United States is starting to see "new signs of hope" in its economy". A majority of economic forecasters are now projecting a 6 percent growth in GDP, he said during his first formal press conference since taking office.Biden cited the fall in the number of people filing for weekly unemployment insurance by ne...
For comments and feedback contact: editorial@rttnews.com
Political News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.