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The US economy is poised to recover this year, as a surge in household consumption and investment fuel activity. On top

Posted: Mon Apr 18, 2022 9:19 am
by answerhappygod
The US economy is poised to recover this year, as a surge in
household consumption and investment fuel activity. On top of this,
the administration of Joe Biden has recently outlined an
unprecedented amount of fiscal stimulus, which will have ripple
effects throughout the globe in both developed and emerging
markets. However, a few issues are putting pressure on this
recovery such as inflation, the high cost of oil, and geopolitical
tensions (Ukraine war among others). The US Federal Reserve
recently increased the interest rate to combat inflation.