Catarina Saraiva

Government, Business

Fed Signals Rates Will Stay Near Zero for at Least Three Years

The Marriner S. Eccles Federal Reserve building stands in Washington on Aug. 18. The Marriner S. Eccles Federal Reserve building stands in Washington on Aug. 18. (Erin Scott/Bloomberg News)

The Federal Reserve left interest rates near zero and signaled it would hold them there through at least 2023 to help the U.S. economy recover from the coronavirus pandemic.

Catarina Saraiva | Bloomberg News
September 16, 2020
Government, Business

Fed Survey Shows Tepid Recovery in Early July

Shoppers walk through a mall in Syracuse, N.Y., on July 10. Shoppers walk through a mall in Syracuse, N.Y., on July 10. (Maranie Staab/Bloomberg News)

Optimism about a nascent recovery in the U.S. economy was dampened by increased uncertainty over the path of the coronavirus, according to a new report from the Federal Reserve.

Catarina Saraiva | Bloomberg News
July 15, 2020
Government, Business

Chance of US Recession Rises to 35% Among Economists Surveyed

A board above the floor of the New York Stock Exchange President Donald Trump last week announced new tariffs on imported Chinese goods, to take effect Sept. 1, causing steep declines in global stock markets. (Associated Press/Richard Drew)

The likelihood of a U.S. recession in the next 12 months rose to 35% in an August survey of economists, from 31% forecast previously, as global trade tensions fuel economic uncertainty.

Catarina Saraiva | Bloomberg News
August 8, 2019
Business

A US Recession Just Got a Little More Likely

Diueine Monteiro/Flickr

A delayed Federal Reserve rate hike, turmoil in global equity markets ... and now increased expectations for a downturn in the United States.

Catarina Saraiva | Bloomberg News
October 9, 2015