CBS News: U.S. economy set to bounce back, but it’ll be a long haul

CBS News: U.S. economy set to bounce back, but it’ll be a long haul

September 23, 2021 Comments Off on CBS News: U.S. economy set to bounce back, but it’ll be a long haul By admin

A new report from the Federal Reserve says the U.N. refugee and migrant relief agency will have to continue to focus on delivering aid to those most in need as the economy begins to rebound.

The report was released on Monday and comes after the White House said President Donald Trump had signed an executive order Monday night that temporarily bans people from seven predominantly Muslim nations from entering the United States.

The order also bars people from Syria, Iraq, Iran, Sudan, Libya, Somalia and Yemen from entering.

But it also applies to refugees.

The economic recovery has been slow and uneven, and many U.s. companies have been struggling.

On Tuesday, the U’s economy grew at a 1.5 percent annualized rate, and the unemployment rate hit a record 5.5%, according to the Commerce Department.

But economists have questioned how long the recovery will last and whether it will be sustained.

“While we remain confident in the current recovery, it is difficult to see how sustained economic growth will be maintained indefinitely in a challenging global environment,” said the report.

The U.K. economy is also slowing, but economists are still forecasting the country’s economy will grow 1.3 percent in the second quarter.

The unemployment rate is 5.4%.

In contrast, the United Nations refugee agency said on Monday that its refugee intake grew by 1.9 percent in September.

U.A.E. refugee numbers are expected to grow at an annual rate of 2.3 million people this year, up from the 2.1 million projected in June, according to U.M.F. The agency said it will help some 7.4 million people.

In its report, the Federal Open Market Committee said the economy is expected to expand at a 2.5% annual rate through 2021.

But the committee said that “there is little reason to believe that this will be a sustained recovery in the near term.”

U.C.F., a government watchdog group, has said the U,S.

and the world economy have become increasingly vulnerable to the threat of climate change, with temperatures forecast to rise by 2 degrees Celsius by the end of the century.

The Trump administration has pledged to withdraw from the Paris climate agreement and cut greenhouse gas emissions.