Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Source: Qatar and Egypt encouraged Hamas to accept the American offer in exchange for an implicit pledge from Washington to play an efficient role in ending the war
Source: In late April, communication resumed, and US-Palestinian Bashara Bahbah, originally from occupied al-Quds, engaged in the communications
Source: "Israel" refused to cooperate with all the outputs of these talks
Source: Trump was seeking to complete the deal before the State of the Union address, but "Israel's" interference and its massive attack on Boehler complicated and foiled the deal
Source: Washington demanded the release of the American captive in exchange for pressure to stop the war, but Hamas insisted on the release of 250 Palestinian prisoners
Source: After the meeting between Boehler and Hamas leaders, a meeting took place between Boehler and Khalil al-Hayya in the presence of Bashar al-Masri
Source: After the discussions, a meeting was arranged between Boehler and Hamas leaders, including Basem Naim, Osama Hamdan, and Taher al-Nounou
Source: The godfather of this approach is Boehler's friend, Palestinian businessman Bashar al-Masri
Source: The discussion also focused on Hamas's view of Washington's role and its vision for ending the war
Source: The discussion focused on Hamas' thought process and how to convince it to release Idan Alexander

Demand exceeds supply in US: NY Fed President

  • By Al Mayadeen English
  • Source: Agencies
  • 17 May 2022 16:39
2 Min Read

New York Fed President John Williams stated that demand greatly outstrips supply in the US economy.

  • x
  • Demand exceeds supply in US economy.
    Demand exceeds supply in the US economy.

Demand outnumbers supply in many sectors of the US economy, including labor for housing, complicating the work of combating inflation, according to New York Federal Reserve Bank President John Williams on Monday.

“We're seeing inflation in a broad set of goods. Demand is far outweighing supply. Without price stability, you're not going to achieve the growth and employment opportunities you would otherwise,” Williams said in a live-streamed event.

Read next: US companies have few days supply of semiconductors: US govt

 

Williams said the labor market had “a massive amount of job openings” and on the housing side there were “high rents as well as high home prices.”

According to the government's Job Openings And Labor Turnover Summary, released earlier this month, US job openings reached a record high of 11.5 million at the end of March, as vacancies continued to outstrip hires in a labor market that remained decisively in favor of employees.

Related News

US, Saudi Arabia sign landmark $600bln investment agreement

Hamas' Hamad-US-Palest. Bahbah talks led to Alexander's release: Excl.

Real estate 

Freddie Mac, the national mortgage finance organization, also stated earlier this month that an increase in mortgage rates, along with record-high prices for existing homes, has made homeownership in the United States the most expensive in a generation.

Housing and real estate are crucial components of the US economy, with around 65 percent of occupied housing units being owner-occupied, making homes a significant source of household wealth and home construction a key source of employment.

During the 2008-2009 financial crisis, a housing market slump prompted what became known as the Great Recession.

Real interest rates 

Real interest rates are inflation-adjusted rates that reflect the borrower's real cost of funds and the lender's real yield.

For example, if the Federal Reserve's benchmark interest rate is four percent and a US bank lends at ten percent instead, the actual interest rate is six percent.

Following a 3.5 percent contraction in 2020 due to disruptions caused by coronavirus pandemic precautions, the US economy expanded by 5.7 percent in 2021, the fastest rate since 1982.

Inflation, on the other hand, has accelerated.

Read next: Polls show confidence in US economy dropping
  • United States
  • economy
  • US economy
  • inflation

Most Read

Trump cut off contact with Netanyahu, senior Israeli official says

Trump cut off contact with Netanyahu: Israeli media

  • US & Canada
  • 9 May 2025
Pakistan downs an Indian jet and hits a military base in Kashmir escalation.

Pakistan downs 3 Indian jets, hits military base in Kashmir escalation

  • Politics
  • 7 May 2025
A Yemeni gunman walks past paintings depicting rockets and scenes in solidarity with Gaza, displayed on a roadside fence in Sanaa, Yemen, Monday, May 5, 2025 (AP)

Oman brokers US-Yemen ceasefire, Israelis in dark regarding deal

  • Politics
  • 6 May 2025
Saree

Yemeni Armed Forces target key Israeli sites, USS Truman

  • MENA
  • 7 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
US President Donald Trump and Saudi Crown Prince Mohammed bin Salman greet delegations during an arrival ceremony at the Royal Palace in Riyadh, Saudi Arabia, May 13, 2025 (AP/Alex Brandon)
MENA

Trump pushing AI chip deals in Saudi, UAE trip

Raed Zaharna, right, and his sister Sally sit in their family tent after their mother, Ward, returned empty-handed from trying to receive donated food at a community kitchen in Khan Younis, in the southern Gaza Strip, May 9, 2025 (AP/Abdel Kareem Hana)
MENA

Gaza hunger crisis: Medecins du Monde condemns 'Israel'

FILE - This combo shows Iranian Foreign Minister Abbas Araghchi, left, pictured in Tehran, Iran, on Feb. 25, 2025 and Steve Witkoff, right, White House special envoy, pictured in Washington, on March 19, 2025. (AP Photos Stringer, Mark Schiefelbein)
Politics

Poll: Americans overwhelmingly prefer diplomacy with Iran

A person rides past the Google sign outside the Google offices in Sunnyvale, California, April 18, 2024 (AP/Terry Chea)
Technology

Google signed off on Project Nimbus despite warnings of misuse

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS