Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts
WASHINGTON (news agencies) — Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, ...
Tag: Federal Reserve System
US retail sales plunged along with temperatures in January after a bustling holiday season
WASHINGTON (news agencies) — U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors, ...
The latest inflation report shows that high prices are Trump’s major economic challenge
WASHINGTON (news agencies) — As a candidate last year, Donald Trump suggested he could easily conquer inflation and ease voters’ ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (news agencies) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates ...
US inflation worsened last month with prices for groceries and gasoline heading higher
WASHINGTON (news agencies) — U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
WASHINGTON (news agencies) — The odds of further interest rate cuts this year by the Federal Reserve dwindled last week ...
US employers added just 143,000 jobs last month, jobless rate falls to 4%
WASHINGTON (news agencies) — U.S. employers added just 143,000 jobs last month, but the unemployment rate fell to 4% to ...
Former Federal Reserve adviser indicted and arrested for alleged espionage in dealings with China
Federal authorities have arrested a former Federal Reserve senior adviser for allegedly giving inside economic information to China.A grand jury ...
Stock market today: Wall Street surrenders gains after White House confirms Trump tariff move
Stocks on Wall Street surrendered early gains and closed broadly lower Friday after the White House said President Donald Trump ...
U.S. economy grows solid 2.3% in October-December on eve of Trump return to White House, 2.8% in ’24
WASHINGTON (news agencies) — A humming American economy ended 2024 on a solid note with consumer spending continuing to drive ...
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United Arab Emirates Dirham Exchange RateLatest News
UAE confirms oil spill off UAQ beaches as cause for smell reported in several emirates
The odours 'pose no health risk' to residents, the ministry confirmed; beaches and coastal areas in the emirate have been...
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