Tag: Federal Reserve
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Fed in no hurry for rate cuts: Jerome Powell hints no change in US central bank’s policy stance
Federal Reserve Chair Jerome Powell announced that the US central bank will be keeping its interest rates unchanged for now, citing inflation...
US economy grew at a solid 2.8% pace last quarter on strength of consumer spending
WASHINGTON: The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the...
US job growth lower than estimated by 818,000, reveals revised data
NEW DELHI: US job growth over the past year was notably weaker than previously reported, according to new data released by Bureau of Labor...
