Tag: interest rates
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Donald Trump says he won’t fire ‘total stiff’ Fed chair Jerome Powell before term ends in 2026
Donald Trump says he won't fire Fed chair Jerome Powell (File photo) US President Donald Trump announced on Sunday that he will not...
‘Wait for greater clarity’: US Federal Reserve to hold off altering interest rates
The US federal reserve will hold off on making any changes to interest rates as it waits for clearer signs on President...
European central bank cuts interest rates amid looming trade war, growth concern
European Central Bank (Photo-AP) The European central bank (ECB) reduced interest rates by 25 basis point on Thursday, aiming to stimulate economic activity...
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...
