Tue, 21-Oct-2025

According to Fed, inflation will not reach the 2% objective for two years

Fed

Inflation at its highest level in 40 years has made hawks of nearly all Fed policymakers. It will take two years for inflation to fall to the central bank’s 2% target, a Cleveland Fed official said on Thursday. Mester said she was not predicting a recession despite slowing growth. Cleveland Federal Reserve Bank President Loretta … Read more

Peace restored in Afghanistan after 40 years, says Imran Khan

ISLAMABAD: Prime Minister Imran Khan on Thursday said peace had been restored in Afghanistan after 40 years despite the fact that the western powers had frozen financial assets of the country, Bol news reported. In an interview with Director of the Advisory Committee of China Institute of Fudan University Dr Eric Li, he said imposing … Read more