Tue, 21-Oct-2025

Fed convenes to launch new salvo against record US inflation

Fed convenes

The US important bank opened its coverage meeting Tuesday, that’s predicted to produce a huge rate hike as policymakers go at the attack against document-high inflation. Following a quarter-factor increase in the benchmark lending rate in March, Federal Reserve Chair Jerome Powell and different critical bankers have stated a half-factor increase may be introduced whilst … Read more

Omicron spoiling US holiday economic comeback

Omicron

WASHINGTON: Holiday events have been scrapped in droves, thousands of flights canceled, cruises are now off limits: the Omicron variant has wreaked havoc in the United States, and the New Year could see more issues exacerbating the worker shortage and price increases. “We are starting to see some initial signs that Omicron is having an impact … Read more