46366
Fed Holding Rates Steady
World Economy

Fed Holding Rates Steady

The US Federal Reserve is expected to keep interest rates unchanged this week, deferring any possible increase until September or December, as policymakers hold out for more evidence of a pickup in inflation, Reuters reported. Central to the debate at the Fed’s July 26-27 policy meeting will be how to reconcile upbeat US economic data, highlighted by strong job gains in June, with a global growth slowdown and other headwinds threatening the inflation trajectory. The inflation measure the Fed prefers to track is currently at 1.6%.

Short URL : http://goo.gl/BXRyO7
  1. http://goo.gl/63aek6
  • http://goo.gl/wG8icm
  • http://goo.gl/i1HPxM
  • http://goo.gl/K2mUsI
  • http://goo.gl/ApcFSu

You can also read ...

Both, Russia and China, have intensified efforts in recent years to settle bilateral trade not in US dollars, but in rubles and yuan. Gold is considered important by both countries.
The issue of when a global reserve currency begins or ends is...
Norway’s Sovereign Wealth Fund  Hits $1 Trillion
The Norwegian sovereign wealth fund, the largest in the world...
The IMF could write off its debt and lighten Greece’s burden.
“Beware of Greeks bearing gifts,” wrote the ancient Roman poet...
Just over a quarter of Aussies have amassed debts equal to three times their income.
Australians’ average weekly household income grew by A$213 ($...
Kazakh Economy Grows by 4.3%
The economic growth in Kazakhstan was at 4.3% since the...
Multinational digital firms, mostly based in the US, have pushed for globally harmonized rules that would provide predictability and limit the space for national governments to intervene in digital flows.
The increasing digitization of the global economy is changing...
Janet Yellen
As the Fed starts unwinding the stimulus it provided to snap...
Ukraine Raises $3b in First Bond issue
Ukraine has raised $3 billion in its first sovereign bond...

Trending

Googleplus