75219
Fed to Stand Pat
Fed to Stand Pat

Fed to Stand Pat

Fed to Stand Pat

The moribund inflation seen in the world’s largest economy over the last year is a “mystery”, a “surprise” and a “concern” all at once, in the words of US central bank chief Janet Yellen, AFP reported. And the dilemma–why price pressures have not picked up despite nearly a decade’s worth of falling unemployment and growth–will be squarely at the fore when Federal Reserve policymakers gather Tuesday for a two-day meeting in Washington. If futures markets are to be believed, the Fed will take no action on benchmark interest rates at the meeting, leaving the target range unchanged at between 1% and 1.25%.

Short URL : https://goo.gl/gPf75A
  1. https://goo.gl/6tjCyC
  • https://goo.gl/xY7BK3
  • https://goo.gl/GpUomX
  • https://goo.gl/5KPjtQ
  • https://goo.gl/MRpBnj

You can also read ...

ADB Forecasts India Growth at 7.3 Percent
The Asian Development Bank expects India’s growth to pick up...
Dow futures dropped more than 100 points in early trading, as traders returned from the long holiday  weekend to face fresh selling pressure for US stocks.
A six-day rebound in world stocks began to splutter on Tuesday...
Ghana Told to Cut High Agro Imports
The World Bank country director for Ghana, Henry Kerali, has...
Chinese ironworks are increasingly  using Australian ore, which has  a high iron content.
Global stock markets are down from their recent peaks and...
London-based Capital Economics expects the German economy to expand by 2.7% this year. This would be above the government’s  more conservative forecast of 2.4%.
The German economy is expected to improve in the next six...
Indonesia Criticizes Trump’s Protectionist Policies
Indonesia is foregoing billions of dollars on offer from...
File picture of truckers in Buenos Aires during a demonstration last summer against the policies of Mauricio Macri.
The Argentine economy grew “close to 2.8%” last year, Guido...
Goldman Raises Red Flag Over US Gov’t Spending
US fiscal policy is headed for “uncharted territory.” That’s...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus