- December 22nd, 2024
The U.S. Federal Reserve reduced interest rates by a quarter-point on Thursday, unfazed by the political climate surrounding Donald Trump's election victory. The decision, which lowers the federal funds rate to a range of 4.50% to 4.75%, was met with...
The US Federal Reserve has a mixed legacy in Asia, one characterized by periods of financial turmoil linked to its monetary policy decisions. With a history that stretches back to the mid-1990s, the actions of the US central bank have...
Richard Russell, a ground service agent, intentionally crashed a plane from Seattle-Tacoma International Airport, causing despair among pilots. Despite rising incomes, people like Russell struggle to keep up with the soaring cost of living. Car prices have remained high after...
London The Bank of England and the US Federal Reserve have halted interest rate increases following a drop in UK inflation, which has eased concerns about price rises. The central bank kept its main interest rate at a 15-year high...