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Fed Not Declaring Victory Yet in Battle Against Inflation

The Federal Reserve announced Wednesday that it is maintaining its benchmark interest rate in a range between 5.25% and 5.5%, where it has stood since July as part of the central bank’s effort to reduce inflation. In a statement, the Federal Open Market Committee said the economy has been solid in recent months, with strong job growth and falling inflation. “The committee judges that the risks to achieving its employment and inflation goals are moving into better balance,” i...
Bill Adams Jerome Powell Daleep Singh Federal Reserve Market Committee Comerica Bank
Source: yahoo.com

US Dollar sees post-Fed gains evaporate with Jobless data turning ugly

The US Dollar (USD) is falling back to being nearly flat ahead of the US opening bell, after it initially popped higher on the back of the first rate decision from the US Federal Reserve and commentary from the US Federal Reserve Chairman Jerome
United Kingdom Jerome Powell Institute Of Supply Management Us Treasury Department Group Fedwatch Tool European Central Bank

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Battle for fourth place goes down to the wire in DP World ILT20

Over the past few days, final positions have been fought for in the round-robin stage of the UAEโ€™s DP World ILT20 Cricket League. Although Abu Dhabi Knight Riders had failed to secure a win so far in nine matches, they finished on a winning note by defeating the Sharjah Warriors to put a dent in the latterโ€™s hopes of finishing in the top four. Those four teams will contest
Ash Shariqah United Arab Emirates Tom Curran Jake Ball Alex Hales George Munsey

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