WASHINGTON, June 12 (Xinhua) The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as the latest consumer price data shows that inflation seems to be cooling.
U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation cools news.az - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.az Daily Mail and Mail on Sunday newspapers.
This is more a story of money printing than it is one of inflation, rates are high because the US Govt is printing money like there is no tomorrow. Time to forget the traditional Interest Rate theory, Gold and Bitcoin, assets that should suffer in a high rate environment look more attractive
Stocks completed another week around record highs as the latest jobs report revealed a slowing US labor market, but not at a rate that experts are concerned about. The Nasdaq Composite (^IXIC) increased by 2.3%, while the S&P 500 (^GSPC) increased by approximately 1.3%. The Dow Jones Industrial Average (DJI) gained roughly
America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high
Hiring, wage growth picked up in May in sign of sustained economic health | News, Sports, Jobs sungazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sungazette.com Daily Mail and Mail on Sunday newspapers.