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As expected, the Federal Open Markets Committee left its key policy rate unchanged at 5.25%-5.50% against a backdrop of gradually cooling inflation and a resilient economy.
A paused £30m theatre regeneration project has been thrown a potential lifeline by the town council. The redevelopment of the Octagon Theatre in Yeovil was put on hold by Somerset Council at the start of October due to rising costs. Councillor Graham Oakes said: "This is a once-in-a-lifetime opportunity."
Explore India's attractive fixed-income investments amid rising interest rates and expectations for stable small savings schemes.
At present, the interest rates on small savings schemes range between four per cent (post office savings deposits) and 8.2 per cent (Senior Citizens Savings Scheme).
The Federal Reserve has raised interest rates by three-quarters of a percentage point, the sixth increase this year.