Fed predicts 'soft landing' for the economy --- low inflation and no recession
The Federal Reserve is betting it can kill high inflation without killing off the current economic expansion, based on its latest forecast.
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The Federal Reserve is betting it can kill high inflation without killing off the current economic expansion, based on its latest forecast.
US stocks recorded modest gains on Monday, with major indices slightly increasing.
KUALA LUMPUR: The ringgit opened marginally lower against the US dollar today as investors await interest rate decisions by major central banks this week, an economist said.
US Federal Reserve expected to maintain current interest rates despite persistent inflation levels exceeding target range; possibility of rate hike in coming policy meetings.
WASHINGTON: The US Federal Reserve is widely expected to hold interest rates steady on Wednesday after a summer of...