US Fed keeps rates steady to tame inflation
The Federal Open Market Committee (FOMC) of the US Federal Reserve at its meeting on Thursday decided to maintain the Federal funds rate at 5.25 to 5.50 per cent, for a sixth consecutive time, saying
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The Federal Open Market Committee (FOMC) of the US Federal Reserve at its meeting on Thursday decided to maintain the Federal funds rate at 5.25 to 5.50 per cent, for a sixth consecutive time, saying
He gap between the last Fed meeting in July and the next one is an unusually long eight weeks, giving them two full months of data to consider.
He gap between the last Fed meeting in July and the next one is an unusually long eight weeks, giving them two full months of data to consider.
Papa John's profit plunges 30% in Q2 due to inflation-triggered price hikes. Consumers opt for budget-friendly alternatives like frozen pizzas. | World News
Home Depot cut its annual sales forecast and projected a steeper-than-expected decline in profit, stoking fears about inflation-wary consumers trimming discretionary spending.