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The world’s attention is on the US Federal Reserve’s two-day policy meeting that began on Tuesday. Experts, globally, agree that the US Fed will increase interest rates, and the focus is on the magnitude of the hike. In the run-up to the meeting, there has been a host of key …
Federal Reserve May Increase Interest Rates Read More
Consumer prices rose 6.3% in July from a year earlier after posting an annual increase of 6.8% in June, the biggest jump since 1982. Inflation eased last month as energy prices tumbled, raising hopes that a surge in prices increases may have peaked. According to a Commerce Department report Friday …
US inflation eases as consumer prices rise 6.3% in July Read More