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quoting note1lce…0uwsUS Federal Reserve Maintains Interest Rates at Two-Decade High, Vows to Hold Policy Rate 'as long as appropriate' to Bring Inflation Down
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#2140b79c ver:0.94
The US Federal Reserve will maintain interest rates at a two-decade high until inflation slows, aiming for its 2% target. The Fed's cautious approach reflects a shift from previous projections, with markets now expecting just one rate cut in November. The combination of high rates and persistent inflation poses a potential threat to President Biden's re-election bid. The Fed also plans to slow the pace of unwinding its securities holdings. #FederalReserve #InterestRates #Inflation...
#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth #RateCuts #MonetaryPolicy
https://here.news/story/2140b79c?ver=0.94
quoting note1s48…ntqw'They don't want immigrants': Biden Blames China, India, and Japan's Economic Woes on 'Xenophobia'
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#99e2f5f5 ver:0.13
President Biden blames China, India, and Japan's economic struggles on 'xenophobia' and their reluctance to welcome immigrants. He made these remarks at a fundraising event, highlighting the positive impact of immigration on the US economy. The International Monetary Fund predicts slower growth for these countries in 2024, while the US is expected to grow at 2.7%. Biden's comments may raise concerns in New Delhi as he works to strengthen relations with Japan and India to counter China and Russia. Immigration is a key issue for US voters ahead of the presidential election. #Biden #immigration #economy #AsiaPacific...
#newstr #JoeBiden #China #India #Japan #Xenophobia #EconomicWoes #Immigrants #InternationalMonetaryFund #PresidentialElection
https://here.news/story/99e2f5f5?ver=0.13
quoting note1mkd…p5ckRinggit Opens Slightly Lower Against US Dollar as Fed Leaves Interest Rate Unchanged
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#edbf6f6a ver:1.08
The ringgit opens slightly lower against the US dollar as the Fed keeps interest rates unchanged. The currency exchange rate is impacted, with the ringgit rising against the pound and euro but falling against the yen. The ringgit remains stable along with other major currencies strengthening against the US dollar. #Ringgit #USdollar #Fed #interestrates...
#newstr #Ringgit #UsDollar #FederalReserve #InterestRates #CurrencyExchange #Economy
https://here.news/story/edbf6f6a?ver=1.08