However, with inflationary pressures remaining high and concerns about President-elect Donald Trump’s policies potentially driving further inflation, the Fed signalled on Wednesday a more cautious ...
President Anura Kumara Dissanayake yesterday told Parliament that the PAYE tax threshold be increased from Rs. 100,000 to Rs. 150,000. “We held discussions with the IMF and were able to raise the tax ...
US central bankers now project they will make just two quarter-percentage-point rate reductions by the end of 2025. That is half a percentage point less in policy easing next year than officials ...
Higher interest rates can slow business expansion. Speaking at a news conference, Chair Jerome Powell underscored that policymakers are slowing their rate reductions as their benchmark rate nears a ...
Fed officials have underscored that they are slowing their rate reductions as their benchmark rate nears a level that policymakers refer to as “neutral” – the level that is thought to ...
Photo: Al Drago/Bloomberg The Federal Reserve signaled greater doubt over how much it would continue to cut interest rates after agreeing to a reduction on Wednesday that Chair Jerome Powell ...
The Federal Reserve on Wednesday cut its interest rate target by a quarter of a percentage point and said it expects fewer cuts in 2025 than previously anticipated. After a two-day meeting of its ...
Fed officials have underscored that they are slowing their rate reductions as their benchmark rate nears a level that policymakers refer to as “neutral” — the level that is thought to ...
U.S. central bankers now project they will make just two quarter-percentage-point rate reductions by the end of 2025. That is half a percentage point less in policy easing next year than officials ...