Israel's Central Bureau of Statistics (CBS) reported on the country's
The Federal Open Market Committee's March projections for rate cuts shows a median Federal funds rate of 4.6% in 2024, versus 5.25%-5.50% today.
Standard and Poor’s (S&P) Global Ratings raised Egypt’s credit outlook from stable to positive on 18 March, weeks after the government decided to enforce a long-awaited free-floating currency exchange regime. “[The decision] reflects our view that the determination of the exchange rate via market forces will help drive GDP growth and over time support the government’s fiscal consolidation plan,” S&P explained. Despite the lift, the credit rating agency affirmed its current rating of Egypt at B-,...
After the FOMC announces interest-rate moves today, learn where CD,
After Covid-19 lockdowns, 2022 was a year of marriages, according to new data. The number of marriages took a dive around the start of the pandemic, numbers show. For the past two decades, the number of marriages stayed around 7 to 8 per 1,000 people a year, according to new data released by the US Centers for Disease Control and Prevention’s National Center for Health Statistics. But in 2020, the marriage rate was down to 5.1 per 1,000 people, the data showed. The rate started to climb the next...
Inflation fell sharply last year but progress has stalled in recent months.
The Fed Funds rate remains between 5.25% and 5.5%, matching its highest level since 2001.
The Bank of England is expected to keep interest rates the same, despite a
The Federal Reserve held interest rates steady Wednesday, but policymakers signaled they still expect to start cutting rates later this year. The stock market jumped in response.
WASHINGTON (AP) — Federal Reserve officials signaled that they still expect to cut their key interest rate
Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024 despite signs that inflation stayed surprisingly high at the start of the year. Yet they foresee fewer rate cuts in 2025, and they slightly raised their inflation forecasts. After ending their latest meeting, the officials kept […]
The Fed's decision comes as markets grow increasingly nervy about the persistence of inflation after two consecutive overshoots.