Fed expected to hike rate again despite signs of slowing economy
The US Federal Reserve is likely to raise its benchmark lending rate by 25 basis points on Wednesday despite growing signs that the American economy is slowing down. – Wikipedia pic, April 30, 2023.
THE US Federal Reserve is widely expected to raise its benchmark lending rate for a tenth – and possibly final – time on Wednesday, as it continues its fight against high inflation. The US central bank is likely to take this decision despite growing signs that the American economy is slowing down, with many economists predicting the US will enter a mild recession later this year.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DiCaprio and Scorsese talk ‘Killers’ as Rihanna hits CinemaCon | The Malaysian InsightTitanic star plays Ernest Burkhart, who is caught in a brutal conflict between Native Americans and oil-hungry white capitalists.
Read more »
Protect students from hot and smoggy weather, says MOE | The Malaysian InsightIt urges for outdoor classroom activities to be suspended when temperature gets too high, API reading exceeds 100.
Read more »
Police launch Op Lancar for smooth traffic flow | The Malaysian InsightPersonnel are deployed to highly congested spots to ease movement of vehicles.
Read more »
Malaysia sedang rayu tambahan kuota 10,000 jemaah haji tahun ini, kata TH | The Malaysian InsightPengerusi Lembaga TH Azman Mokhtar berkata rayuan tambahan kuota yang pertama adalah sebanyak 350 jemaah dan keputusan rayuan berkenaan dijangka diketahui sebelum 21 Mei ini.
Read more »
Cuaca panas, rakyat Kelantan diminta hadkan aktiviti luar | The Malaysian InsightKata Dr Zaini cuaca panas memberi tekanan fizikal kepada tubuh manusia yang boleh memberi kesan terhadap kesihatan daripada tahap sederhana sehingga membawa maut akibat strok haba.
Read more »
Tabung Haji announces 3.1% profit distribution for 2022 | The Malaysian InsightFund reports 7% increase in the total profit distribution last year compared to in 2021.
Read more »