US Fed raises benchmark interest rate a quarter point
The US Federal Reserve
Washington - Arab Today
The US Federal Reserve on Wednesday raised the benchmark interest rate a quarter point, noting that inflation is moving closer to the central bank's two percent target.
But in announcing the first move since President Donald Trump took office, the Fed gave no hint that rates might have to rise more quickly if the White House pushes through its pro-growth policies, including tax cuts and spending programs.
The Fed's policy-setting Federal Open Market Committee voted to raise the key federal funds rate to a range of 0.75-1.0 percent, although there was one dissenting voice.
- Wednesday ,12 December GMT 08:26 2018 Australian government discusses moving Israel embassy to Jerusalem
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen linksGMT 09:32 2018 Wednesday ,12 December
Huawei CFO gets bail; China detains ex-Canadian diplomatGMT 09:24 2018 Wednesday ,12 December
LuLu supports KFUPM Rectors Cup marathonGMT 09:12 2018 Wednesday ,12 December
Ford trains 1,600 motorists in Mideast, Africa in 2018GMT 09:00 2018 Wednesday ,12 December
May tours Europe in desperate bid to save Brexit dealGMT 08:26 2018 Wednesday ,12 December
Australian government discusses moving Israel embassy to JerusalemGMT 10:32 2018 Tuesday ,11 December
Trump’s troubled White House in search of new chief of staffGMT 10:03 2018 Monday ,10 December
23 Palestinians arrested in West BankRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 06:23 2019 Tuesday ,20 August
You find yourself facing new professional
GMT 07:27 2019 Tuesday ,20 August
Think of a new strategy and give you a variety of possibilities
GMT 11:24 2018 Friday ,14 December
Turkey will enter Syria’s Manbij if US doesn’t remove YPG fighters
GMT 11:47 2018 Thursday ,11 January
Heavy snowfall strands 13,000 tourists
GMT 09:23 2019 Monday ,19 August
Live an important and happy atmosphere
GMT 16:10 2018 Friday ,14 December
Bahrain press headlines For 14 Dec 2018GMT 07:06 2012 Sunday ,20 May
UN imposes travel ban on Guinea-Bissau coup leaders
GMT 08:13 2017 Monday ,11 December
Shaikha Mai receives Lebanese Culture Minister
GMT 14:21 2017 Friday ,17 February
Tillerson, Wang in highest-level US-China meet under Trump
GMT 05:28 2018 Tuesday ,04 September
Netanyahu welcomes Trump decision to stop all financial support for UNRWA
GMT 19:17 2016 Monday ,05 September
Israeli Forces Shot 3 Palestinians in Nablus
GMT 10:22 2015 Friday ,08 May
Cook Islands' solar energy project to go online
GMT 00:58 2017 Monday ,06 February
I feel calmness when reading Qur’an: Lindsay
GMT 19:40 2016 Sunday ,12 June
Greek MPs : will recognize Palestine ‘soon’
GMT 09:24 2017 Wednesday ,20 September
Talib says players need more harmony
GMT 16:22 2018 Friday ,07 December
UAE exhibition Numaish back with 70 designers
GMT 14:28 2018 Wednesday ,05 December
S10 leaks: Samsung to avoid camera notch with hole punch design
GMT 13:13 2018 Thursday ,01 November
Brazil's central bank keeps basic interest rate at 6.5 pct
GMT 12:52 2018 Wednesday ,24 October
Lebanon's first all-female metal band shakes up male-dominated field
GMT 13:53 2015 Saturday ,20 June
3 dead, 34 injured as car rams crowd in Austria's GrazGMT 00:54 2011 Thursday ,29 September
Stock markets in GCC
GMT 13:15 2016 Monday ,29 August
Djokovic, Nadal and Phil Collins kick-off US OpenGMT 05:20 2012 Monday ,17 September
Lane, Kristy still patrolling PacificGMT 14:03 2011 Monday ,01 August
Dravid out in daunting chase in England TestGMT 14:00 2013 Thursday ,14 March
Compton and Trott put England in control against NZ
GMT 12:43 2018 Sunday ,16 September
Palestinian teen succumbs to wounds sustained during Gaza protests
GMT 14:52 2018 Friday ,07 September
Roscosmos, NASA to enter into talks on future of ISS
GMT 09:01 2017 Wednesday ,02 August
At least 29 killed in Afghan Shiite mosque attack
GMT 02:41 2015 Monday ,21 September
Eiffel Tower is closed to visitors after terror suspect 'with large rucksack'
GMT 19:33 2011 Sunday ,30 October
Al Futtaim Honda makes up for delivery disruptionsGMT 17:39 2011 Tuesday ,29 November
Stokes: Atletico tie will be tough
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor