US Fed raises interest rates for first time in three years
The 25 basis-point hike is the first raise in three years and comes before critical midterm elections in the US.
Brief by WorldPing · Original reporting by Al Jazeera
Article URL: https://www.wsj.com/economy/central-banking/fed-raises-rates-for-first-time-in-three-years-08539fbe Comments URL: https://news.ycombinator.com/item?id=49731515 Points: 15 # Comments: 2…
This is a short WorldPing brief. The full report was published by Hacker News.
Read the full report at Hacker NewsMore coverage: all technology news on WorldPing.
The 25 basis-point hike is the first raise in three years and comes before critical midterm elections in the US.
Brief by WorldPing · Original reporting by Al Jazeera
The move comes as Americans are already struggling with high costs for groceries, gas, and housing.Affordability has taken on a leading role in the upcoming midterm elections, just seven weeks away…
Brief by WorldPing · Original reporting by The Hindu
WorldPingFed committee votes unanimously to raise interest rate by a quarter-percentage point to a range of 3.
Brief by WorldPing · Original reporting by The Guardian
WorldPingThe widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.
Brief by WorldPing · Original reporting by CoinDesk
Mi Steinbach spent three years filming solo on a man-made German nature reserve for her art-house nature documentary, which opens the Oldenburg Film Festival.
Brief by WorldPing · Original reporting by Hollywood Reporter
Superstar, who earned the most nominations across 11 categories at this year’s event, will open the show…
Brief by WorldPing · Original reporting by Rolling Stone