The US central bank has raised interest rates to the highest level in 16 years as it battles to stabilise prices. The Federal Reserve increased its key interest rate by 0.25 percentage points – its 10th hike in 14 months.…
US Fed like a ‘stubborn child’, says Trump (Guardian)
Federal Reserve Board Chairman Jerome Powell speaks at a news conference after a Federal Open Market Committee meeting in Washington, DC, on June 19, 2019. – Powell said Wednesday that many central bankers feel the case for a rate cut…
