Stocks and gold rise on renewed rate cut hopes
London (AFP) - Stock markets rose on both sides of the Atlantic and gold hit new records Thursday as the ...
Friday, February 21, 2025
Tag: inflation
US rate cuts ‘can and will’ start this year if trends continue: Fed chair
Washington (AFP) - The US Federal Reserve will start cutting interest rates this year so long as current economic trends ...
ECB freezes rates, saying not yet confident on inflation progress
Frankfurt (Germany) (AFP) - The European Central Bank froze interest rates again Thursday, holding off from starting to cut as ...
Biden pushes higher corporate tax, touts strong economy in key speech
Washington (AFP) - US President Joe Biden called for higher taxes on corporations Thursday in his State of the Union ...
Despite oil riches, Libyans hit by plummeting purchasing power
Tripoli (AFP) - Libya may sit on Africa's biggest oil reserves, but many families are struggling with rapidly rising consumer ...
ECB keeps rates on hold with inflation still sticky
Frankfurt (Germany) (AFP) - The European Central Bank froze interest rates again on Thursday as it held off from starting ...
US Fed chair Powell says progress against inflation ‘not assured’
Washington (AFP) - The US Federal Reserve's progress in bringing down inflation is "not assured," the chairman said Wednesday on ...
Canada central bank holds key lending rate at 5%
Ottawa (AFP) - Canada's central bank on Wednesday held its key lending rate at five percent, saying it remains concerned ...
Egypt secures extra $5 bn in IMF loans as pound plunges
Cairo (AFP) - Egypt secured an additional $5 billion in IMF loans on Wednesday, the two sides said, after the ...
Britain set for tax-cutting budget before election
London (AFP) - Britain's Conservative government is on Wednesday expected to use a budget update to unveil tax cuts for ...
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