US Fed raises interest rate again, eyes more hikes
The Federal Reserve raised its key US interest rate again Wednesday, Sep 21 and said ... ... that has raised fears of a recession. The Fed 's policy-setting Federal Open Market Committee FOMC has taken action to tamp down inflation, which has surged to the highest... ....0 -- 3.25 per cent, and the FOMC says it anticipates that ongoing increases will be appropriate. The squeeze on American families and businesses is a political liability...
Updated: 09/21/2022
Fed hikes rates for 3rd time this year, eyeing 4.6% in 2023
The Federal Reserve officials raised interest rates by 75 basis points for the third ... ... the highest levels since the 1980s. Wednesday s decision of the Federal Open Market Committee Federal Open Market Committee lifted the target range for the benchmark federal... ... risks. The central bank believes that ongoing increases in the target range will be appropriate, and is strongly committed to returning inflation to its 2% objective. The...
Updated: 09/21/2022
Hong Kong in critical stage from chaos to order, says official
The city is in a critical stage from chaos to order and prosperity, according to the ... ... Since the 18th National Congress , under the strong leadership of the CPC Central Committee with Xi Jinping at the core, the party has taken a series of effective initiatives... ... to the special administrative region government's open data, Huang said it is not appropriate to assume there is an emigration wave from Hong Kong, as the direct statistics...
Updated: 09/21/2022
Australian firm becomes biggest player in Beetaloo
A company facing fines for refusing to appear before a Senate committee on gas subsidies has become the biggest player in the Northern Territory's Beetaloo Basin. A company facing fines for refusing to appear before a Senate ... ... create 6,300 jobs in the Territory. He said details of how the company would achieve net zero emissions would be provided at the appropriate time and would include integrating renewables into the project and carbon capture and storage. In a 2015 study commissioned ...
Updated: 09/20/2022
Liz Cheney accuses Republicans of protecting Donald Trump in conservative speech
Rep. Liz Cheney R-Wyo. The Republicans accused Republicans of protecting President Donald Trump in a speech ... ... Donald Trump above the law. We are rendering indefensible conduct normal, legal and appropriate — as though he were a king. Mike Pence , a Trump-era Vice President,... ... Harriet Hageman, a candidate backed by Trump. She is the vice chairman of the House committee that investigated the Jan. 6 Capitol insurrection. Trump reacted to the election...
Updated: 09/20/2022
Chinese Premier Li Keqiang stresses peace, stability in South China Sea
The Chinese premier Li Keqiang stressed on Monday that peace and stability in the common ... ... by mountains and rivers. General Secretary of the Communist Party of China Central Committee Xi Jinping and General Secretary of the Communist Party of Vietnam Central... ... to stabilize employment and prices and keeping major economic indicators within an appropriate range and showing an overall recovery trend. The Chinese Premier said that...
Updated: 09/19/2022
Australian central banker says rates closer to normalisation
... hikes, but he warned that rates are still low, suggesting a range of 2.5% -- 3.5% would be appropriate depending on economic cycles. More interest rate rises are required to bring inflation back to the bank's 2% -- 3% target range, but said it would be appropriate to slow the rate of increase at some point. At some point, Lowe told a parliamentary economics committee that we will not be increasing rates by 50 basis points at each meeting. Lowe said the rates should be at least 2.5% over time and cycle between 2.5% and 3.5% depending on how the economy performs. We are closer to that now. We are at 2.35%,...
Updated: 09/16/2022
SEBI chief sets the ball rolling to make regulatory process more productive
... individuals saying batao kya karna hai tell us what to do, because suddenly they need to deliver, she added. She highlighted the fact that the Indian capital market watchdog has a very consultative approach, which is corroborated by the various advisory committees formed by the regulators. They were relevant, they were appropriate, and they may have been put in place at a time and an era when they were right. She said that they may be completely inappropriate in today s context. We are very happy to not be attached to that dogma and simply saying that going forward ...
Updated: 09/13/2022
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