Media ID: 55363935
Caption:
Federal Reserve Board Chair Janet Yellen answers a reporter’s question during a news conference about the Federal Reserve’s monetary policy, Dec. 14, 2016, in Washington. / AP
by Asharq Al-Awsat | Dec 15, 2016 | Business
London – U.S. Federal Reserve decided to raise interest rates for the first time in 2016 since the election of Donald Trump, and the second time in a decade. The bank voted unanimously to raise the U.S. central bank’s target range for the federal funds rate to 0.50 to...
Media ID: 55357959
Caption:
by Asharq Al-Awsat English | Sep 7, 2016 | Business
Copper prices rose to two-week highs on Wednesday as growing expectations the U.S. Federal Reserve will hold U.S. interest rates steady kept the dollar under pressure, but worries about Chinese demand limited gains. Benchmark copper on the London Metal Exchange was up...
