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Tag: hikes
US Fed hikes interest rates 0.25 percent amid market turmoil
The US Federal Reserve raised the interest rate by 0.25% on Wednesday as it battles stubborn inflation and a banking crisis, which has pushed the central bank into taking its largest emergency actions since the onset of the pandemic. The rate hike brings the Fed’s policy rate, the federal funds rate, to a new range of 4.75%-5%, the highest since October 2007. Robert Scott is…
Argentina hikes rate to 69.5% as inflation surges to 30-year high
Argentina’s monthly inflation for July was the highest in twenty years – at 7.4 percent. That means accumulated inflation for the year so far is more than 46-percent – and is projected to rise above 90-percent by the end of 2022. High inflation is an almost-constant problem in Argentina. Al Jazeera’s Daniel Schweimler reports from Lujan, Argentina. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on…
Argentina economy: Price hikes & inflation driving social tension
In Argentina, tensions are rising as food prices soar, and fuel stocks run low. There have been weeks of protests by truck drivers, who are demanding higher pay rates to help offset the costs. Al Jazeera’s @Teresa Bo reports from Buenos Aires, Argentina. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website:…
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Professional golfer Grayson Murray has died aged 30, the PGA Tour has said. [...]
Sean Baker is the first American filmmaker to win the Palme d'Or since Terrence Mallick in 2012. [...]
The film, directed by Sean Baker, stars Mikey Madison as a dancer who strikes gold with a wealthy client, only to face the wrath of his Russian oligarch parents. [...]
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FULL SPEECH: President Trump Addresses Libertarian National Convention in D.C. – 5/25/24- President Trump: "Together, we can secure an unlimited future for all Americans"
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