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 ...
Wednesday, July 29, 2026
Tag: inflation
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 ...
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 ...
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