The Fed doesn’t raise interest rates, but keeps them high

US Federal Reserve Board Chairman Jerome Powell prepares to respond to questions from the news media during a press conference at the Federal Reserve in Washington, DC, USA, 20 September 2023. EFE/EPA/SHAWN THEW

Washington, Sept 20 (EFE).- The United States Federal Reserve announced on Wednesday a pause in interest rate hikes, but did not indicate whether more increases will take place before the end of the year. “The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the … Read more

Storm Elliot leaves more than 30 dead in US

Washington, Dec 26 (EFE).- At least 38 people have died in recent days from causes related to the freezing storm Elliot, which has affected a large part of the country with heavy snowfall, low temperatures and hurricane-force winds, according to the United States network CBS. Millions had to take shelter from severe frost overnight and … Read more