Tag: U.S. economy
Posted in Business
US Federal Reserve maintains rate at 5.25-5.5% for 8th consecutive term
The Federal Reserve, in its latest meeting, decided to keep the federal funds rate unchanged at 5.25 per cent to 5.5 per cent for the…
Posted in Business
US economy grows at 1.1 per cent in first quarter: Report
The US economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and…