Fed policymakers worried about slow global growth: minutes

Fed policymakers worried about slow global growth: minutes

WASHINGTON - Federal Reserve policymakers were broadly worried about the potential for slower global growth to weigh on the US economy, the minutes from their March 15-16 meeting showed Wednesday.

Several Federal Reserve policymakers cautioned against an interest rate increase in April

As they decided against an interest rate hike at that meeting, several also cautioned against an increase in April, saying it would signal a sense of urgency over US monetary conditions that "they did not think appropriate," the minutes said.

Do you like the content of this article?

Online IT sales on pace to make up 40% of market

Driven by the pandemic, IT product sales through the online channel are likely to account for 35-40% of this year's IT market, a rate that hadn't been anticipated until 2022, says Advice IT Infinite, an IT retail chain.


Taiwan finalises $62bn purchase of F-16 jets from Lockheed Martin

WASHINGTON: Taiwan finalised the purchase of F-16 fighter jets from US aircraft manufacturer Lockheed Martin on Friday, a source confirmed to AFP, in a $62 billion, 10-year deal sure to anger Beijing.


Gold guidance

The domestic gold price rebounded after hitting a three-week low Wednesday, with experts advising investors to sell at a profit once the price exceeds the fundamental value.