interest

In a recent statement following its comprehensive assessment of U.S. policies, the International Monetary Fund (IMF) emphasized the need for the United States to maintain higher interest rates for an extended period to curb inflation. Additionally, the IMF urged Washington to adopt stricter fiscal measures to address the country’s mounting federal debt. Despite the U.S. […]

The Central Bank of Argentina raised its key interest rate Monday by six percentage points to 97 percent in an effort to tackle soaring inflation that has reached 30-year highs. Central banks across the globe are struggling to rein in inflation, but it’s a particular problem in Argentina, where the annual inflation rate soared above […]

The Federal Reserve voted to raise the benchmark federal funds rate by 50 basis points, to a target range of 4.25–4.5 percent at the December policy-setting meeting of the Federal Open Market Committee (FOMC), the highest level since late 2007. In total, the Federal Reserve has raised interest rates seven times since March, totaling 425 […]

We’re coming back with more toners for your everyday routine, and for all skin types! Last time we talked all about chemical exfoliating toners for acne, whiteheads, and blackheads! Today, we continue on the toner quest and find more amazing ingredients to look out for to give us that dewy, glowing, and lit-from-within skin! You’ll […]

The Federal Reserve concluded its two-day meeting on Wednesday, and it’s decided to keep withdrawing stimulus from the economy as planned. In a bid to fight inflation, stimulus in the form of bond purchases will end as planned in March. After that, we’ll likely see the Fed begin raising interest rates. The Fed also said […]

Americans will likely see rate hikes in the new year as the Federal Reserve fights against inflation. The Federal Open Market Committee (FOMC) said in a statement, “In light of inflation developments and the further improvement in the labor market, the Committee decided to reduce the monthly pace of its net asset purchases by $20 […]

Sen. Marsha Blackburn (R-Tenn.) urged President Joe Biden to make sure that the WHO chooses investigators free from conflicts of interest.

Federal Reserve chairman Jerome Powell was asked about Gamestop and its potential impact on financial stability. He said he would leave it up to others to handle. And those others could be the SEC or even the White House. NTD talked to Danielle DiMartino Booth about it. She spent nine years at the Federal Reserve Bank […]

With mortgage rates falling to record lows in 2020, one expert says it could go even lower in the first half of the year. That’s after already dropping to record lows last month, falling below 3 percent. But the chief financial analyst at Bankrate told NTD News there could be dramatic swings with mortgage rates […]

President Trump says the high court had no desire in hearing allegations of election fraud during the Nov. 3 presidential contest.