The US Central Bank is the Federal Reserve. People call it Fed. The Fed leaves the rate steady. It stays at 3,75 to 4,00 percent. Experts expected this pause.
Prices in the USA rise fast. This is inflation. Prices go up by 3,7 percent. Energy and oil cost more now.
High rates make loans expensive. People and firms spend less money. The Fed stays free from politics.
Soon there are important elections in the USA. The economy is a big topic. The Fed makes no changes before the vote.
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Economy
Energy & Commodities
The price for gas in Europe is much higher now. It is more than 100 Euro. The reasons are war and empty tanks.
Economy
Companies & Markets
More than 200 people are stuck in Cambodia. Their ship can not drive on. The fuel is too expensive now.
Economy
Companies & Markets
The shop Depot closes all 24 stores in Austria. About 140 people lose their jobs.
Politics
Foreign Policy
Nach der Wahl in Brasilien flieht Senator Flávio Bolsonaro in die USA. Er bricht ein Gesetz.
