May 8, 2025/CSL Research The United States Federal Reserve held its benchmark interest rate steady at 4.25% to 4.50% following its two-day Federal Open Market Committee (FOMC) meeting on May 7, 2025. This marks the third consecutive meeting since the end of 2024 in which the Fed has opted to […]
World News
Gloria Guevara Pledges Global Investment Summit for Tourism to Unlock Billions of Dollars, If Elected as New UN Tourism Sec-Gen
May 8, 2025/The PC Agency The leading candidate to be the next Secretary-General of UN Tourism, Gloria Guevara, has pledged to host a Global Investment Summit which will unlock billions of dollars in fresh initiatives to boost Africa, Asia, Europe, Oceania and The Americas. If elected by Ministers of Tourism […]
Federal Reserve Issues FOMC Statement
May 7, 2025/US Federal Reserve Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated. […]
