[ad_1] The US economy is on track by the end of next year to meet the employment and inflation hurdles the Federal Reserve has set for raising interest rates, consistent with a liftoff in borrowing costs in 2023, Fed Vice Chair Richard Clarida said on Wednesday, Report informs via Reuters. “I believe that these …… Continue reading US Federal Reserve Vice Chair supports interest rates liftoff in 2023
Tag: Federal
Flood damage will exceed 6 billion euros in Germany, says federal minister
[ad_1] The damage from the July floods in western Germany will amount to billions of euros, Report informs, citing Germany’s Federal Finance Minister Olaf Scholz. It now becomes clear that only in two states – Rhineland-Palatinate and North Rhine-Westphalia – the scale of damage will be greater than during the last similar disaster, which affected… Continue reading Flood damage will exceed 6 billion euros in Germany, says federal minister
Russian Federal Security Service prevents terrorist attack in Moscow
[ad_1] Security officials prevented a terrorist attack in Moscow, Report informs with reference to Federal Security Service of the Russian Federation (FSB RF). As a result of the measures taken, a Russian citizen was detained in Moscow, FSB said. The Security Service noted that the man was planning to detonate an improvised explosive device (IED)… Continue reading Russian Federal Security Service prevents terrorist attack in Moscow