People at a shopping street in New York. Agence France-Presse
For the first time since the Great Recession a decade ago, the US Federal Reserve is poised to cut interest rates, shoring up America’s defenses as the global economy weakens.
US consumer prices jumped by the most in seven months in October, which together with abating fears of a recession, support the Federal Reserve’s signal for no further interest rate cuts in the near term.
US job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and mounting evidence the economy was losing momentum could still encourage the Federal Reserve to cut interest rates this month.
China wants to reach an initial trade deal with the United States, President Xi Jinping said on Friday, but is “not afraid” to fight back when necessary and will enact economic reforms at its own pace.
Breakbulk Middle East, an internationally acclaimed conference and exhibition, reveals ‘Education Day” initiative. The event, which will take place from 25th February to 26th February 2020 at Dubai World Trade Center,
Experts and analysts revealed during the 8th Chief Audit Executive Conference (CAE) in Dubai that the UAE is marching ahead in the region in adopting Artificial Intelligence and smart technologies.