24 C
State of Tripura
Saturday, October 4, 2025

Tripura Police: Only 18% of Idols Immersed on Vijaya Dashami

Devotees across Northeast India bid farewell to...

DURGA: SYMBOLISM, SOCIAL CHANGE, AND THE CONTINUUM OF LIFE

Durga: Symbolism, Social Change, and the Continuum...

US Federal Reserve Chairman Jerome Powell indicates potential rate cut soon

Must Read

US Federal Reserve Chairman Jerome Powell has indicated that a potential rate reduction could occur during September’s central bank meeting. However, he maintained a balanced stance, refraining from making definitive commitments about interest rate cuts.
 
His comments acknowledged mounting concerns about employment conditions whilst emphasising that inflation risks continue to persist. Delivering a speech at the Jackson Hole Economic Policy Symposium, Powell said, risks to inflation are tilted to the upside and risks to employment to the downside. The Federal Reserve, scheduled to convene its next policy meeting in mid-September, has maintained interest rates between 4.25 per cent and 4.50 per cent since its last decrease in December.

- Advertisement -
spot_img
spot_img
spot_img
spot_img

Latest News

GST on Textiles Slashed to Boost Affordability and Exports

GST Bachat Utsav, which was announced by Prime Minister Narendra Modi, and commenced on the  22nd of...