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Rates will remain 3.75-4 percent even as inflation continues to rise.

Decision had been widely expected after September rate rise against Donald Trump’s wishes

The Federal Reserve has voted to keep interest rates unchanged despite rising inflation. NBC News' Brian Chueng reports on the central bank's final rate decision before the midterm elections.

Plateau State Governor, Caleb Mutfwang, has inaugurated a support group for President Tinubu’s 2027 re-election, unveiling 25 campaign vehicles. Read More: https://punchng.com/mutfwang-inaugurates-tinubus-door-to-door-campaign-in-plateau/

It was a widely expected move, with the central bank opting to delay any changes to borrowing costs until after next week’s US midterm elections and awaiting further data on the path of inflation.

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The Federal Reserve opted to leave its benchmark interest rate unchanged — but investors widely expect the central bank to raise rates at its next meeting in December to combat stubborn inflation.

The US Federal Reserve held interest rates steady on Wednesday in a 10-2 vote, as officials opted for patience as inflation concerns linger. “The committee believes that the accumulation of more information will help it determine the policy stance appropriate to ensure a timely return of inflation to the 2 per cent goal. The committee will achieve price stab

The U.S. central bank left borrowing costs unchanged this month after hiking rates in September for the first time in three years.

The Federal Reserve kept interest rates unchanged in its final major decision before the midterm elections.

Two of the 12 Federal Open Market Committee voters dissented from the decision. Both wanted to raise rates by a quarter percentage point.

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold its seventh scheduled meeting of the year on Thursday to decide on its key policy interest rates, a major indicator of the direction of short-term interest rates on the Egyptian pound, amid strong expectations that rates will remain unchanged for the sixth consecutive […]

Rajya Sabha member Vikramjit Singh Sahney says Prime Minister Narendra Modi deserves the Bharat Ratna for his dedication and service to nation

Central bank to vote on monetary policy seven times next year in shift from longstanding practice of eight such meetings

The central bank increased the key rate by a quarter point as soaring energy prices pushed up inflation.

<p>ISLAMABAD: The World Bank on Wednesday dubbed the progress on the <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099122923141013085">Khyber Pakhtunkhwa Hydropower and Renewable Energy Development</a> project “moderately unsatisfactory”, with “substan

<p>ISLAMABAD: The World Bank on Wednesday dubbed the progress on the <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099122923141013085">Khyber Pakhtunkhwa Hydropower and Renewable Energy Development</a> project “moderately unsatisfactory”, with “substan

Alors que les Républicains sont en mauvaise posture dans les sondages, le président américain brandit la menace de la fraude électorale.

Established in April 2016, the facility has grown into one of the leading manufacturing bases for Isuzu’s domestic and overseas markets

The Emirates Red Crescent is delivering Dh50 million ($13.6 million) worth of winter and medical aid to Palestinians in Gaza as temperatures drop across the Middle East. The relief effort includes clothes, blankets, food, tents, medicine and other essential supplies. It is focused on the most vulnerable groups, including children, the elderly and families fa

The currency has lost almost 5% against the U.S. dollar in six months.

The Bank of Canada hiked interest rates by 0.25 per cent on Wednesday to 2.5 per cent, marking the first change to its benchmark in a year and the first increase in three years.

Etihad Airways and Emirates have taken the top two spots in a new ranking of air travel's most extravagant luxuries. Etihad’s The Residence, a three-room suite on its Airbus A380, leads the list by air passenger rights company AirAdvisor. Emirates follows for its A380 Shower Spa and makes a second appearance for its on board lounge, while Qatar Airways featu

The Calgary Chamber of Commerce called the rate hikes "egregious" and warned the costs will impact business competitiveness and stretch bottom lines.

Mortgage rates have fallen over the past two weeks, but demand is only slightly higher, and more borrowers are looking for savings in riskier loans.

Markets expect the central bank to hold rates steady for now.

The market is betting against a back-to-back rate increase, but sees December as a real possibility.

Authorities have been urging lenders such as Kyoto Financial to phase out the practice of cross-shareholdings to improve corporate governance.

Inflation has risen to 4.3 per cent, just days before the Reserve Bank's next interest rates meeting.

The judge tossed a new obstruction charge against Nikki Floris and Bradley Benavides and told the Justice Department attorney that “everything is a sideshow on top of a sideshow” in this case.

Officials believe there is plenty of time left to tackle inflation, allowing them to avoid making a move so close to an election.

Israel’s Joint Arab List party celebrated as exit polls projected as many as 18 parliamentary seats for the Arab-bloc.

This year, the 26th president's legacy received a remarkable new tribute: the opening of the Theodore Roosevelt Presidential Library in the Badlands of North Dakota, a landscape that helped shape his lifelong commitment to conservation. Senior arts correspondent Jeffrey Brown recently paid a visit for our arts and culture series, CANVAS.

Les élus démocrates se basent sur un rapport publié lundi à partir des témoignages de 11 femmes, «dont cinq ont directement accusé Trump de les avoir violées ou agressées sexuellement en compagnie ou en présence d’Epstein».

Former minister, Betta Edu, marked her 40th birthday with IDPs in Benue State, announcing scholarships, vocational training and livelihood equipment. Read More: https://punchng.com/betta-edu-celebrates-40th-birthday-with-benue-idps/

Oracle is integrating OpenAI’s ChatGPT and Codex into its applications and plans to add Google TPUs and OpenAI’s Jalapeño chip to OCI.

Google announced today its Genie 4 world model for generating interactive experiences using AI. The company says the model has four main updates: It allows for more realistic worlds, lets users update an experience in real time with a natural language prompt, can generate audio, and uses Gemini 3.8 Flash under the hood to help […]

The Allied Peoples Movement has inaugurated a caretaker committee in Bauchi State to reconcile aggrieved members and organise conventions for new leadershi Read More: https://punchng.com/apm-inaugurates-bauchi-caretaker-committee/

DÉCRYPTAGE - La campagne pour un siège de sénateur du Texas est devenue l’affrontement le plus cher et le plus suivi des élections de mi-mandat.

Move marks another blow for Big Board as tech-focused rival attracts some of world’s most valuable companies

In his October 19 letter, the former Odisha CM had flagged the issue of elections announced by Andhra Pradesh in Kotia in Odisha’s Koraput district

Authorities urged people to be vigilant as parts of the UAE were hit by hail and heavy rain on Tuesday afternoon - with high winds and dust expected to persist until the evening in some areas. Storm Centre, a popular online weather tracking platform, shared videos of hail and rainfall in Ras Al Khaimah and Fujairah. The National Centre of Meteorology said th

Markets overwhelmingly expect no change in benchmark interest rates following September's increase.

Is Emirates business class worth it? Read an honest review of the A380 from Toronto to Dubai, covering lie-flat seats, dining, lounges and travel essentials for a relaxing journey.

Inflation is moving in the wrong direction and the labor market remains stable, a combination that bolsters the case for higher interest rates.

OTTAWA — Abu Dhabi's crown prince is in Ottawa for meetings today as Canada and the United Arab Emirates work to cement their trade ties.

The Macaulay Heritage Foundation has revived the social legacy of nationalist Herbert Macaulay, recreating his 1940s Kirsten Hall gatherings in Lagos. Read More: https://punchng.com/foundation-celebrates-herbert-macaulay-revives-social-legacy/

The seat has switched hands regularly in the past, but the current contest is unlike any other.

La demande formulée par des membres de la Chambre des représentants de désigner un procureur spécial n’a aucune chance d’aboutir, malgré un rapport dans lequel témoignent onze femmes. Mais ils espèrent fragiliser le président américain à quelques jours des élections de mi-mandat.

All survey respondents said they expect the BOJ to set the stage for a rate hike in December or January, as inflation and wages continue to rise.

The African Democratic Congress in Rivers State has inaugurated its 2027 governorship campaign council, alleging that governance has been abandoned. Read More: https://punchng.com/rivers-adc-inaugurates-campaign-council-faults-fubaras-administration/

El filósofo marcó el pensamiento occidental con una premisa fundamental; su legado permite navegar hoy un mundo saturado de información donde la ignorancia representa el mayor riesgo

Nigerian singer Burna Boy has presented the Socrates Award to Arsenal forward Bukayo Saka at the Ballon d’Or ceremony for his humanitarian work. Read More: https://punchng.com/2026-ballon-dor-burna-boy-presents-socrates-award-to-bukayo-saka/

Fed officials will unveil their latest interest rate move this week, following the September rate hike, the first in three years.

Microsoft has offered 60,000 employees, or about 27% of its global workforce, voluntary buyouts as the software giant spends heavily on artificial intelligence.

The Reserve Bank is set to review the official cash rate this week.

The Federal Reserve is expected to keep its overnight rate unchanged at the conclusion of its October meeting this week.

Karim Badawi, Minister of Petroleum and Mineral Resources, said the expanded use of advanced seismic survey technology was key to improving exploration activities and maximising the development of Egypt’s oil and gas resources. He noted that the deployment of Ocean Bottom Node (OBN) technology in the Gulf of Suez had helped raise drilling success rates […]