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COMMENTARY: Empowering women and girls in the Caribbean for long-lasting change - Dominica News Online
dominicanewsonline.com/news/homepage/commentary-empowering-women-and-girls-in-the-caribbean-for-long-lasting-change/
COMMENTARY: Empowering women and girls in the Caribbean for long-lasting ...
More news on this subject
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COMMENTARY: Empowering women and girls in the Caribbean for long-lasting change - Dominica News Online
dominicanewsonline.com/news/homepage/commentary-empowering-women-and-girls-in-the-caribbean-for-long-lasting-change/
COMMENTARY: Empowering women and girls in the Caribbean for long-lasting ...
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White House, Senate Democrats unveil bill to battle pandemic aid fraud: The measure, which delivers on an earlier request from President Biden ...
washingtonpost.com/business/2024/04/09/covid-aid-fraud-congress/
White House, Senate Democrats unveil bill to battle pandemic aid fraud
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How Royal Caribbean is leading the charge in the cruise industry comeback: The cruise industry has made a comeback, and Royal Caribbean is leading the charge.
cnbc.com/2024/04/15/royal-caribbean-is-leading-the-charge-in-the-cruise-industry-comeback.html
How Royal Caribbean is leading the charge in the cruise industry comeback
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Wave of construction starts has cooled off, says BSE president: Bahamas Society of Engineers (BSE) President Quentin Knowles told Guardian Business yesterday ...
thenassauguardian.com/business/wave-of-construction-starts-has-cooled-off-says-bse-president/article_f27d2722-fab0-11ee-8071-ab841b62dfc7.html
Wave of construction starts has cooled off, says BSE president
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Deyalsingh: Two investigations into premature babies deaths at hospital - Trinidad and Tobago Newsday
newsday.co.tt/2024/04/13/deyalsingh-two-investigations-into-premature-babies-deaths-at-hospital/
Deyalsingh: Two investigations into premature babies deaths at hospital - ...
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Trump might want to stop comparing this moment to four years ago: Polling shows that issues that drove the 2020 election have faded, to Biden’s detriment.
washingtonpost.com/politics/2024/04/12/trump-might-want-stop-comparing-this-moment-four-years-ago/
Trump might want to stop comparing this moment to four years ago
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How It Started ... How It's Going: Inflation-adjusted hourly wages lower today than when Biden took office
foxbusiness.com/economy/started-going-inflation-adjusted-hourly-wages-lower-today-biden-took-office
How It Started ... How It's Going: Inflation-adjusted hourly wages lower ...
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Royal Caribbean Shares Sink Over 5% On Troubling Week: Shares of Royal Caribbean hit a one-month low, though the cruise line’s performance on Wall Street remains ...
forbes.com/sites/brianbushard/2024/04/09/royal-caribbean-shares-sink-over-5-on-troubling-week/
Royal Caribbean Shares Sink Over 5% On Troubling Week
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The worst pandemic imaginable: A highly contagious prion disease is spreading among wild animals. Experts are wondering whether it can also infect people - and ...
spektrum.de/video/prionen-die-schlimmste-vorstellbare-pandemie/2213966
The worst pandemic imaginable
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Biden administration announces strategy to combat future pandemics with 50 country partnership
pbs.org/newshour/politics/biden-administration-announces-strategy-to-combat-future-pandemics-with-50-country-partnership
Biden administration announces strategy to combat future pandemics with 50 ...
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Death in Paradise star lands huge new role in BBC drama after quitting series: Tahj Miles, who played Officer Marlon Pryce in Death in Paradise ...
mirror.co.uk/tv/tv-news/death-paradise-star-lands-huge-32612608
Death in Paradise star lands huge new role in BBC drama after quitting ...
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After COVID, WHO defines disease spread 'through air': The World Health Organization and around 500 experts have agreed for the first time what it means for a ...
reuters.com/business/healthcare-pharmaceuticals/after-covid-who-defines-disease-spread-through-air-2024-04-18/
After COVID, WHO defines disease spread 'through air'
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Red Lobster Is Reportedly Heading For Bankruptcy After Losing Millions On Endless Shrimp
delish.com/food-news/a60524728/red-lobster-bankruptcy/
Red Lobster Is Reportedly Heading For Bankruptcy After Losing Millions On ...
Quick Glance: Red Lobster Considers Bankruptcy
  • The seafood chain Red Lobster is exploring a potential Chapter 11 filing to restructure its debts, based on insider insights.

  • Legal guidance for Red Lobster is provided by King & Spalding. The restaurant chain is contemplating terminating long-term contracts and renegotiating a variety of leases.

  • A sign reading “Open For Takeout & Free Delivery” is displayed outside a Red Lobster establishment in Secaucus, New Jersey, USA.

  • Established in 1968 in Lakeland, Florida, Red Lobster started with a single restaurant. The introduction of their famous cheese-flavored biscuits occurred in 1992, and the chain now operates hundreds of locations in the US, Canada, and international franchises.
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Album launch of Lola Amour, crowded by fans: The long wait is over for fans of the band Lola Amour because their album has been released.
news.abs-cbn.com/entertainment/2024/4/18/album-launch-ng-lola-amour-dinumog-ng-fans-1805
Album launch of Lola Amour, crowded by fans
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SPD Saxony - Minister of Social Affairs Köpping: "Many people are tired": The SPD Saxony is facing a difficult election, polls put the party at six percent ...
t-online.de/nachrichten/deutschland/innenpolitik/id_100386752/spd-sachsen-sozialministerin-koepping-viele-menschen-sind-muede-.html
SPD Saxony - Minister of Social Affairs Köpping:
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UP 2024 college admission results are out: This is the first time that UP administers the UPCAT again after the COVID-19 pandemic
rappler.com/philippines/university-up-college-admission-results-upcat-2024/
UP 2024 college admission results are out
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The pandemic pumped up productivity. Then the bubble burst: Here’s how we’re tracking now, and why putting in more work isn’t the answer.
smh.com.au/business/the-economy/the-pandemic-pumped-up-productivity-then-the-bubble-burst-20240417-p5fkk6.html
The pandemic pumped up productivity. Then the bubble burst
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Quick Glance: Ronaldo to Receive 9.7m Euros from Juventus for Unpaid Salary
  • Portuguese star Cristiano Ronaldo is set to receive 9.7 million euros (J$1.58 billion) from Juventus for unpaid wages from the 2020-21 season, as announced by the Italian courts on Wednesday.

  • The arbitration panel, to which Ronaldo appealed, has instructed Juventus Turin to pay the sum of 9,774,166.66 euros, in addition to interest and procedural costs, as detailed in its decision.

  • This amount reflects the variance between Ronaldo's actual received salary and the one he should have received after tax and other deductions.

  • When contacted by AFP, Juventus refused to provide a comment but mentioned that a statement would be released 'shortly'.
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Flow to televise T20 Festival, tournament to be live streamed in India - Trinidad and Tobago Newsday
newsday.co.tt/2024/04/18/flow-to-televise-t20-festival-tournament-to-be-live-streamed-in-india/
Flow to televise T20 Festival, tournament to be live streamed in India - ...
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IPL heroics sees Narine in West Indies sights for T20 World Cup: Narine has been one of the surprise packets of the ongoing Indian Premier League (IPL) seasons ...
thedailystar.net/sports/cricket/news/ipl-heroics-sees-narine-west-indies-sights-t20-world-cup-3588871
IPL heroics sees Narine in West Indies sights for T20 World Cup
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New task in Wolfsburg: Interview with Stefanie Heidemann-Müller: New task in Wolfsburg: The educational director Stefanie Heidemann-Müller is responsible for 15 ...
waz-online.de/lokales/wolfsburg/neue-aufgabe-in-wolfsburg-interview-mit-stefanie-heidemann-mueller-BPIIPCWG4VE35HAO2Y3RWIFQDY.html
New task in Wolfsburg: Interview with Stefanie Heidemann-Müller
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Positive Economic Data Is Still Hiding Bleak Reality for Families: While the U.S. economy seems to have dodged a recession, many families are struggling without ...
time.com/6967551/u-s-economy-childcare/
Positive Economic Data Is Still Hiding Bleak Reality for Families
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Georgia added 16,200 jobs in March; jobless rate remains at record low: With a blast of change-of-seasons hiring, the Georgia economy added more than twice the ...
ajc.com/news/atlanta-news/georgia-added-16200-jobs-in-march-jobless-rate-remains-at-record-low/YDCS5ATINRHYRLSTWLAYMN5SBY/
Georgia added 16,200 jobs in March; jobless rate remains at record low
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These Are the Busiest Airports in the World, According to a New Ranking: The Airports Council International released its preliminary rankings for the busiest ...
entrepreneur.com/business-news/what-is-the-busiest-airport-in-the-world-rankings-revealed/472730
These Are the Busiest Airports in the World, According to a New Ranking
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‘Romance scammer’ at Fort Liberty gets 3 years for taking money from widowers, divorcees
charlotteobserver.com/news/local/article287808000.html
‘Romance scammer’ at Fort Liberty gets 3 years for taking money from ...
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If history repeats, a 100-year heart disease epidemic is on the way: Some researchers suggest the 1918 influenza pandemic caused a wave of heart disease in the ...
newatlas.com/health-wellbeing/covid-flu-heart-disease-epidemic/
If history repeats, a 100-year heart disease epidemic is on the way
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Kent’s best shopping destinations from historic towns to popular centres: One Kent town centre in particular shone out above the rest
kentlive.news/news/kent-news/kents-best-places-shopping-2024-9230405
Kent’s best shopping destinations from historic towns to popular centres
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Council told it needs a plan for care homes in next pandemic: In 2021, Bath and North East Somerset had the highest rate of Covid-19 deaths in care homes in all ...
somersetlive.co.uk/news/local-news/council-told-needs-plan-care-9231250
Council told it needs a plan for care homes in next pandemic
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Lost Place: The devastated hotel in the Harburg mountains: Popular lost place in the Harburg mountains: The Berghotel Hamburg Blick - also known as Alte ...
abendblatt.de/hamburg/harburg/article242123852/Lost-Place-Das-verwuestete-Hotel-in-den-Harburger-Bergen.html
Lost Place: The devastated hotel in the Harburg mountains
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WHO Warns Threat Of Bird Flu Spreading To Humans Is ‘Great Concern’: The World Health Organization’s chief scientist warned bird flu may evolve and transmit from ...
forbes.com/sites/ariannajohnson/2024/04/18/who-warns-threat-of-bird-flu-spreading-to-humans-is-great-concern/
WHO Warns Threat Of Bird Flu Spreading To Humans Is ‘Great Concern’
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Sports clubs in Hanover are seeing more and more members: The Corona crisis appears to be overcome: Hanover's sports clubs have increasing membership numbers ...
haz.de/lokales/hannover/sportvereine-in-hannover-verzeichnen-immer-mehr-mitglieder-LK6O5PTSR5GZHHZY5ZAIJIGLUI.html
Sports clubs in Hanover are seeing more and more members
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‘A blow to the soul.’ Inflation forces Mid-Cities food pantry to close after 25 years
star-telegram.com/news/local/article287770815.html
‘A blow to the soul.’ Inflation forces Mid-Cities food pantry to close ...
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Ethics questions brewing with sale of Seattle council member’s beer business: A deal between one of the state’s largest hospitality groups and a major brewery ...
seattletimes.com/business/seattle-hospitality-giant-buys-into-city-councilmembers-fremont-brewing/
Ethics questions brewing with sale of Seattle council member’s beer ...
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Community ingenuity | kuwaittimes: Community ingenuity - Lifestyle - The global COVID-19 pandemic undeniably brought about widespread negative impacts on ...
kuwaittimes.com/article/13278/lifestyle/art-fashion/community-ingenuity/
Community ingenuity | kuwaittimes
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Remote Work Takes Priority Over Salary for Majority of US Workers, Survey Shows: Even as cities and offices reopen after the pandemic, many workers continue to ...
techtimes.com/articles/303726/20240418/remote-work-takes-priority-over-salary-for-majority-us-workers-survey-shows.htm
Remote Work Takes Priority Over Salary for Majority of US Workers ...
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St. Louis braces for $26 million earnings tax hit: New budget documents estimate the city will miss out on about 10% of current revenues from the taxes ...
stltoday.com/news/local/government-politics/st-louis-braces-for-26m-earnings-tax-hit/article_579bf1a0-fcd3-11ee-b81d-b3f9fd2d43ea.html
St. Louis braces for $26 million earnings tax hit
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KBV satisfied with quality of outpatient care: Berlin - For quality assurance, exactly 121,725 ​​patient documentations from doctors and 19 ...
aerzteblatt.de/nachrichten/150795/KBV-mit-Qualitaet-der-ambulanten-Versorgung-zufrieden
KBV satisfied with quality of outpatient care
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Redwood City moves to close Broadway to vehicles permanently: Redwood City is one of several cities on the Peninsula that established pedestrian malls and ...
mercurynews.com/2024/04/18/redwood-city-moves-to-close-broadway-to-vehicles-permanently/
Redwood City moves to close Broadway to vehicles permanently
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The Urgency of Sovereign-Debt Restructuring | by José Antonio Ocampo - Project Syndicate
project-syndicate.org/commentary/world-needs-comprehensive-debt-restructuring-mechanism-by-jose-antonio-ocampo-2024-04
The Urgency of Sovereign-Debt Restructuring | by José Antonio Ocampo - ...
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Kickl's self-proclaimed swearer: Who brought Sucharit Bhakdi to Vienna?
falter.at/blauland/20240418/kickls-selbsternannter-schwurbler-wer-holte-sucharit-bhakdi-nach-wien
Kickl's self-proclaimed swearer: Who brought Sucharit Bhakdi to Vienna?
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Wave of consolidation is rolling in: Investors are pumping more and more money into Flink
n-tv.de/wirtschaft/wirtschaft_startup/Investoren-pumpen-immer-mehr-Geld-in-Flink-article24882768.html
Wave of consolidation is rolling in: Investors are pumping more and more ...
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Marathon Monday was a boon for ridership numbers on MBTA’s Green Line: More people entered a Green Line station on Marathon Monday than any single day since ...
bostonherald.com/2024/04/18/marathon-monday-was-a-boon-for-ridership-numbers-on-mbtas-green-line/
Marathon Monday was a boon for ridership numbers on MBTA’s Green Line
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200 years of circus history in Rotenburg: The Olympia Brothers circus returns to Rotenburg after a long break. This ends a tough phase of the Corona forced break ...
kreiszeitung.de/lokales/rotenburg/rotenburg-ort120515/olympia-brothers-200-jahre-zirkusgeschichte-zu-gast-in-rotenburg-93018731.html
200 years of circus history in Rotenburg
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New dialect book - From the wire-haired dachshund James Bond: “It’s a product from the Corona era,” says Walter Thousandpounds. The 79-year-old dialect poet has ...
kurier.de/inhalt.neues-mundartbuch-vom-rauhaardackel-james-bond.62341ad2-60d9-4a43-bc24-4e4d18c4352a.html
New dialect book - From the wire-haired dachshund James Bond
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S.F. housing market: Still very few homes, selling even faster: Data shows the the number of homes being sold in the San Francisco remains below pre-pandemic ...
sfchronicle.com/realestate/article/home-sales-sf-19406202.php
S.F. housing market: Still very few homes, selling even faster
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Minister Sukhai calls on countries to redouble efforts in advancing Indigenous Peoples’ rights - Guyana Chronicle
guyanachronicle.com/2024/04/18/minister-sukhai-calls-on-countries-to-redouble-efforts-in-advancing-indigenous-peoples-rights/
Minister Sukhai calls on countries to redouble efforts in advancing ...
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Coming to terms with the corona pandemic: learning for the next virus: The consequences of the corona pandemic in the social sector are still noticeable today ...
taz.de/!6001970/
Coming to terms with the corona pandemic: learning for the next virus
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Popular national restaurant chain explores Chapter 11 bankruptcy
kansascity.com/news/business/article287758255.html
Popular national restaurant chain explores Chapter 11 bankruptcy
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Offenbach is stepping on the gas again in public transport: Especially because of the corona pandemic, Offenbach had to massively cut back on public transport ...
faz.net/aktuell/rhein-main/offenbach-gibt-wieder-gas-im-oepnv-19655831.html
Offenbach is stepping on the gas again in public transport
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State faces mounting pressure to shore up unstable jobless aid fund: California’s massive budget deficit, coupled with the state’s relatively high level of ...
latimes.com/business/story/2024-04-18/california-borrowed-billions-to-pay-jobless-benefits-but-now-its-come-home-to-roost
State faces mounting pressure to shore up unstable jobless aid fund
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No school progress measure for next two years: There will be no progress 8 replacement for the next two years due to the lack of SATs data from the pandemic
schoolsweek.co.uk/no-school-progress-measure-for-next-two-years/
No school progress measure for next two years
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What a Queens Florist Teaches Entrepreneurs About Small-Business Resilience: The story of the past few years of Ditmars Flower Shop's fortunes lays bare the ...
inc.com/bruce-crumley/what-a-queens-florist-teaches-entrepreneurs-about-small-business-resilience.html
What a Queens Florist Teaches Entrepreneurs About Small-Business ...
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Maria Laach: Extensive offer for tourists: Maria Laach Abbey has a new head of administration. In the GA interview, Steffen Steckbauer explains how he wants to ...
ga.de/region/ahr-und-rhein/mehr-von-ahr-und-rhein/maria-laach-umfangreiches-angebot-fuer-touristen_aid-110738101
Maria Laach: Extensive offer for tourists
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How long can Elon Musk run Tesla and so many other companies?: Elon Musk does lots of things and Wall Street has said that's fine. Is that going to continue as ...
businessinsider.com/elon-musk-ceo-tesla-spacex-twitter-too-many-companies-2024-4
How long can Elon Musk run Tesla and so many other companies?
Quick Glance: Tesla: Layoffs and Elon Musk's Reality Check
  • Tesla is planning a major layoff to prepare for the future.

  • Elon Musk's grasp on reality is questioned as Tesla performs mediocre in the automotive industry.

  • Tesla experiences a decline in revenue margin compared to other automakers.

  • The success of Tesla's future depends on the implementation of autonomous driving technology.
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Incarcerated people died 3.5 times more frequently at Covid peak than those outside – report
theguardian.com/us-news/2024/apr/18/incarcerated-people-covid-death-rates
Incarcerated people died 3.5 times more frequently at Covid peak than ...
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Here Sisyphus's ball is stuck in Prenzlauer Berg: Victory design by a Swiss artist: Sisyphus' ball stuck to a Berlin school gym - and leaves passersby guessing.
morgenpost.de/bezirke/pankow/article242117260/Hier-klemmt-die-Kugel-des-Sisyphos-in-Prenzlauer-Berg.html
Here Sisyphus's ball is stuck in Prenzlauer Berg
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This is what is known so far about corona vaccination damage in Saarland: In the Saarland state parliament, a government representative gave details about the ...
saarbruecker-zeitung.de/saarland/landespolitik/das-ist-bisher-ueber-corona-impfschaeden-im-saarland-bekannt_aid-110851357
This is what is known so far about corona vaccination damage in Saarland
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Despite positive developments: Italy's GDP is below the EU average: According to statistics, Italy has recovered from the pandemic like no other EU country ...
de.euronews.com/2024/04/17/trotz-positiver-entwicklung-italiens-bip-liegt-unter-eu-durchschnitt
Despite positive developments: Italy's GDP is below the EU average
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A record three million foreigners visited in March: More than three million foreigners visited Japan in March, a record for a single month ...
thestar.com.my/aseanplus/aseanplus-news/2024/04/18/a-record-three-million-foreigners-visited-in-march
A record three million foreigners visited in March
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Business boom: Record numbers are forming small startups: NEW YORK — Record numbers of people are starting new businesses, and more and more of them are women ...
postandcourier.com/business-boom-record-numbers-are-forming-small-startups/article_9dcc461e-fc3a-11ee-9590-f7acd25992c1.html
Business boom: Record numbers are forming small startups
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Stakeholders demand reforms in social interventions: In February, about seven people reportedly lost their lives in a stampede at the Nigeria Customs Service ...
punchng.com/stakeholders-demand-reforms-in-social-interventions/
Stakeholders demand reforms in social interventions
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Downtown Cincinnati recovering faster than most major metros, new data shows: Cincinnati has surged near the top of U.S. cities where downtown foot traffic is ...
cincinnati.com/story/news/2024/04/17/foot-traffic-returns-downtown-cincinnati-after-the-pandemic/73291040007/
Downtown Cincinnati recovering faster than most major metros ...
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Concert metropolis Cologne: concept should enable new open-air areas: Cologne is considered a concert metropolis. But while the arena and stadium attract tons of ...
rundschau-online.de/koeln/koeln-konzept-soll-neue-open-air-flaechen-ermoeglichen-777767
Concert metropolis Cologne: concept should enable new open-air areas
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MLB Valuations 2024: The average Major League Baseball team is now worth $2.4 billion, 4% more than a year ago. With the exception of 2021— when the Covid-19 ...
trib.al/z9YMTkD
MLB Valuations 2024
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German Bundestag: Committee debates possible RTI debt relief: Because the pandemic caused heavy losses in the travel industry, FTI was only able to survive with ...
fvw.de/touristik/vertrieb/deutscher-bundestag-ausschuss-debattiert-ueber-etwaigen-fti-schuldenerlass-242303
German Bundestag: Committee debates possible RTI debt relief
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Quick Glance: IMF Warns of Fiscal Deficits in US and China
  • The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.

  • Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.

  • In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.

  • The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
Profile picture of Bloomberg
Truist (TFC) Calls Investment Banking Staff Back to Office Five Days a Week: Truist Financial Corp. told its investment-banking staff that they must now be in ...
bloomberg.com/news/articles/2024-04-17/truist-calls-investment-banking-staff-to-office-five-days-a-week
Truist (TFC) Calls Investment Banking Staff Back to Office Five Days a ...
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US Customs aid in multimillion-dollar drug bust: MIAMI, United States (CMC) — The United States Customs and Border Protection (CBP) agency says it has disrupted ...
jamaicaobserver.com/2024/04/17/us-customs-aid-multimillion-dollar-drug-bust/
US Customs aid in multimillion-dollar drug bust
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Las Vegas Sands’ (LVS) Sales, Earnings Beat on Macau Recovery, Singapore Gains: Las Vegas Sands Corp. reported first-quarter sales and profit that exceeded ...
bloomberg.com/news/articles/2024-04-17/sands-sales-earnings-beat-on-macau-recovery-singapore-gains
Las Vegas Sands’ (LVS) Sales, Earnings Beat on Macau Recovery ...
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Consortium buys travel provider FTI for one euro: The fear for the tour operator FTI is over. A consortium led by the US financial investor Certares is taking ...
faz.net/aktuell/wirtschaft/konsortium-kauft-reiseanbieter-fti-fuer-einen-euro-19657199.html
Consortium buys travel provider FTI for one euro
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The 16 Messages That Led to Love: Readers of the Modern Love column share the banter, emojis and wit that made them fall for each other.
nytimes.com/interactive/2024/04/17/magazine/first-messsages-love.html
The 16 Messages That Led to Love
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South Thuringia - The mood in the trades is bad again: Corona has hit the South Thuringian craft industry hard. Then things went up again ...
insuedthueringen.de/inhalt.suedthueringen-im-handwerk-ist-die-stimmung-wieder-schlecht.ae8ab9e8-9fbf-407e-9d1b-0811dcaf3d19.html
South Thuringia - The mood in the trades is bad again
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These Are Best Cities in the World for Remote Workers, According to a New Ranking
entrepreneur.com/business-news/these-are-the-best-cities-in-the-world-for-remote-workers/472806
These Are Best Cities in the World for Remote Workers, According to a New ...
Profile picture of The Kansas City Star
McDonald’s is bringing back a discontinued favorite: Several of McDonald’s breakfast menu items were cut during the pandemic.
kansascity.com/news/business/article287632100.html
McDonald’s is bringing back a discontinued favorite
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Homebuying season: What recent data suggests for 2024: This analysis of six years of housing market data tells the story of disruption, recovery and what we can ...
bostonherald.com/2024/04/17/homebuying-season-what-recent-data-suggests-for-2024/
Homebuying season: What recent data suggests for 2024
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Millennials without a midlife crisis: Crises and techno instead of Porsche: Millennials have experienced so many crises in their adult lives that they usually ...
taz.de/!6004616/
Millennials without a midlife crisis: Crises and techno instead of Porsche
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Pay was starting to outpace US inflation. Can it keep up?: Stubborn inflation is not only upsetting investors who await interest rate cuts ...
csmonitor.com/Business/2024/0416/worker-pay-wages-inflation-economy
Pay was starting to outpace US inflation. Can it keep up?
Quick Glance: Powell Warns of Lack of Progress on Inflation
  • Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.

  • Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.

  • Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.

  • Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.