The Federal Reserve has decided to keep interest rates steady after a report showed inflation rising at a slower pace than expected. This decision indicates that the Fed is closely monitoring economic indicators and adjusting its policies accordingly. Investors are eagerly awaiting further updates from the central bank on its plans for future rate hikes.
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Reeves to go ‘further and faster’ for growth after recent turmoil
In response to grim UK economic data, Chancellor Rachel Reeves is pursuing an aggressive growth agenda, including supporting investment projects and deregulation, despite criticism from Labour and the Tories. Reeves is focusing on boosting investment, such as backing a Universal theme park near Bedford and negotiating with AstraZeneca for a vaccine manufacturing site in Speke, while also signaling support for a £9bn highway and tunnel in east London. Additionally, Reeves is reviewing the "green book"...
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