How does the Fed rate affect car loans? The Federal Reserve is a complex aspect of the American economic system. The Fed determines how much it costs to borrow money at its eight or so meetings each year. One of its jobs is to set a benchmark interest rate for short-term consumer lending, which private … Read more
The Federal Reserve chose to postpone further rate cuts for the time being and maintain interest rates at its initial meeting of the year, allowing officials to evaluate whether inflation is decreasing and the potential effects of President Donald Trump’s policies on the U.S. economy. The decision indicates that the Federal Open Market Committee (FOMC) … Read more
AstraZeneca has scrapped its £450 million. In a significant setback for the UK government’s efforts to boost economic growth and enhance the country’s life sciences sector, pharmaceutical giant AstraZeneca has announced that it will scrap its £450 million investment allocated for a vaccine manufacturing facility in Merseyside. The decision comes after months of negotiations with … Read more