US Fed officials say they may need to raise rates 'fairly soon'
Federal Reserve Bank
Washington – AFP
US central bankers say they may need to increase the key lending rate "fairly soon," but are concerned about the uncertainty of President Donald Trump's tax and spending policies, according to the minutes of their last meeting published Wednesday.
Federal Reserve officials said their outlook for the economy and interest rates had not changed much since December, when they indicated three rate hikes were likely this year.
They still expect to only need gradual rate increases if the economy continues to grow at a moderate pace, according to the minutes of the January 31-February 1 monetary policy meeting.
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Brussels - Muslimchronicle
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Russians challenge doping ban
Geneva - Muslimchronicle
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Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
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To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led hisGMT 08:32 2011 Monday ,25 July
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Maintained and developed by Arabs Today Group SAL.
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