Fed minutes: Future rate hikes will be gradual
US Fedral reserve
Washington - Arab Today
Minutes of the Federal Reserve's December meeting showed Wednesday that the participants foresaw only a "gradual" series of interest rate hikes following the first one unanimously agreed at that meeting.
The minutes showed that some participants were only marginally in favor of undertaking the Fed's first rate hike in more than nine years, amid a general belief that it will take some time before inflation rises to the central bank's two percent target.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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