Fed slashes 2014 US growth forecast
Fed slashes 2014 US growth forecast
Washington - AFP
The Federal Reserve slashed its 2014 growth forecast for the US economy Wednesday to 2.1-2.3 percent after a deeper-than-expected contraction in the first quarter of the year.
In March the Fed forecast growth at 2.8-3.0 percent, before the depth of the winter setback, partially due to extremely harsh weather across much of the country, was known.
But central bank policymakers stuck to their prediction for growth of 3.0-3.2 percent in 2015, with inflation holding at around 2 percent.
They also see the unemployment rate, a key indicator for monetary policy, falling from the current 6.3 percent to 6.0-6.1 percent by year-end, and 5.4-5.7 percent in 2015, both slightly lower than previously forecast
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in January
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
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
GMT 15:42 2016 Saturday ,01 October
Nepal to take initiative finalizing fresh date for holding SAARC Summit
GMT 23:51 2017 Thursday ,31 August
December22nd-January20th
GMT 04:07 2017 Tuesday ,29 August
Farmers being encouraged to boost soybean production
GMT 08:37 2017 Monday ,23 January
Iraqi refugee volunteers brave chill
GMT 14:59 2017 Monday ,02 January
Ebola vaccine 'up to 100% effective'
GMT 17:10 2017 Thursday ,11 May
IS says it beheads Russian officer in Syria
GMT 13:24 2017 Saturday ,05 August
Muslim prayer hall in Corsica attacked
GMT 22:59 2016 Saturday ,03 September
Israeli Naval Forces Open Fire At Palestinian Fishermen Off Gaza Coast
GMT 10:40 2017 Friday ,10 March
Dominican Republic hammers Canada in WBC opener
GMT 20:32 2017 Monday ,18 September
UAE Consul General participates in Defence Day of Pakistan
GMT 11:40 2017 Monday ,18 September
Russia and Iraq restore air travel
GMT 11:45 2017 Sunday ,12 February
4 things to support your heart health
GMT 01:20 2017 Monday ,11 September
Floods in Thailand's northeast kill 23
GMT 05:35 2017 Thursday ,12 October
Over 5,000 jobs will be created in GCC
GMT 10:08 2017 Saturday ,25 November
Zimbabwe court rules military takeover legal
GMT 21:38 2018 Friday ,14 September
Chaudhry Fawad condemns Pishin blast
GMT 17:36 2018 Thursday ,13 September
HRH Premier thanked by Moroccan PM
GMT 19:29 2018 Friday ,19 January
Cowardly attack on civilians in Iraq
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor