International
Fed holds interest rates steady amid economic uncertainty
US Federal Reserve (Fed) has opted to maintain the target range for the federal funds rate at 4.25 to 4.5 per cent, as economic indicators suggest continued solid expansion despite rising uncertainty.Insights
- US Federal Reserve has kept interest rates steady at 4.25 to 4.5 per cent, citing strong economic activity, low unemployment, and persistent inflation.
- The Fed will slow its balance sheet reduction, cutting Treasury redemptions from $25 billion to $5 billion monthly.
- Economic uncertainty has increased, and the Fed remains flexible on future adjustments.
Canadian Prime Minister Mark Carney has dismissed as "absurd" a recent comment from a senior U.S. official suggesting that Canada should become the 51st state. Responding to reporters after his swearing-in ceremony, Carney provided a straightforward reaction to U.S. Secretary of State Marco Rubio's statement about Canada's sovereignty. "That's absurd," Carney said succinctly. "That's all."Israel strikes in Gaza kills 121
Carney rejects US official’s Canada statehood proposal
Mark Carney wins to replace Trudeau as Canada PM
"We cannot let him succeed," added the 59-year-old, who will take over from outgoing Liberal leader, Prime Minister Justin Trudea...
Canada to name new leader to deal Trump’s trade war
The opposition Conservatives hoped to make the election about Trudeau, whose popularity declined as food and housing prices ...

















