Grace Reynolds eased the car smoothly away from traffic lights, overtook a stopped double-decker bus, then deftly navigated a street narrowed by vehicles parked on either side. During her lesson in north London in March, Ms. Reynolds, 29, drove well enough to pass a test for her driver’s license, according to her instructor, Dean Batchelor,…
Investing.com — The Federal Reserve on Wednesday held interest rates steady as widely expected, in what is anticipated to be the final policy move by the central bank under the leadership of chair Jerome Powell. The Federal Open Market Committee (FOMC) maintained the federal funds rate at 3.50%-3.75% for a third straight meeting. “Recent indicators suggest…
Consumers who have been waiting for borrowing costs to drop will have to keep waiting: With inflation elevated, the Federal Reserve is expected to keep interest rates unchanged on Wednesday, a stance it has held since December. “The Fed is in wait-and-see mode, and that likely means no immediate rate cuts,” said Matt Schulz, chief…
This week’s Federal Reserve meeting is set to be Jerome H. Powell’s last as chair of the central bank. But the “wait and see” policy path that he carefully carved out amid resurgent inflation risks is likely to stay intact long after he leaves the top job. On Wednesday morning, President Trump’s handpicked successor, Kevin…
Shorouk Express The Balkans Materials 24 September 2025 08:33 (UTC +04:00) Photo: Croatian Bureau of Statistics Croatia recorded a slight drop in employment in August 2025 compared to the previous month, while unemployment rose. Despite the monthly decline, overall employment remained higher than in the same period last year. Access to paid…
Shorouk Express The Bank has guided all year that inflation would rise through the summer due to base effects, notably from the increase to regulated energy bills in April. It expects inflation to peak around September before underlying weakness in the economy pushes it back down toward 2 percent next year. The British government could…
Shorouk Express BAKU, Azerbaijan, July 9. The short-term depreciation of the nominal effective exchange rate of the manat in the current conditions may have a limited increasing effect on the prices of goods and services imported from the eurozone, the Central Bank of Azerbaijan (CBA) told Trend. It was observed that there exist three determinants…
Shorouk Express BAKU, Azerbaijan, June 4. Approximately 270 MW of small hydropower plants (SHPPs) are currently in operation in Azerbaijan’s liberated territories, First Deputy Vice President of Azerenerji Yusif Garayev said during the session titled “Electricity Generation and Grid Infrastructure Development: The Future of Energy Supply,” held as part of the 30th Anniversary Baku Energy…
Shorouk Express Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email Wage growth has slowed and unemployment is rising, according to the latest figures from the Office for National Statistics (ONS). The statistical office…
Shorouk Express Union Unite calls Bank’s interest rate cut ‘long overdue’ Trade union Unite called the Bank of England’s interest rate cut “long overdue” on Thursday. Unite general secretary Sharon Graham said: “This cut to interest rates is necessary and long overdue. “However, we will need more serious action to reverse over a decade of…
