Jay Powell says Federal Reserve in no ‘hurry’ to lower interest rates further

Jay Powell says Federal Reserve in no ‘hurry’ to lower interest rates further

Keep knowledgeable with free updates Merely signal as much as the US economic system myFT Digest — delivered on to your inbox. Jay Powell backed a gradual method to reducing rates of interest, saying the US central financial institution doesn’t must be “in a rush” amid a robust economic system and a “bumpy” path down … Read more

No ‘island of garbage’ here, Puerto Rico’s new marine reserve

No ‘island of garbage’ here, Puerto Rico’s new marine reserve

Credit: Unsplash/CC0 Public Domain The Caribbean US territory of Puerto Rico, likened to a “floating island of garbage” at a Republican rally in New York, on Wednesday announced the creation of a new marine reserve to protect manatees and other species. The announcement at the UN’s COP16 biodiversity summit in Cali, Colombia, came amid an … Read more