The Federal Reserve’s main tool for managing the economy is to change the federal funds rate, which can affect not only borrowing costs for consumers but also shape broader decisions by companies like how many people to hire. WSJ explains how the Fed manipulates this one rate to guide the entire economy. Illustration: Jacob Reynolds…
COLOMBO: Sri Lanka’s central bank kept interest rates unchanged on Friday (Sep 27) in line with expectations, citing domestic and global uncertainties, but said inflation was likely to remain low and the economy was doing much better than initially expected. The Central Bank of Sri Lanka (CBSL) kept the St Source
Jeanette Mack from Navy Federal Credit Union is back to help you understand different mortgage options. Source
With plenty of hotels and food options, Singapore’s Changi Airport is ideal for an early flight. The UK’s Stansted? Not so much. Source
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