CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

US Fed takes note

Published: 30 Jul 2014 - 11:59 pm | Last Updated: 26 Jan 2022 - 09:40 pm

Traders monitor prices in the CBOE Volatility Index (VIX) pit at the Chicago Board Options Exchange yesterday in Chicago, Illinois. The Federal Reserve upgraded its assessment of the US economy, taking note of a decline in the jobless rate and signalling more comfort that inflation was moving up towards its target.