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The Federal Reserve raises interest rates for the fourth time this year

July 28, 2022 by Abdessamad Hamza Boukhari

The Federal Reserve raises interest rates for the fourth time this year

The Federal Reserve took an aggressive step on Wednesday to combat soaring inflation by announcing another larger-than-usual interest rate hike of three-quarters of a percentage point. The increase comes as central bank officials face a difficult balancing act: driving down prices amid growing … [Read more...] about The Federal Reserve raises interest rates for the fourth time this year

Filed Under: Business Tagged With: economy, Federal Reserve, Federal Reserve Board, Inflation, Jerome Powell

‘Lease-purchase’ financing plan is best option for River Town Hall, says Durango Fire Chief – The Durango Herald

July 28, 2022 by Abdessamad Hamza Boukhari

'Lease-purchase' financing plan is best option for River Town Hall, says Durango Fire Chief - The Durango Herald

City Council and DFPD explore funding options that avoid TABOR restrictions Staff members at Durango Fire Protection District Station 2, attached to River City Hall, are forced to park fire and rescue trucks at odd angles to get them behind doors of the bay. … [Read more...] about ‘Lease-purchase’ financing plan is best option for River Town Hall, says Durango Fire Chief – The Durango Herald

Filed Under: Finance

Who is the World Bank’s new chief economist, Indermit Gill?

July 28, 2022 by Abdessamad Hamza Boukhari

Indermit Gill

Indermit Gill is the second Indian to hold the coveted position of chief economist at the World Bank after Kaushik Basu. Basu served from 2012 to 2016. Other prominent Indian-born economists Raghuram Rajan and Gita Gopinath served as chief economists … [Read more...] about Who is the World Bank’s new chief economist, Indermit Gill?

Filed Under: Economics Tagged With: Development, Economist, economy, Head of the World Bank, Invalidate Gill, SMT, The morning show, Vice President World Bank, world Bank, World Bank Chief Economist

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