AP The Federal Reserve’s credibility is increasingly under scrutiny as it insists on raising interest rates despite signs of continued weakness in the labor market and, importantly, an inflation rate that refuses to climb to the central bank’s official 2% target. Fed officials often say their decisions about interest rates are data-dependent. However, this description […]
Tag: ‘rosy
'Optimism far from reality': Moscow dismisses West's ‘rosy forecasts’ on Raqqa offensive
Moscow has questioned the Western coalition’s optimism about soon recapturing Raqqa from Islamic State, saying only international cooperation can help liberate the city. However, it is exactly coordinated partnership on various fronts that is lacking. The “very hard but essential” battle for Raqqa is just days away, French Defense Minister Jean-Yves Le Drian claimed on […]