Author: Bijoy Daniel

By CHRISTOPHER RUGABER (AP Economics Writer) WASHINGTON (AP) — Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said Wednesday, despite recent reports showing that the U.S. economy is still strong and that U.S. inflation picked up in January and February. “The recent data do not … materially […]

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Federal Reserve officials are likely to lower their benchmark interest rate later this year, Chair Jerome Powell said. This is despite recent reports showing that the U.S. economy is still strong and that U.S. inflation increased in January and February. Powell stated, "The recent data do not … materially …"

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Former President Trump’s campaign and the Republican National Committee (RNC) raised $65.6 million in March, leaders for the two operations announced Wednesday, a sizable haul after fundraising lagged in the first two months of the year. The two organizations, which merged last month after Trump became the presumptive Republican nominee, ended March with $93.1 million…

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