The US Federal Reserve kept interest rates unchanged on Wednesday, signaling confidence in the economy’s underlying momentum while resisting growing political pressure to ease policy.
Federal Reserve Chair Jerome Powell on Sunday delivered an unusually direct rebuke of the administration of President Donald Trump, accusing it of trying to intimidate the independent central bank in an effort to force him from office.
The Federal Reserve cut interest rates by a quarter percentage point on Wednesday after noting cooler labor-market momentum and persistent uncertainty surrounding the economic outlook.
The Federal Reserve lowered its benchmark interest rate Wednesday for the second time this year, aiming to support economic growth and hiring even as inflation remains elevated. But Fed Chairman Jerome Powell cautioned that another cut at the central bank meeting in December is far from certain.
Treasury bill rates continued to ease this week as investors bet on the growing likelihood of monetary policy easing, following softer-than-expected inflation data in the US.
Members of The Ateneo de Manila Grade School and High School Golf team individually garnered strong finishes at the recently concluded US Kids Philippines Fall Season Tour at Eagle Ridge Golf and Country Club last September 26-27, 2026.
Prime Waste Solutions (PWS) is broadening its environmental initiatives in host communities, complementing its large-scale waste management operations with coastal cleanup, reforestation and recycling programs.
Metro Retail Stores Group Inc. (MRSGI) is expanding in Eastern Visayas with a new retail hub in Ormoc City, aiming to deepen its regional presence while opening a new commercial channel for local businesses and producers.