Fed leaves rates unchanged, says inflation close to target

Fed leaves rates unchanged, says inflation close to target

U.S. Federal Reserve officials left interest rates unchanged, acknowledging inflation is close to target without indicating any intention to veer from their gradual path of interest-rate increases. “Inflation on a 12-month basis is expected to run near the committee’s symmetric 2 per cent objective over the medium term,” the policy-setting Federal Open Market Committee said…

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Gun politics after Parkland

Gun politics after Parkland

IN THE months since a teenage gunman slaughtered 17 people at Stoneman Douglas High School in Parkland, Florida in February, a student-led campaign has organised two mass walkouts from schools and country-wide demonstrations. On May 4th, President Donald Trump and Mike Pence, the vice-president, will appear at the National Rifle Association’s annual convention in Dallas—suggesting…

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