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The Federal Reserve has raised interest rates for the seventh time this year, while signaling that it is moving more cautiously as the U.S. economy slows.The Fed s rate-setting committee hiked its benchmark rate by 0.5 percentage point on Wednesday, lifting its target rate into a range between 4.25% and 4.5% mdash;the highest level in 15 years. The federal funds rate affects the cost of borrowing for consumers and businesses throughout the economy.The half-percentage-point increase marks a step-down from a string of bigger interest rate hikes this summer, when the Fed made four consecutive 0.75% jumps in an effort to curb the most ferocious bout of inflation in four decades. In a nearly identical statement to the one it issued last month, the Fe stanley cup d sai stanley cup d the economy is seeing modest growth and that inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures. Federal Reserve raises interest rates for seventh time this year 14:17 Notably, policymakers indicated they plan to keep raising rates, but suggested they would proceed more slo stanley cup wly than this year. We are seeing the effects on demand in the most interest-sensitive sectors of the economy such as housing. It Cbhv Mobile, Alabama officers homeless quilt Facebook post sparks controversy
LAS VEGAS mdash; Lady Gaga will join a list of superstars with regularly scheduled shows in Las Vegas in 2018, when she kicks off a two-year residency in December.The singer posted on Twitter that she will be performing at MGM s Park Theater, and says it has been her lifelong dream to be a Las Vegas girl. In a statement, she adds that she is humbled to be joining a historic lineup of performers like adidas campus Vegas legends Tony Bennett and Frank Sinatra, and promises her new show will be unlike anything Vegas has ever seen before. The rumors are true! I will have my own residency at MGMrsquo Park Theater. Get ready for a brand new show!! Itrsquo been my lifelong dream to be a Las Vegas girl, Irsquo;m so overjoyed! LOVE YOU LITTLE MONSTERS WE DID IT, MEET ME IN Las Vegas!! LasVegasGoesGaga pic.twitter/UhPdW5wgXumdash; Lady Gaga @ladygaga December 19, 2017 The announcement comes at the end of a successful year for the superstar that included a stunning Super Bowl performance and a sold-out tour. MGM Resorts International did not immediately announce performance dates at the Park Theater. But a statement on t adidas samba he theater s website says performance dates and ticket information is expected in the coming month stanley cups s. The 5,300-seat venue is formerly known as the Monte Carlo. It previously hosted the residencies of Cher and Ricky Martin. Music |
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