Offstream
news

United States Chair of the Federal Reserve Jerome Powell states that increased unemployment rates and labor market cooling has made it necessary for the Federal Reserve to markedly reduce interest rates in the near future.
2024-08-23

The Federal Reserve raises its benchmark interest rate by 0.75 percentage point, to 3.75%, the highest rate since January 2008, amid surging inflation in the United States. Federal Reserve chairman Jerome Powell warns that further rate increases are likely.
2022-11-2

The Federal Reserve raises its benchmark interest rate by 0.75% to a target range of between 1.5% and 1.75% amid surging inflation. It is the largest interest rate increase in the United States since 1994.
2022-06-15

The United States Federal Reserve announces that it is raising interest rates by 0.5%, which is the largest interest rate hike since 2000, in order to combat growing inflation.
2022-05-4

The African Land Forces Summit opens in Abuja, Nigeria. Present are military delegations from 30 African nations plus representatives from Europe and the United States.
2018-05-1

Robert Kaplan, head of the Federal Reserve Bank of Dallas, says that low bond yields suggest sluggish growth ahead for the economy of the United States.
2017-06-20

An autopsy finds that the death of United States actor Gary Coleman in Salt Lake City, Utah was an accident.
2010-10-6

Ben Bernanke, the Chair of the Federal Reserve, says the United States Federal Reserve is prepared to act against the prospects of deflation but expects economic growth to continue during the latter half of 2010 "albeit at a relatively modest pace."
2010-08-27

Former dictator of Panama, Manuel Noriega is extradited from the United States to France.
2010-04-26

A spokesman for U.S. President Barack Obama expresses the administration's support for a second term for the incumbent Chairman of the Federal Reserve, Ben Bernanke, and says lawmakers would send a bad message by "playing politics in any way" with Bernanke's confirmation.
2010-01-24