Jjdm House Dems press FBI on Russia, possible link to Trump camp
WASHINGTON AP 鈥?Higher mortgage rates have sent聽home sales tumbling. Credit card rates have grown more burdensome, and so have auto loans. Savers are finally receiving yields that are actually visible, while crypto assets are reeling.The Federal Reserve move Wednesday to further tighten credit raised its benchmark interest rate by a sizable 0.75 per
stanley cup centage point for a second straight time. The Fed latest
stanley cup hike, its fourth since March, will further magnify borrowing costs for homes, cars and credit cards, though many borrowers may not feel the impact immediately.The central bank is aggressively raising borrowing costs to try to slow spending, cool the economy
stanley cup and defeat the聽worst outbreak of inflation聽in two generations.WATCH: Federal Reserve unleashes another big rate hike in bid to curb inflationThe Fed actions have ended, for now, an era of ultra-low rates that arose from the 2008-2009 Great Recession to help rescue the economy 鈥?and then re-emerged during the brutal pandemic recession, when the Fed slashed its benchmark rate back to near zero.Chair Jerome Powell hopes that by making borrowing more expensive, the Fed will succeed in slowing demand for homes, cars and other goods and services. Reduced spending could then help bring inflation, most recently measured at a four-decade high of 9.1 percent, back to the Fed 2 percent target.Yet the risks are high. A series of higher rates could tip聽the U.S. economy into recession. That would mean h Itzh WATCH: Trump holds rally in Arizona
Nigerian refugees wait to
adidas campus be registered by UNHCR in Ngouboua, western Chad. Credit: Chadian Red Cross / H Abdoulaye pic.twitter/gnYJFyhegqmdash; UNHCRNews @RefugeesMedia January 9, 2015More than 7,000 people fleeing deadly attacks by Boko Haram in Nigeria have spilled o
stanley cup ver the border and
adidas og into neighboring Chad, the United Nations High Commissioner for Refugees said on Friday.In response, Chad Prime Minister Kalzeubet Pahimi, pleaded to the international community for support in handling the influx of refugees, Reuters reported. Chad President Idriss D茅by has increased security in the border region due to the violence and also supports peace talks between Nigeria and the militants.Since last weekend, Boko Haram has razed more than a dozen villages in the northeastern region of Nigeria, including the town of Baga, where it seized control of a military base. Thousands are unaccounted for and feared dead, in what could be the militant group deadliest attacks on record.Nigeria northeastern region has been the scene of a five-year battle by insurgents to establish an Islamist state, The Guardian reported.In September, the U.N. refugee agency called on donors for $34 million to help fund protection and life-saving aid to more than 75,000 refugees in Chad, Cameroon and Niger, who have fled the escalating violence in Nigeria Adamawa, Borno and Yobe states.In Borno state capital and largest city, Maiduguri, a bomb worn by a young girl k