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US Fed likely to hold rates again despite strong economic growth
US Fed likely to hold rates again despite strong economic growth
by  AFP

The Federal Reserve is widely expected to announce Wednesday that it will keep interest rates at a 22-year high in a bid to tackle inflation without harming the buoyant US economy. However, economic growth has remained surprisingly robust, solidifying expectations of a so-called "soft landing," when the Fed smoothly brings down inflation without tanking the economy.

'AI' named Collins Word of the Year
'AI' named Collins Word of the Year
by  AFP

The abbreviation of artificial intelligence (AI) has been named the Collins Word of the Year for 2023, the dictionary publisher said on Tuesday. Lexicographers at Collins Dictionary said use of the term had "accelerated" and that it had become the dominant conversation of 2023.

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