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US Fed's inflation fight remains on track despite recent uptick: Powell
US Fed's inflation fight remains on track despite recent uptick: Powell
Economy
by  AFP

The recent rise in US inflation hasn't stalled the Federal Reserve's ongoing fight against rising prices, Fed chair Jerome Powell said Friday, shortly after the publication of fresh government data. He said that while the recent inflation data were higher than the Fed would have liked, the February figures were "definitely more along the lines of what we want to see."

US outlet Radio Free Asia closes Hong Kong office over security law fears
US outlet Radio Free Asia closes Hong Kong office over security law fears
Economy
by  AFP

The US news outlet Radio Free Asia (RFA) said Friday that it had closed its office in Hong Kong over staff safety concerns after the city enacted a new national security law. RFA president and CEO Bay Fang said in a statement that the company no longer had full-time staff in Hong Kong and has closed its physical office, citing "concerns about the safety of RFA staff and reporters".