Fed Chair Yellen: US rate increase likely later this year
US Federal Reserve
Washington - Arab Today
US Federal Reserve chief Janet Yellen said Thursday that she still expects to increase interest rates in 2015 and that concerns about weaker global growth likely will not affect that plan.
Yellen said improvements in the US economy "will likely entail an initial increase in the federal funds rate later this year."
Policymakers will continue to monitor weaker activity overseas, she said, but the impact will probably not be "large enough to have a significant effect on the path for policy."
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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