Officials say a Michigan police officer charged with murder after shooting Patrick Lyoya in the back of the head has been fired
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Wednesday, 15 June 2022
Text of the Federal Reserve's statement after its meeting
Below is the statement the Fed released Wednesday after its policy meeting ended: Overall economic activity appears to have picked up after edging down in the first quarter. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures. The invasion of Ukraine by Russia is causing tremendous human and economic hardship. The invasion and related events are creating additional upward pressure on inflation and are weighing on global economic activity. In addition, COVID-related lockdowns in China are likely to exacerbate supply chain disruptions. The Committee is highly attentive to inflation risks. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 1‑1/2...
from ABC News: US https://ift.tt/t2QwjZh
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from ABC News: US https://ift.tt/t2QwjZh
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John Hinckley Jr., who shot and wounded President Reagan in '81, freed from court oversight after decades of supervision
Michigan police officer is fired after being charged with murder in the shooting of Patrick Lyoya
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