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US inflation fight will take 'further time': senior Fed official
US inflation fight will take 'further time': senior Fed official
Business and Economy
by  AFP

The US Federal Reserve should keep interest rates at their current elevated levels for longer than previously expected due to disappointing recent inflation data, a senior bank official said Monday. "We are not yet all the way to our target of two percent," he said in prepared remarks, noting the "disappointing" recent inflation data.

Ruto on first state visit by Kenyan leader to US in two decades
Ruto on first state visit by Kenyan leader to US in two decades
Business and Economy
by  AFP

Kenyan President William Ruto meets his US counterpart Joe Biden in Washington this week, with the crisis in Haiti and efforts to build trade ties likely to top the agenda. Thursday's Biden-Ruto talks will focus on trade and security partnerships including Kenya's pledge to lead a UN-backed multinational mission seeking to restore order in Haiti, which has been wracked by gang-fuelled anarchy.