Federal Reserve officials consider the United States economy could be ready for another interest rate increase in June, according to the minutes from the central bank's April policy meeting released on Wednesday. Most participants in the policy-setting committee's April 26-27 meeting said they wanted to see signs that economic growth was picking up in the second quarter and that employment and inflation were firming, the minutes showed.
Argentina and the United States are in the process of reestablishing strong defense links after a hiatus of seven years following this week's visit to the Pentagon of a high profile delegation from the ministry of defense which addressed several issues of mutual interest and common strategies.
US consumer prices rose at their fastest pace in three years in April as energy prices climbed, figures show. The Labor Department's Consumer Price Index rose 0.4% last month, the biggest one-month increase since February 2013.
Downing Street has said that Prime Minister David Cameron stands by his criticism of Donald Trump but will work with whoever is elected US president. UK PM has called the Republican hopeful stupid, divisive and wrong over his call for a temporary ban on Muslims entering the US.
United States continues to follow political development in Brazil and is confident that the country will work through its political challenges democratically in accordance with its constitutional principles, said the State Department spokesperson on Thursday in reply to a question on current events in Brasilia.
Venezuela's foreign minister accused the United States of conspiring to topple President Nicolás Maduro's government in conjunction with Venezuela's opposition. Minister Delcy Rodríguez says the plot includes attempting to remove Maduro's government from the Organization of American States in conjunction with the organization's secretary-general, Luis Almagro.
United States Speaker of the Lower House and one of the most powerful members of the Republican party, Paul D. Ryan thrust open Thursday the discomfort that many party members are feeling about Donald Trump as their presumed presidential nominee, withholding his support and deepening the fracture between the outsider candidate and the party he hopes to lead.
Texas Sen. Ted Cruz cleared the path on Tuesday night for Donald Trump to claim the Republican presidential nomination, suspending his underdog campaign following a crushing defeat in the Indiana primary, allowing the billionaire businessman to effectively leave the raucous primary behind and turn his attention squarely to the general election.“We’re gonna win in November,” Trump said.
The first US cruise ship bound for Cuba in half a century set sail from Florida on Sunday, marking a new milestone in the rapprochement between Washington and Havana. The Adonia, a vessel from the Carnival cruise's Fathom line, raised its anchors and departed from Miami, the heart of the Cuban diaspora in the United States, around 4:00 pm.
The U.S. Federal Reserve did what many expected on Wednesday as it left its key interest rate range unchanged. The central bank maintained its overnight lending rate for banks at a target range of between 0.25 and 0.50% where it has been since it was boosted from near zero back in December. Expectations now have moved to the two-day meeting on 14/15 June.