OM
Omar Mohammed
@shurufu.bsky.social
A Tanzanian in Massachusetts. Economy and Finance Reporter at Newsweek. A Knight-Bagehot fellow and graduate of Columbia Journalism School. Before: Covered companies and the economy in East Africa for Reuters. Alum of Bloomberg & Quartz.
54 followers40 following13 posts
The Fed today kept interest rates unchanged. Fed chair Jerome Powell said inflation expectations were "well-anchored” but “the process of getting inflation down to 2% has a long way to go.” But are they done hiking rates? Find out in my latest for Newsweek. www.newsweek.com/when-interes...
When Will Interest Rates Drop? New Timeline as Housing Market Struggles
The U.S. Federal Reserve paused interest rates at their current levels but left room to hike depending on the economic conditions.
OM
Omar Mohammed
@shurufu.bsky.social
A Tanzanian in Massachusetts. Economy and Finance Reporter at Newsweek. A Knight-Bagehot fellow and graduate of Columbia Journalism School. Before: Covered companies and the economy in East Africa for Reuters. Alum of Bloomberg & Quartz.
54 followers40 following13 posts