IMF: Risks higher in an early Fed rate hike
US Federal Reserve
Washington - Arab Today
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An early interest rate hike by the US Federal Reserve would involve higher risks than would waiting for a bit longer, the chief economist of the International Monetary Fund told AFP. "I'm not sure that the risks of acting are gigantic, but they're certainly higher," said Maurice Obstfeld, adding: "If for any reasons the Fed had to reverse that first interest rate increase, markets would interpret it as a big deal." |
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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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