Tag: Interest Rates

Treasury Secretary Janet Yellen, an experienced and renowned American economist, and the former Chair of the US Federal Reserve, is now heading the US Treasury Department and is focused on increasing the debt ceiling. Meanwhile, IBM, one of the leading tech companies in the world, launched solutions to help manage the pandemic logistics and AI-driven tools. As of May 2nd, the Reserve Bank of Australia raised the benchmark interest rate to 3.85%, even though the inflation rate had been decreasing.