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Federal Reserve set to raise rates as Powell era begins

The Federal Reserve began its two-day policy meeting Tuesday which is expected to produce the first of at least three increases in the key interest rate this year. With economic forces gathering that are likely to fuel inflation in 2018, the central bank could raise the benchmark...

Israeli army detains 15 Palestinians in West Bank

Israeli forces have rounded up 15 Palestinians in overnight raids across the Israeli-occupied West Bank, according to the Israeli military on Monday. The individuals were arrested for "suspected involvement in popular terrorist activities," the army said in a statement without giving...

US Fed to raise rates with trade tensions on horizon

WASHINGTON (AFP) -  The Federal Reserve this week will fire the opening salvo in a series of interest rate hikes this year, hoping to get out in front of an expected pickup in inflation. The first rate hike of the year is overwhelmingly predicted by futures markets, analysts and...