The Federal Reserve has raised the federal funds rate for the third time this year, from 1.25 to 1.5 percent. The rate hike is principally based on the expectation from the Fed that the economy will improve next year, and additional rate hikes are expected in 2018.
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Daily Archives: December 13, 2017
NAWRB Builds Longstanding Relationships Across the Globe
(Click on photos for nearly 2 hours of videos from ICOGAS 2017.)
Imagine the synergy of having a female President and five First Ladies across two continents come together with the mission to help women and girls. On the morning of September 21, 2017, New York City’s hustle and bustle perfectly matched the excitement at the 2017 International Conference on Gender and Sustainability (ICOGAS).On the margins of the 72nd U.N. General Assembly, and in this incredible setting, the Hilton in Midtown Manhattan witnessed the collaboration and camaraderie of leading global strategists, academics, CEOs and international leaders to generate actionable gender equality and women’s economic sustainability solutions.
Among leaders were Ameenah Gurib, President of Mauritius, and First Ladies Reema Carmona of Trinidad and Tobago, Sandra Granger of Guyana, Lorena Castillo de Varela of Panama, Roman Tesfaye of Ethiopia and Dominique Ouattara of the Ivory Coast. To have these leaders united at one event under a common goal ensured through power and dedication that the issues and questions raised during the conference did not fall on deaf ears.
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Small Business Optimism Highest Since 1983
According to the NFIB Small Business Optimism Index, small business optimism reached a level of 107.5 in November 2017, a hike from 103.8 a month before and a level that hasn’t been reached since 1983. Moreover, eight of the 10 components NFIB measures as part of the index also increased; notably, “Expected Better Business Conditions” had a 16-point gain, and “Sales Expectations” rose by 13 points.