- by foxnews
- 16 Sep 2025
The Federal Reserve lightly tapped the brakes on its high-speed interest rate rises on Wednesday following news that suggested two years of runaway inflation may be slowing down in the US.
Powell made clear that there would be more rate rises next year and the Fed expects inflation to remain elevated in 2023.
The central bank has been raising rates at a pace unseen in decades as it fights to tamp down a cost of living crisis that saw inflation rise to a four-decade high of 9.1% in June.
Air France has announced multiple flight cancellations affecting key routes across major airports in Europe and the United States. Passengers traveling from Charles de Gaulle/Roissy Airport in Paris (France) to Amsterdam Schiphol Airport (Netherlands), Newark Liberty International Airport (USA) to Paris, and several other domestic flights within France, including from Paris Orly Airport to Nice Cote d’Azur and Toulouse-Blagnac, are among those impacted. These cancellations come as part of a broader disruption, leaving passengers with the option to reroute, request refunds, or receive assistance, depending on the circumstances.
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