Fed Signals Open To Rate Pauses; US-Taiwan Trade Deal | Horizons Middle East & Africa 1/16/2025
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Several Fed officials signal a willingness to pause rate cuts at their next meeting, citing a US labor market that appears to be stabilizing as well as lingering inflation pressures; the US and Taiwan strike a trade deal that lowers tariffs on goods from the island to 15% and ramps up chip investment in America; Adnoc mulls investing in Venezuela as the energy giant looks to build out its global natural gas business; plus, we look into how a solar boom in rural Nigeria is transforming local
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