​US Fed sets up AI task force to guide policy

IANS | September 17, 2026 8:41 AM

Washington, Sep 17 (IANS) The US Federal Reserve has established a task force to examine how artificial intelligence could shape the economy and future monetary policy, with its findings expected by the end of the year, Chair Kevin Warsh said.

Trump targets Canadian goods in US contracts amid trade deal row

IANS | September 17, 2026 8:14 AM

Washington, Sep 17 (IANS) President Donald Trump has ordered officials to identify Canadian goods that could be excluded from US federal civilian procurement, accusing Canada of restricting American companies’ access to government contracts while retaining preferential entry to the US market.

U​S Fed raises rates as inflation stays high

IANS | September 17, 2026 7:00 AM

Washington, Sep 17 (IANS) The US Federal Reserve has raised its benchmark interest rate by a quarter of a percentage point to 3.75–4 per cent, with Chair Kevin Warsh saying inflation remains too high and a strengthening economy allows policymakers to focus on restoring price stability.