World · Economy · One outlet · ABC News (AP)
US Federal Reserve officials expect another rate hike this year, minutes show
US Federal Reserve minutes show officials expect another rate hike will be needed this year (ABC News via AP).
Higher US rates strengthen the dollar and raise borrowing costs worldwide.
A stronger dollar can pressure the shilling.
One outlet.
DailyDrop Kenya edition No. 4 · Morning · THU., OCT. 8, 2026