Economists anticipate a significant decision soon. A move to increase rates is expected to counter high inflation. This action would contrast with President Donald Trump's stance. Most analysts foresee a rate hike, although the outcome is not certain.
Further details about the potential change are available. The central bank's goal is to control inflation.
A change in rates could impact the economy, but specific effects are not specified in initial reports.
News
LOS ANGELES (AP) — Prosecutors said Tuesday that they won't pursue the death penalty for Nick Reiner in the killings of his parents, actor-director Rob Reiner and his wife Michele Singer Reiner, who were stabbed at their Los Angeles home late last year. Nick Reiner, 32, was charg...
News
WASHINGTON (AP) — The Trump administration is stripping tens of millions of dollars in U.S. military assistance to countries in Europe and the Middle East to support conservative-leaning governments in Central and South America. The State Department on Tuesday notified Congress t...
business
By DEE-ANN DURBIN AP Business Writer Texture is having a crunchy, gooey moment in the food and beverage industry. For many people, the way a menu item or packaged snack feels in the mouth has become as big a draw as flavor, although consumers don’t always recognize the part textu...
News
UTPB football swept this week’s Lone Star Conference Players of the Week honors. Tight end JT Seagreaves, defensive back Layne Horak and kicker Diego Chavarria were all named to this week’s LSC Players of the Week. Seagreaves caught two touchdowns in the first quarter to set the ...
schools
Distinguished past alumni will be honored during the University of Texas Permian Basin Scholarship Ball set for Oct. 29 at the Odessa Marriott Hotel & Conference Center. The event raises funds for General Scholarship Fund, helping students stay enrolled, complete their degrees, a...
safety
AUSTIN Is your child’s car seat secure? For many Texas families, the answer is no. Motor vehicle crashes remain a leading cause of death for children. Preventing these tragedies starts with parents ensuring their kids are buckled properly in the right car seat for their size and ...
schools
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government
The Rev. Gian C. Villatoro, Ph.D., is a pastor, preacher, and former software engineer who has devoted nearly four decades to Christian ministry. As the founding pastor of Victory Church Odessa since 2016, he said he blends theological expertise with technology to expand the glob...
government
By LINDSAY WHITEHURST The Associated Press WASHINGTON The Supreme Court on Monday rejected President Donald Trump’s bid to restrict mail ballots for the midterm elections, capping a flurry of last-minute legal action with voting already underway. The decision allows states to con...
government
AUSTIN, Texas (KETK) -- Gov. Greg Abbott has ordered the Texas Water Development Board to start penalizing major water users, like data centers, if they haven't complied with water use reporting requirements. According to a statement released by Abbott's office on Monday, the gov...
News
EL PASO, Texas (KTSM) -- A 46-year-old man who was facing the region's first-ever state murder charges in a fentanyl-related case was sentenced to 18 years in prison, according to the El Paso District Attorney's Office on Monday, Sept. 14. Eric Robles was sentenced after pleading...
government
MIDLAND Campaign signs can tell voters a name. Mailers can deliver a message. But on Tuesday, September 15, Midland residents will have an opportunity to hear directly from the people asking for their vote. The Permian Basin Board of REALTORS (PBBOR), 3114 Sunburst Drive, will ho...
