News

The South African Reserve Bank (SARB) has reduced the repo rate by 25 basis points to 7%. It comes into effect from August 1. This decision was announced ...
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
The two Federal Reserve governors who favored an interest rate cut at the U.S. central bank's policy meeting this week said ...
Trump's next Fed pick is set to be more open to lowering rates, but what that ends up looking like in practice might not be so aggressive or immediate.
The Fed holds rates steady amid strong employment and persistent inflation above 2%. Learn why this cautious approach ...
China's central bank has set up a macroprudential and financial stability committee to help defuse financial risks, it said ...
On one hand, they have been affirmed as safe and sound by members of the Central Bank of Nigeria (CBN)’s Monetary Policy ...
Fed funds futures traders are pricing in a 46% probability of a rate cut by September, down from about 65% a day ago, ...
Trump called the Fed chair "TOO ANGRY, TOO STUPID, & TOO POLITICAL" after the central bank left interest rates unchanged ...
"In support of our goals today, the Federal Open Market Committee decided to leave our policy interest rate unchanged," Federal Reserve Chair Jerome Powell said. "We believe that the current stance of ...
The president wants to get rid of the Fed chair—if the markets will let him. We all have to hope he won’t gamble on that.