Shock for UK as Bank of England halves its economic growth prediction
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...
gna1h
Inflation-targeted monetary policy has not yielded desired outcomes — MP for Nhyiaeso
Osei Accra, Feb 12, GNA – Dr Stephen Amoah, the Member of Parliament for Nhyiaeso, said the Bank of Ghana’s (BoG) strategic technique of ...
India's inflation cools to lower-than-expected 4.31% in January
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...
Zambia Lifts Interest Rate by Half-Point to Fight Inflation
Zambia’s central bank raised its key interest rate by a half percentage point to its highest level in more than eight years ...
The Star3h
Banks rush to comply with new CBK order to cut lending rates
“This applies to all existing and new Shilling -denominated facilities and excludes fixed-rate credit facilities.” KCB ...
The Financial Express4h
US Fed chair Powell to speak at Congress today – Check time and where to watch
Powell warned that quicker rate cuts could potentially reignite inflation, while a prolonged pause could destabilize the ...
Powell Urges Patience on Rate Cuts. He Speaks With the House Next.
Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...
Why The Fed Is Mostly Powerless To Lower Housing Inflation
The Federal Reserve's job is to control inflation, but has little ability to influence one of its biggest drivers, Fed Chair ...
Pensions&Investments17h
Fed in no hurry to adjust rates, Powell says
With less restrictive monetary policy and a continued strong economy, the Federal Reserve will not rush to further reduce ...
American Banker17h
Powell makes first visit to Capital Hill under Trump 2.0
The Federal Reserve chair delivers his first semiannual monetary policy report of the 119th Congress, where he is expected to ...
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...
'We do not need to be in a hurry': Powell reiterates cautious Fed rate stance with US lawmakers
Fed Chair Jerome Powell told lawmakers Tuesday that the Fed is not in a hurry to adjust interest rates, reiterating a cautious stance as central bank policymakers digest signs of stubborn inflation ...