Dollar jumped high to a two-decade peak on Wednesday as rising global interest rates fed recession worries, …
Fed
-
-
BanksFeatureInternational NewsMoneyNews
BREAKING: U.S. Fed fires off another three-quarter point rate hike
by Yomna Yasserby Yomna YasserThe U.S. Federal Reserve (Fed) has on Wednesday lifted its key interest rates by three-quarters of a …
-
BanksInternational NewsNews
BOE faces critical policy decision with pound reach its lowest level
by Nada Aliby Nada AliThe Bank of England’s (BOE) governor Andrew Bailey has reiterated his commitment to reining the inflation, but …
-
Financial InstitutionsIndustry & TradeInternational NewsMoneyNewsTech/AI
Oil increases over 3% on supply threats
Oil prices increased over 3 percent on Friday supported by real and threatened cuts to supply.
-
Gold prices fell on Tuesday, after posting its biggest drop in a month in the previous session, …
-
Financial InstitutionsMoney
Fed’s Powell may squash idea of negative rates, even as Trump says US would benefit
Federal Reserve Chairman Jerome Powell is expected to strongly oppose the idea of negative interest rates when …
-
The U.S. Federal Reserve will be starting its long-awaited corporate bond programme on Tuesday amid a boom …
-
European markets traded slightly higher Wednesday following the U.S. Federal Reserve’s surprise rate cut on Tuesday.
-
United States President Donald Trump on Tuesday called on the Federal Reserve to cut interest rates significantly, …
-
Financial InstitutionsMoney
Fed keeps rates on hold, points to ‘favorable’ economic outlook next year
The U.S. Federal Reserve held interest rates steady and signaled borrowing costs will not change anytime soon, …