Get latest articles and stories on India at LatestLY. During the hearing, West Bengal told the bench that such a situation where the CBI is investigating the cases without State's consent would be in derogation of the federal nature of…
Joe Biden’s illegal immigration crisis is creating serious financial hardships for American citizens in the form of higher mortgage rates, according to the Federal Reserve chairman of Minnesota.
Minneapolis Federal Reserve President Neel Kashkari said that interest rates may remain elevated for an "extended period" this year until policymakers see more evidence of inflation declining.
PAUL OGBUOKIRI reports that the plan by Federal Government and the Nigerian Exchange Limited (NGX) to issue Dollar denominated bond is exciting to some Nigerians. The move is to shore up Nigeria’s foreign reserve (FX) and stabilise the…
On Wednesday, Gold prices rose slightly to $2,288 during the Asian trading session. The uptick was influenced by global investors’ caution regarding the Federal Reserve’s policy meeting and upcoming key economic indicators.
Federal Reserve Chairman Jerome Powell's remarks hint at a more patient and cautious approach to monetary policy, suggesting interest rates may hold steady longer than anticipated
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2…
On Wednesday, the Federal Reserve voted to keep interest rates steady and postponed anticipated rate cuts stemming from elevated inflation across the U.S., which remains above the central bank’s 2% threshold. The Federal reserve’s Federal…
Last night, the Federal Reserve’s decision regarding interest rates was published, which, as expected, remained unchanged at 5.5%. The subsequent press conference by Powell was of particular interest to market participants. According to…
Renowned investor Ray Dalio has lent his voice to the growing concern over the Federal Reserve’s policy decisions. Dalio’s remarks align with those of former U.S. Treasury Secretary Larry Summers, who has been cautioning against potential…
The Federal Reserve acknowledged a recent setback in its inflation fight but said it was more likely to keep interest rates at their current level for longer than to raise them again.
Fed chief Jerome Powell (pictured) said a hike was 'unlikely' but made clear that if inflation continues to move 'sideways' rates will not be coming down.