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The Federal Reserve wants to see more progress in quelling inflation before cutting interest rates.

Federal Reserve Chairman Jerome Powell said Tuesday that his confidence has weakened that inflation is under control.

LAGOS – Analysts have expressed apprehension that debt service payments accounted for 69.7% of total Central Bank of Nigeria (CBN) international payments in Q1-24, which caused huge drawdowns on the FX reserves witnessed in the near-recent…

Elon Musk has drawn an intriguing comparison between the Federal Reserve and the rules of the game Monopoly, suggesting that the Federal Reserve operates in a similar manner to the game's bankruptcy rules.

Dallas Innovates, Every Day: Here's what's new + next in North Texas.

Now that the central bank has transformed the financial system, novel policies are hard to scrap.

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.

Some Lenders Extend Troubled Loans To Buy Time Until Rate Cuts To Refinance at Lower Costs

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…

World markets dipped in Thursday trading after US stocks swung to a mixed finish with the Fed sticking to current interest rates

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…