Ghana Minute.
Monday, 15 June 2026
Ghana’s news, on the hour · Est. 2026
Monday, 15 June 2026
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Ghanaian press · Organization

Federal Reserve

Also known as: U.S. Federal Reserve

Federal Reserve — US central bank setting interest rates; Kevin Warsh confirmed as chair in May 2026 succeeding Jerome Powell.

2026-05-072026-06-15

In coverage

Verbatim sentences from the source article.

  1. June 2026
  2. Joy Online

    Higher inflation raises the likelihood of the US Federal Reserve raising interest rates in a bid to curtail spending.

    US inflation surges to three-year high of 4.2%
  3. Joy Online

    Federal Reserve to ​keep interest rates unchanged through 2026 and delay rate cuts until 2027, citing ‌stronger ⁠economic activity and jobs growth.

    Gold extends falls on rising Treasury yields
  4. Joy Online

    The data stoked fresh fears among investors that the Federal Reserve will keep interest rates higher for longer, especially as inflation remains stubborn.

    US stocks slump as fears over Big Tech shake Wall Street
  5. Joy Online

    Federal Reserve, during the financial crisis and COVID-19 in 2008 and 2020, respectively, implemented quantitative easing through large-scale asset purchases.

    The BoG Debate: Using the wrong marking scheme for the right answers
  6. Joy Online

    ho has demonstrated not just willingness but eagerness to use the authorities of government to pursue political retribution.” Pulte has pushed for criminal charges against Trump’s political enemies and sought to help Trump in his effort to remove leadership of the Federal Reserve

    Trump taps housing official Bill Pulte to be US spymaster
  7. Business & Financial Times

    In advanced economies like the United States, the Federal Reserve held its benchmark rate in a range of 3.5 to 3.75 percent at its April 29 meeting against April inflation of 3.8 percent.

    Real interest rate gap widest among single-digit inflation economies in Africa
  8. May 2026
  9. Joy Online

    Traders are also actively looking to price interest rate policy under the new Federal Reserve Chair, Kevin Warsh.

    G7 finance ministers meet in Paris as Strait of Hormuz closure threatens global economy
  10. Joy Online

    Donald Trump’s Federal Reserve chair has been confirmed by the US Senate in a vote that fell largely along party lines.

    Trump’s Fed chair pick Kevin Warsh confirmed by US Senate
  11. Joy Online

    The rise in April’s inflation figure, from 3.3% in March, makes it increasingly unlikely the Federal Reserve will cut interest rates this year.

    US inflation jumps to 3.8% as energy costs surge from Iran war
  12. Joy Online

    Investors now await the monthly U.S. employment report on Friday to see ⁠if ​the U.S. economy remains resilient enough to keep the ​Federal Reserve’s monetary policy on hold.

    Gold gains as dollar weakens; investors focus on US-Iran peace deal prospects
World & Region

US inflation reaches three-year high of 4.2% in May

The News

US inflation rose to 4.2% in May, the fastest pace in three years, driven primarily by rising energy costs amid the US and Israel's war in Iran. The increase from 3.8% the previous month marks the third consecutive monthly rise in the Consumer Price Index.

10 June 2026 · Joy Online

Wednesday 10 June

  1. US inflation reaches three-year high of 4.2% in May

    US inflation rose to 4.2% in May, the fastest pace in three years, driven primarily by rising energy costs amid the US and Israel's war in Iran. The increase from 3.8% the previous month marks the third consecutive monthly rise in the Consumer Price Index.

    10 June 2026 · Joy Online

Tuesday 9 June

  1. Gold prices fall amid rising U.S. Treasury yields

    Spot gold fell 0.2% to $4,319.98 per ounce on Tuesday for a third consecutive session, pressured by rising Treasury yields that increase the opportunity cost of holding bullion, while Middle East tensions and expectations of higher U.S. interest rates weighed on the market.

    9 June 2026 · Joy Online

Sunday 7 June

  1. US tech stocks fall sharply on stronger jobs data

    US stock markets tumbled on Friday as a strong April jobs report sparked fears the Federal Reserve will hold interest rates high longer, with the Nasdaq falling over 4%, S&P 500 down 2.6%, and Dow Jones down 1.35%. Bitcoin and other riskier assets also sold off sharply as investors repositioned away from tech stocks.

    7 June 2026 · Joy Online

Saturday 6 June

  1. Opinion: BoG financial debate obscured by politics

    An opinion piece argues that debate over the Bank of Ghana's published financial reports has become politicized rather than focused on substantive accounting and economic analysis, with critics using standards inconsistently depending on their political position.

    6 June 2026 · Joy Online

Tuesday 2 June

  1. Trump names housing official Bill Pulte acting spy chief

    US President Donald Trump has appointed Bill Pulte, a housing official with no known intelligence background, as acting Director of National Intelligence, overseeing 18 government intelligence agencies. The selection has drawn criticism from lawmakers; Pulte will continue serving as Director of the Federal Housing Finance Agency during this period.

    2 June 2026 · Joy Online

Monday 1 June

  1. Ghana's real interest rate gap among Africa's widest

    Ghana carries one of the widest real interest rate gaps of any single-digit inflation economy in Africa, with a real rate of approximately 10.6 percentage points, which economists say is constraining private sector credit access despite the Bank of Ghana holding its policy rate steady at 14 percent with headline inflation at 3.4 percent in April 2026.

    1 June 2026 · Business & Financial Times

Monday 18 May

  1. G7 finance ministers convene amid Strait of Hormuz closure crisis

    Finance ministers from the Group of Seven are meeting in Paris to coordinate a response to the prolonged closure of the Strait of Hormuz caused by Iran-related conflict, which has disrupted vital oil and gas supplies through the maritime chokepoint that typically handles roughly a fifth of the world's petroleum liquids.

    18 May 2026 · Joy Online

Thursday 14 May

  1. Trump's Federal Reserve chair pick Kevin Warsh confirmed by Senate

    Kevin Warsh was confirmed as chair of the US Federal Reserve by the Senate with 54 votes in favour and 45 against, the narrowest margin for Fed chair confirmation since 1977. Warsh will succeed Jerome Powell and faces pressure from President Trump to lower interest rates despite rising inflation driven by energy costs.

    14 May 2026 · Joy Online

Tuesday 12 May

  1. US inflation hits 3.8% amid energy costs and Iran war

    US consumer prices rose at their fastest rate since May 2023, with April's consumer price index reaching 3.8%, driven by surging energy costs following the impact of the US-Israel war in Iran and disruption to the Strait of Hormuz shipping lane. The rise makes interest rate cuts by the Federal Reserve less likely this year.

    12 May 2026 · Joy Online

Thursday 7 May

  1. Gold rises as dollar weakens amid US-Iran peace deal hopes

    Spot gold rose 0.3% to $4,701.19 per ounce on Thursday, supported by a softer dollar and growing hopes for a US-Iran peace deal. The dollar edged down 0.1% and Treasury yields eased as markets reacted to Iran reviewing a U.S. peace proposal.

    7 May 2026 · Joy Online

Federal Reserve — Ghanaian press coverage · Ghana Minute