… Federal Reserve to keep interest rates unchanged through 2026 and delay rate cuts until 2027, citing stronger economic activity and jobs growth. …
… The data stoked fresh fears among investors that the Federal Reserve will keep interest rates higher for longer, especially as inflation remains stubborn. …
… Federal Reserve, during the financial crisis and COVID-19 in 2008 and 2020, respectively, implemented quantitative easing through large-scale asset purchases. …
… 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 …
… 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. …
… 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. …
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.