Also known as: U.S. Federal Reserve · Federal Reserve Board of Governors
Federal Reserve — U.S. central bank setting interest rate policy; focus of market attention and political pressure regarding inflation response.
Verbatim sentences from the source article.
Joy Online
The boss of the Federal Reserve said there is no “magic wand” to ease the cost of living for Americans as it held interest rates steady for the fifth time in a row. …
‘No magic wand’ to tackle high prices, Fed boss says as US interest rates heldJoy Online
Gold prices edged lower on Tuesday, pressured by a stronger dollar, while markets looked to the Federal Reserve’s upcoming policy decision for clues on the interest rate outlook. …
Gold slips as firm dollar weighs; focus turns to Fed meetingJoy Online
… A Reuters survey of economists estimated the economy grew at a 2.1% annualized rate last quarter, which would match the first quarter’s pace and fit in with the Federal Reserve’s narrative of resilience. …
US core capital goods orders rise, shipments post largest gain in 4-1/2 years amid AI investment boomJoy Online
… ASSESSING THE FED RATE PATH In currencies, the dollar held steady on Friday and was set to end the week little changed as receding expectations of Federal Reserve rate increases this year were offset by renewed safe-haven demand. …
Stocks stumble, oil set for weekly gain on renewed Gulf hostilitiesJoy Online
… The top U.S. judicial body’s annual term — nine months long — was packed with major rulings, including some big victories for Trump in areas such as presidential powers and immigration as well as losses for him on tariffs, firing a Federal Reserve official and, on Tuesday, birt …
Supreme Court spurns Trump on birthright citizenship, allows transgender sports bansJoy Online
The US Supreme Court has blocked President Donald Trump’s attempt to fire a governor of the US central bank, in a ruling seen as affirming the Federal Reserve’s independence. …
Supreme Court blocks Trump’s attempt to fire Federal Reserve Governor Lisa CookJoy Online
… Recent economic data from the United States have fueled speculation that the Federal Reserve could maintain a tighter monetary policy stance for longer than previously anticipated. …
Falling gold prices raise concerns over Ghana’s economic outlookBusiness & Financial Times
… Federal Reserve raises interest rates, triggering capital outflows from emerging markets. …
Financial Security (FinSec) Series with Dr Philip Takyi: When the world sneezes, Africa catches pneumoniaJoy Online
… Federal Reserve is also increasingly weighing whether it will need to raise interest rates later this year to rein in inflation, which could slow economic growth and suppress oil demand. …
Oil slips again as US, Iran sign peace dealJoy Online
… In the U.S., most global brokerages are betting the Federal Reserve will hold interest rates steady for the rest of 2026, reversing from expectations of two interest rate cuts at the start of the year, as policymakers navigate elevated inflation risks and a resilient labour mark …
Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will openThe US Federal Reserve kept interest rates unchanged between 3.5% and 3.75% for the fifth consecutive time, with Fed chairman Kevin Warsh acknowledging there is no "magic wand" to ease inflation. Policymakers voted 9-3 to hold rates steady as inflation concerns persist, particularly due to Middle East tensions and their potential impact on oil and consumer prices.
12 hours ago · Joy Online →
The US Federal Reserve kept interest rates unchanged between 3.5% and 3.75% for the fifth consecutive time, with Fed chairman Kevin Warsh acknowledging there is no "magic wand" to ease inflation. Policymakers voted 9-3 to hold rates steady as inflation concerns persist, particularly due to Middle East tensions and their potential impact on oil and consumer prices.
12 hours ago · Joy Online →
Spot gold fell 0.5% to $4,056.03 per ounce on Tuesday, pressured by a firmer dollar and attention on the Federal Reserve's policy meeting, with markets assessing the likelihood of interest rate changes in coming months.
28 July 2026 · Joy Online →
New orders for key US-manufactured capital goods increased strongly in June while shipments posted their largest gain in 4½ years as businesses ramped up spending on artificial intelligence. The broad increase in core capital goods orders was powered by robust demand for computers, electronic products, electrical equipment, and appliances.
27 July 2026 · Joy Online →
Asian stocks stumbled Friday on weakness in semiconductor stocks, with investors rotating into banking after strong lender earnings. Oil prices were set for their sharpest weekly rise in three months amid renewed Middle East tensions.
17 July 2026 · Joy Online →
The U.S. Supreme Court rejected President Trump's move to restrict birthright citizenship, ruling that it violates the 14th Amendment's guarantee of citizenship to those born in the United States. The ruling came on the final day of the Court's term, which also saw decisions allowing states to ban transgender student athletes from women's sports teams and striking down campaign finance limits.
30 June 2026 · Joy Online →
In a 5-4 decision, the US Supreme Court has blocked President Trump's effort to remove Federal Reserve Governor Lisa Cook, ruling that the administration had not provided her sufficient "due process" to challenge her removal. The court has sent the matter back to lower courts, where the administration must prove allegations that Cook committed mortgage fraud if it wishes to proceed, and Cook can contest the accusation.
29 June 2026 · Joy Online →
Global gold prices have declined by nearly eight percent over the past month, drawing concern from policymakers and analysts over potential impacts on Ghana's export earnings, foreign exchange inflows, and fiscal outlook. The decline is attributed to expectations of higher US interest rates, a stronger US dollar, and reduced demand for defensive assets as investors reassess market conditions.
22 June 2026 · Joy Online →
IMF Managing Director Kristalina Georgieva has warned that the global economy may never return to past stability, with economic disruptions, geopolitical conflicts, and financial instability becoming recurring features. The world faces growing uncertainty from supply chain breakdowns, inflation, trade disputes, cyber threats, climate disasters, and geopolitical conflicts, including Middle East tensions affecting energy markets.
22 June 2026 · Business & Financial Times →
Oil prices fell after the U.S. and Iran signed an interim agreement to end the Iran war, reopen the Strait of Hormuz, and waive U.S. sanctions on Tehran's oil. Brent crude futures dropped 1.12% to $78.66 a barrel and U.S. West Texas Intermediate fell 1.28% to $75.81 a barrel as markets priced in a faster-than-expected return of Iranian barrels.
18 June 2026 · Joy Online →
Brent crude fell 5.1% to $78.96 a barrel and U.S. WTI fell 5.8% to $76.05 on Tuesday, reaching their lowest levels since March, as details emerged of an interim deal to end the Middle East war and reopen the Strait of Hormuz, including an agreement allowing Iran to sell oil.
17 June 2026 · Joy Online →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →