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Thursday, 30 July 2026
Ghana’s news, on the hour · Est. 2026
Thursday, 30 July 2026
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Ghanaian press · Organization

Federal Reserve

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.

2026-05-072026-07-30

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 Federal Reserve holds rates steady amid inflation concerns

The News

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.

13 hours ago · Joy Online

Today

  1. US Federal Reserve holds rates steady amid inflation concerns

    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.

    13 hours ago · Joy Online

Tuesday 28 July

  1. Gold prices fall as strong dollar, Fed outlook weigh

    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

Monday 27 July

  1. US capital goods orders and shipments surge on AI investment

    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

Friday 17 July

  1. Asian stocks fall as chip sector weakens, oil rallies

    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

Tuesday 30 June

  1. US Supreme Court rejects Trump's birthright citizenship restriction

    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

Monday 29 June

  1. US Supreme Court blocks Trump's attempt to fire Fed Governor Lisa Cook

    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

Monday 22 June

  1. Falling gold prices raise concerns over Ghana's economy

    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

  2. IMF warns next decades will be most volatile in economic history

    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

Thursday 18 June

  1. US-Iran peace deal triggers fall in global oil prices

    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

Wednesday 17 June

  1. Oil prices fall 5% to 3-month low on Middle East deal hopes

    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

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