Since assuming office in September 2023, Governor Olayemi Cardoso has implemented several bold monetary policy reforms aimed ...
According to official data released on Wednesday, consumer price index-based inflation eased to 4.31% in January from 5.22% ...
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The Star Worldwide (English) on MSNBanks rush to comply with new CBK order to cut lending rates“This applies to all existing and new Shilling -denominated facilities and excludes fixed-rate credit facilities.” KCB ...
The national inflation rate for the year ending January 2025 remained at 3.1 percent, the same as it was for the year ending ...
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...
Bank of England policymaker Megan Greene on Wednesday advocated a cautious approach to cutting interest rates, and said it was looking increasingly likely that policy would need keep leaning against ...
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...
On inflation, Powell said personal consumption expenditures (PCE) prices have risen 2.6% over the 12 months ending in ...
It is not just tariffs that might affect growth but also trade uncertainty and the effects of the Trump policy agenda ...
United Commercial Bank PLC (UCB) held its 506th board meeting on Tuesday. Sharif Zahir, chairman of UCB, presided over the ...
Powell warned that quicker rate cuts could potentially reignite inflation, while a prolonged pause could destabilize the ...
The House Financial Services Committee will hold a hearing Wednesday morning on “The Federal Reserve’s Semi-Annual Monetary Policy Report.” ...
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