BUSINESS NEWS - Although economists were positive when the South African Reserve Bank (Sarb) started cutting the repo rate in ...
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
The MPC is now like a war room girding for Trump’s trade wars, which it sees possibly knocking the rand to R21/dlr and fanning the flames of inflation again.
SARB Governor Lesetja Kganyago said four members of the Monetary Policy Committee (MPC) preferred this action, while two ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...
The Fed maintained the rates at 4.25-4.50%, citing a strong labor market and elevated inflation. Financial markets reacted ...
Fed leaves interest rates unchanged, with Powell offering little on inflation or employment amid uncertainty over Trump's economic policies.
-- The yield on the 30-year Treasury BX:TMUBMUSD30Y dipped 2.2 basis points to 4.757%. The benchmark 10-year Treasury yield is hovering just above a six-week low around 4.50% as investors continue to ...
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
Brazil's central bank raised its benchmark interest rate by 100 basis points for the second straight meeting on Wednesday and signaled another hike of that size in March, leaving the door open for ...