Trump wants both lower interest rates and tariffs. Here’s how that could backfire.
Economists say tariffs will make it harder for the Fed to lower interest rates — unless the U.S. economy enters a recession.
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IMF Africa boss hails Uganda on economic recovery
The International Monetary Fund (IMF) executive director of Africa Group III, Regis O. N'Sonde, has congratulated Uganda on the good performance of the economy and recovering from internal and ...
Fed’s Policy Review Will Focus on Lessons from Post-Pandemic Economy
Rep. Frank Lucas, a Republican from Oklahoma, asked Powell about the issues that the Fed will be examining during its ...
The Observer7h
It’s official: Dr Michael Atingi-Ego is the new governor of Bank of Uganda
After serving three years in an acting capacity, Dr Michael Atingi-Ego has officially been appointed as the governor of the ...
USD/CHF holds steady above 0.9100, US CPI data in focus
The USD/CHF pair trades on a flat note around 0.9130 during the early European trading hours on Wednesday. Traders await ...
With the CFPB Being Dismantled, Who's Policing The Big Banks?
With the government's consumer watchdog agency off the job on the orders of President Donald Trump, Democratic lawmakers are ...
Why The Fed Is Mostly Powerless To Lower Housing Inflation
The Federal Reserve's job is to control inflation, but has little ability to influence one of its biggest drivers, Fed Chair ...
Manila Bulletin23h
Economists expect BSP will cut key interest rates to revive growth
Economists believe the Bangko Sentral ng Pilipinas (BSP) will cut borrowing rates by 25 basis points (bps) as early as its ...
Clevelend Fed Hammack discusses economic outlook and monetary policy
Investing.com -- Federal Reserve Bank of Cleveland President and CEO, Beth Hammack, delivered a speech at the University of Kentucky Gatton College of Business and Economics Economics Outlook ...
MPC rate cut as a growth enabler
The policy space arising out of the rate cut coupled with credit uptake and prudent fiscal operation would help in evolving ...
tbsnews1d
No investment growth projected for FY25, yet BB expects inflation to shrink to 5% by next year
There will be no investment growth this year, as macroeconomic stability has yet to be achieved, and the uncertain political situation will negatively impact investment. Still, the central bank aims ...
RBI’s first rate cut in five years is small but can be effective
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.