The hawkish tone of the Reserve Bank governor and the Monetary Policy Committee does not bode well for the repo rate in 2025.
The Fed maintained the rates at 4.25-4.50%, citing a strong labor market and elevated inflation. Financial markets reacted ...
The value of the naira was once again strong against the dollar in both the official and unofficial foreign exchange markets ...
In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to ...
The RBI had, in its monetary policy review on December 6, slashed the cash reserve ratio (CRR) for banks by 0.5 per cent to ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
In a statement, CBK Governor Dr. Kamau Thugge, who is also the Chairman of the Monetary Policy Committee (MPC), welcomed the new MPC members following their appointment on November 22, 2024.
The Federal Reserve's monetary policy group is expected to hold rates steady, but the chairman will face a litany of ...
JOHANNESBURG - The South African Reserve Bank (SARB)'s monetary policy committee said it remained concerned about the ...