Experian reports on what may be behind an increase in consumer personal debt including credit card, auto loan and mortgage payments.
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
The Central Bank of Nigeria (CBN) is alone in its perception that Nigeria’s surging inflation is fueled by excess liquidity. CBN has inauspiciously pushed the monetary policy rate (MPR), the nation’s benchmark lending rate to a record 24.75 per cent, while banks cash reserve ratio (CRR) stands menacingly at 45 per cent in a […]
All eyes will once again turn to the Federal Reserve this week as they meet to discuss the next steps with interest rates and economic policy. Specifically, will they raise rates above their current 23-year high? Or will they keep them steady following a series of disappointing inflation reports at the start of 2024? After all, rate cuts that seemed promising at the beginning of the year now seem off the table, possibly for the rest of the year. And while the Fed doesn't directly dictate rates...
BestColleges reports on the growing number of women leading business schools.
Asian markets mostly rose Tuesday, with hopes for earnings this week from tech titans helping to offset worries about the Federal Reserve's interest rate plans ahead of the release of key US growth and inflation data.The apparent easing of Iran-Israel tensions after the rivals launched missile attacks against each other continued to weigh on oil prices, while the yen inched slightly higher as Japan again warned authorities had the room to intervene to support the currency.Investors are a little...
The Guardian US is entering the race for political ad dollars.
Once eradicated in the United States, measles is making a comeback. According to the CDC, cases have been reported in at least 17 states, including Louisiana.
Once eradicated in the United States, measles is making a comeback. According to the CDC, cases have been reported in at least 17 states, including Louisiana.
The Centre for the Promotion of Private Enterprise has said that the fluctuating exchange rate has adversely affected container traffic, causing a slowdown in momentum and tempo in the country’s ports. Speaking during a live radio programme recently, the Chief Executive Officer of CPPE, Dr Muda Yusuf, urged the government to ensure stability in the Read More
The Central Bank of Nigeria, CBN, yesterday for the second time in two months, slashed the exchange rate in the Bureaux De Change, BDC, segment of the forex market by 7.2 per cent or N81.2 to N1,036.3 per dollar even as it commenced another round of dollar sale to 1,583 eligible BDCs.
Federal Reserve policymakers have been obsessed with when they may safely lower interest rates to avoid a recession without impeding the path to 2% inflation.