International rating agency Fitch Ratings has indicated that Nigerian banks are on track to meet the March 2026 recapitalisation deadline set by the Central Bank of Nigeria. This was disclosed in a ...
The potential for prolonged trade war with the United States weighed heavily on the Bank of Canada when it decided to cut its interest rate to three per ...
The US Federal Reserve is in a strong position to weather the “highly uncertain” economic outlook, but its inflation fight will take time to win, a senior US central bank official said Tuesday.
Although improved from a mid-January peak of 7.30%, 30-year refinance rates are still somewhat elevated after plunging in September to 6.01%, a two-year low.
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
The European Central Bank should ease policy only gradually and not target a difficult-to-define "neutral" level for interest rates, Bundesbank President Joachim Nagel said on Wednesday.
Federal Reserve Chair Jerome Powell, appearing for a second day of testimony before Congress, said central bank officials remain in a wait-and-see mode when it comes to deciding where interest rates ...