Federal funds rate

Headlines

US Fed Raises Key Interest Rate To 1.0-1.25%, Signals One More Hike

The US Federal Reserve raised its benchmark interest rate by a quarter point to 1.0-1.25% on Wednesday and signaled...

Headlines

India’s Central Bank Keeps Rates At 6.25 Percent

India's central bank held interest rates in line with analysts' expectations on Wednesday, rebuffing the finance...

Headlines

New Rate Hike Likely Appropriate ‘soon’

US central bankers say the time will "soon" be right to once more raise the key lending rate, according to the minutes...

Headlines

US Federal Reserve Keeps Key Lending Rate Unchanged

The US Federal Reserve on Wednesday made no change in the benchmark interest rate and downplayed recent weak economic...

Headlines

Yellen Warns Fed’s Independence Under Threat

The US central bank's shield from political interference is "under some threat" from Congress, a prospect that could...

Headlines

US Fed Official Favors 4 Interest Rate Hikes This Year

A US central banker said on Wednesday he favors four increases in the key interest rate this year, one more than...

Headlines

US Fed Raises Benchmark Interest Rate A Quarter Point

The US Federal Reserve on Wednesday raised the benchmark interest rate a quarter point, noting that inflation is moving...

International

Asian Stocks Mark Time, Waiting For Clearer View On U.S. Rates

Asian stocks consolidated recent gains on Wednesday before a U. S. central bank policy meeting that could signal how...

Business

Government Must Cut Expenditure To Reduce Interest Rates – Ken Thompson

Government will have to cut down its expenditure significantly if the Ghanaian banking sector is to see a reduction in...

Top Stories

Gov’t Must Cut Expenditure To Reduce Interest Rates

Government will have to cut down its expenditure significantly if the Ghanaian banking sector is to see a reduction in...

Headlines

US Fed Begins Meet With Rate Hike On the Cards

The US Federal Reserve began a two-day meeting on Tuesday, having signalled it is likely to raise the benchmark...

International

At the Fed, Spring Comes Early With Return To New ‘normal’

U. S. household wealth has hit record levels. U.S. stock prices recently hit all-time highs. Inflation is nearing the...

Headlines

Sooner Than Expected, US Fed Feels Its Time To Hike

The US Federal Reserve this week is poised to raise its benchmark interest rate amid burgeoning job growth and a surge...

International

Markets In ‘no Doubt’ On US Rate Rise

Traders see it as almost "inevitable" the US Federal Reserve will raise its benchmark interest rate on Wednesday after...

Headlines

March Rate Hike Could Be Appropriate

Federal Reserve Chair Janet Yellen said Friday another interest rate increase could be "appropriate" later this month...

International

Global Stocks Off Highs, Dollar Edges Lower As Fed Rate Rise Looms

The dollar retreated on Friday after two days of gains while world stocks pulled further back from all-time highs as...

International

Asian Shares Advance, Dollar Supported By March Rate Hike Bets

Asian shares rose on Thursday as investors were encouraged by President Donald Trump's measured tone in his first...

Business

Negative Return On Oil Cash Investment

IT has emerged that the performance of the Ghana Petroleum Funds’ portfolios declined in the second of 2016. In an...

International

Wall Street Stands With Two Fed-Hike Outlook For 2017

Wall Street's top banks expect just two rate hikes from the Federal Reserve this year and see only modest risk to the...