US central bankers are divided over the near-term risk of inflation and disagree over the timing of interest rate hikes into next year, minutes of the last Federal Reserve meeting showed Wednesday....
US stocks finished mostly higher Friday, bucking the trend in most global equity markets as worries about tightening monetary policy pressured sentiment. The Dow and S&P 500 ended modestly higher,...
Wall Street stocks took a hit Tuesday as a key vote on President Donald Trump's health care reform was delayed, while the euro rallied following upbeat comments from European Central Bank chief Mario...
The Bank of Ghana’s Monetary Policy Rate (MPR) has been lowered by 350 basis points from 26% in January to 22.5%. This is the rate at which commercial banks borrow from the central bank on...
Central Banks use monetary policy rates as the benchmark for charging interest on loans and advances to commercial banks. Whenever a commercial bank has a temporary shortage of funds it usually...
The US Federal Reserve raised its benchmark interest rate by a quarter point to 1.0-1.25% on Wednesday and signaled another increase remains likely this year, despite the recent spate of weak...
The interest charged by banks and other lending financial institutions on loans and advances to individuals and corporate clients, has consistently declined over the past five months. According to...
Economist, Dr. Ebo Turkson has predicted of dire implications on interest and exchange rates should inflation rise in May. According to him, this will have a negative impact on businesses and the...
Ghana Statistical Service (GSS) is expected to announce the consumer price inflation for the month of May 2017 in the coming days. The year-on year inflation rate measured by the CPI with 2012 as the...
The US Federal Reserve was due to begin a two-day review of monetary policy on Tuesday, with the second interest rate increase of 2017 seen as a near certain result. Any increase, however, would come...
For the second time this year, the US central bank appears poised to raise interest rates despite fresh signs the world's largest economy is not in peak condition. The recent soft numbers on the...
All things being equal, inflation will decline further to 11.2 per cent by the end of 2017, the Institute of Statistical, Social and Economic Research (ISSER) has revealed, in tandem with...
India's central bank held interest rates in line with analysts' expectations on Wednesday, rebuffing the finance ministry's desire for a cut after India's growth slowed. The Reserve Bank of India...
The Bank of Ghana (BoG)’s medium term inflation target could be attained should government tackle challenges facing the supply of critical services in the country. This is the position of...
FirstBanC Financial Services Ltd (FirstBanC), is expecting the reduction in policy rate from 23.5 to 22.5 percent to further boost Ghana’s economic growth. The Monetary Policy Committee of the Bank...
US central bank policymakers want to see proof the country's economic slowdown is temporary before they raise interest rates, according to minutes of their latest meeting. They said it would be...
US central bankers say the time will "soon" be right to once more raise the key lending rate, according to the minutes of the last Federal Reserve meeting released Wednesday. Monetary policymakers...
The Private Enterprise Federation has lauded the move by the Bank of Ghana to reduce the MPC rate by 100 basis points although they admit that a further reduction would have had a greater impact on...
The Bank of Ghana (BoG) has cut its benchmark interest rate by 100 basis points from 23.5 to 22.5 percent, citing a downward trend in inflation towards medium term targets. The BoG has set eight plus...
The Monetary Policy Committee of the Bank of Ghana has reduced the monetary policy rate from the previous 23.5 per cent to 22.5 per cent. The rate has, therefore, been reduced by 100 basis points....
