US Fed leaves interest rates unchanged despite high inflation
Three officials dissent as the Federal Reserve decides to keep interest rates steady at 3.6 percent.
US Fed leaves interest rates unchanged despite high inflation Read More »
interest rates
Nigeria central bank holds key lending rate at 26.50 percent
Most economists accurately predicted that Nigeria would hold its key interest rate on Wednesday.
Nigeria central bank holds key lending rate at 26.50 percent Read More »
Kenya’s central bank cuts key rate to boost economy
In its sixth consecutive rate cut, the Central Bank of Kenya reduced the benchmark rate to 9.75 percent to stimulate private sector activity.
Kenya’s central bank cuts key rate to boost economy Read More »
South African central bank trims rate as inflation stays subdued
With inflation easing further South Africa’s Reserve Bank reduced its key interest rate by 25 basis points.
South African central bank trims rate as inflation stays subdued Read More »
Fourth consecutive rate cut by Kenya’s central bank
Kenya’s central bank cuts its key rate for the fourth consecutive time to support lending and boost economic growth.
Fourth consecutive rate cut by Kenya’s central bank Read More »
South Africa cuts rates despite mixed data
Despite lower inflation, the South African Reserve Bank took a measured step, lowering rates by 0.25%.
South Africa cuts rates despite mixed data Read More »
West African central bank holds interest rates steady
The Central Bank of West African States (BCEAO) kept its main lending rate unchanged at 3.5% and maintained its inflation forecast for the region at 3.7% for 2024.
West African central bank holds interest rates steady Read More »
Morocco’s growth forecast dips despite rate cut
The move aims to stimulate economic growth, but a decline in farming output could lead to a slowdown.
Morocco’s growth forecast dips despite rate cut Read More »
Nigeria’s central bank aggressively hikes rates to combat inflation
Nigeria’s central bank hikes interest rates to a record 24.75% to battle soaring inflation above 30%.
Nigeria’s central bank aggressively hikes rates to combat inflation Read More »
Investor demand pushes Bitcoin above record $70,000
Fueled by a surge in investor demand and anticipation of lower interest rates, Bitcoin skyrockets to a record high above $70,000.
Investor demand pushes Bitcoin above record $70,000 Read More »