Tag: Fed

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Goldman Sachs now expects three more Fed rate hikes in 2023

Editors Pick

The Business Files Reporter - February 17, 2023

Goldman Sachs said it was expecting the U.S. Federal Reserve to raise interest rates three more times this year by a quarter of a...

Major central banks rekindle rate hike push after dry January

Business

The Business Files Reporter - February 5, 2023

Major central bank interest rates moves were off to a tepid start in January with a single hike by Canada but the pace will...

Oil stable as market awaits Fed, OPEC decisions

Energy

The Business Files Reporter - February 1, 2023

Oil prices were broadly stable as the market is looking towards a meeting of OPEC and its allies as well as a Federal Reserve...

Asian shares touch six-month high, focus firmly on U.S. CPI data

Economy

The Business Files Reporter - January 11, 2023

Asian shares rose to a six-month high on Wednesday while the dollar steadied, as investors waited for U.S. inflation data for cues on the Federal...

Dollar wavers after Fed minutes offer few surprises

Economy

The Business Files Reporter - January 5, 2023

The dollar was roughly flat in choppy trading on Thursday after the release of the latest Federal Reserve minutes. Details of the discussion from the...

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Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

The Business Files Reporter - June 12, 2024

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Energy April 24, 2024 0

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa April 24, 2024 0

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

Business April 18, 2024 0

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Editors Pick April 15, 2024 0

Half of the world's 75 poorest countries are experiencing...

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