Tag: Fed

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Goldman Sachs now expects three more Fed rate hikes in 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

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

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

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

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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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

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

Ghana has finalised a pact with its official creditor...

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

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

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