US Federal Reserve slashes interest rates by 0.5% as Nigeria awaits return of foreign investors
On Wednesday, the U.S. Federal Reserve implemented a 0.5% cut to its interest rates, marking the start of what many ...
Tag: Jerome Powell
Naira shows strength, dollar hits two-year low against British Pound
The Naira strengthened against the US dollar during Friday's trading session.
Naira loses key support on ravaging U.S. dollar
Naira falls as increased demand pressures the local currency, while the U.S. dollar index maintains its bullish trend.
Crypto market loses $400 million to liquidations as US policy meeting sparks sell-offs
The crypto industry lost $400 million to liquidation in two days following an important policy meeting the Federal Open Market ...
US Federal Reserve says rate hike is not meant to induce recession
The Federal Reserve Chairman, Jerome Powell indicated on Wednesday that the central bank hopes to prevent a recession.
U.S central bank has no plans to ban Bitcoin or crypto
Jerome Powell, the United States' Federal Reserve Chairman believes regulation of the cryptocurrency market is critical, but the bank has ...
Gold bullish over U.S Federal Reserve Chairman’s stance
Gold started the London session today bullish.
Bearish grip as S&P 500 and the Dow plunges
The Dow Jones Industrial Average had its worst day since February.
Gold prices get some relief amid rising U.S dollar
The precious metal rallied higher at the mid-week trading session as buyers got assurance from the U.S. Federal Reserve.
U.S Government to unveil Crypto nemesis before end of July
Leading financial brands and payments processors are anxiously watching the Fed's push in creating an electronic alternative to cash.
