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: US Federal Reserve
US Fed has signalled its time to cut interest rates; Here is what it means for Nigeria’s exchange rate
On Friday, August 23rd, the US Federal Reserve Chair, Jay Powell delivered a much awaited speech at the Jackson Hole ...
Bitcoin posts its best January in ten years, gains 40% within one month
Bitcoin has defied all odds and surged above predictions this month, making January 2023 its best month in a decade.
United States’ Federal Reserve raises interest rate by 0.75%
The Federal Reserve has raised its benchmark interest rates by 75 basis points for the second consecutive month in a ...
Latest US Interest Rate hike ‘will lead to Naira devaluation’ – Experts
The US FED’s hawkish stance to stamp out rising inflation is likely going to cause some trouble for emerging markets ...
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.
Currency traders prepare for interest rate hikes as US dollar hangs on
Investors are bracing up for the US Federal Reserve's meeting in January as expectations are raised it will hold several ...
Gold suffers worst week in 15 months
Gold futures on New York’s Comex settled at $1,769 per ounce on Friday, after declining 0.3 for the day.
Ahead of Fed meeting, Nasdaq closes at record high
On Monday, the Nasdaq Composite hit a new high as investors re-entered growth-oriented firms ahead of a major Federal Reserve ...
Bearish grip as S&P 500 and the Dow plunges
The Dow Jones Industrial Average had its worst day since February.
