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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

US FEDERAL RESERVE

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World

US Fed chair won’t resign if Trump demands

  US Federal Reserve Chairman Jerome Powell has said he will not resign if asked to by incoming President Donald Trump. He was speaking after the Fed dropped interest rates by another quarter of a percentage point. As Nick Harper reports from Washington.  

todayNovember 8, 2024 15

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Business / Economics

INTERVIEW: Business and Economics Researcher Josef Sheehama on Interest Rate Cuts

    In the midst of heated debates and mixed emotions surrounding the potential for a Federal Reserve interest rate cut, Business and Economics Researcher Josef Sheehama provides insightful analysis on the matter. Sheehama notes that current economic indicators suggest a favorable environment for a rate cut. "If we look at the current inflation trends, we see that inflation is starting to cool off, with some prices beginning to decline. […]

todayJuly 29, 2024 25

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Business / Economics

Stocks track record day on Wall St, dollar extends losses

  Equity markets rallied Thursday and the dollar extended losses after the US Federal Reserve indicated it would begin cutting interest rates next year. The surge across the region tracked a record-breaking day on Wall Street, where traders cheered a much-sought-after dovish pivot from the central bank as US inflation comes down. After more than a year of hiking, decision-makers at their last meeting of the year acknowledged that they […]

todayDecember 14, 2023 4

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