“This applies to all existing and new Shilling -denominated facilities and excludes fixed-rate credit facilities.” KCB ...

Powell warned that quicker rate cuts could potentially reignite inflation, while a prolonged pause could destabilize the ...

The national inflation rate for the year ending January 2025 remained at 3.1 percent, the same as it was for the year ending ...

On inflation, Powell said personal consumption expenditures (PCE) prices have risen 2.6% over the 12 months ending in ...

Federal Reserve Chair Jerome Powell has told lawmakers the central bank is in no rush to cut interest rates, reaffirming the ...

It is not just tariffs that might affect growth but also trade uncertainty and the effects of the Trump policy agenda ...

Inflation in Nigeria is expected to experience a significant decline in 2025 as the impact of Cen­tral Bank of Nigeria (CBN), reforms continue to drive growth and development in key sectors of the ...

Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...

The Federal Reserve's job is to control inflation, but has little ability to influence one of its biggest drivers, Fed Chair ...

Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...

With less restrictive monetary policy and a continued strong economy, the Federal Reserve will not rush to further reduce ...

The Federal Reserve chair delivers his first semiannual monetary policy report of the 119th Congress, where he is expected to ...