U.S. weighs new fund as backup if more banks fail
The U.S. Federal Reserve and the Federal Deposit Insurance Corp are considering creating a fund to allow regulators…
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U.S. Federal Reserve
Canadian inflation declines to 5.9% in January
Canada’s inflation shows a decline by 5.9 percent in January, according to data released on Tuesday, allowing the…
Oil prices falls amid U.S. Fed interest rate hike concerns
Oil prices fell for third trading session on Wednesday dependent on the U.S. Federal Reserve’s prediction that it…
IMF chief: one third of world economy seen recession in 2023
2023 is going to be tougher on the global economy, International Monetary Fund’s (IMF) chief Kristalina Georgieva…
U.S. Fed raises rates for the seventh time in a row
The U.S. Federal Reserve has on Wednesday increased its interest rates for the seventh time in a row this year,…
Egypt’s annual inflation rate jumps to 16.2% in October – CAPMAS
Egypt’s annual inflation rate witnessed successive increase of 16.2 percent in October from 15 percent last month,…
U.S. Fed raises interest rates again by 75 points to fight inflation
The U.S. Federal Reserve has decided on Wednesday to raise interest rates by 75 basis points for the fourth…
Fed predicts to raise interest rates to 4.6%
The U.S. Federal Reserve (Fed) expected to raise interest rates to 4.6 percent in 2023 before it halts its war…
BREAKING: U.S. Fed fires off another three-quarter point rate hike
The U.S. Federal Reserve (Fed) has on Wednesday lifted its key interest rates by three-quarters of a percentage…
BOE faces critical policy decision with pound reach its lowest level
The Bank of England’s (BOE) governor Andrew Bailey has reiterated his commitment to reining the inflation, but the…