Cutting the key central bank rate is expected to lower the cost of borrowing as commercial lenders use it as a base onto which they load their margins and risk profile of individuals when ...

The peso may weaken further in 2025 and 2026, settling slightly above the government’s foreign exchange rate assumptions, as the US Federal Reserve might take a slower approach to monetary policy ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to maintaining ...

THE PESO-DOLLAR exchange rate could breach the government’s assumptions from this year to 2026 amid expectations of slower rate cuts by the US Federal Reserve, the Bangko Sentral ng Pilipinas (BSP) ...

IN RECENT YEARS, the Philippines has experienced a sharp rise in inflation and fluctuating exchange rates. The peso depreciated by 10.5% against the US dollar in 2022, briefly recovered with a 1% ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has emphasized the need for sustained vigilance and a ...

After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.

By Arize Nwobu Central banks are at the heart of the economy and they evolve monetary policies to keep a nation’s currency and economy stable. But it has been observed that central banks are often ...

Central bank lowers its policy rate to 3%, warns Canadian economy’s resilience ‘would be tested’ in trade war with United ...

Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...

The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards ...

US Treasury Secretary Scott Bessent is pushing for new universal tariffs on US imports to start at 2.5% and rise gradually, per the Financial Times. However, Trump said he wants tariffs much larger ...