Strengthening Macroeconomic Stability and Undertaking Reforms to Unlock Private Investment and Jobs Zimbabwe’s economy is projected to rebound strongly in 2025 with an estimated 6.6%GDP growth due to ...

The Economist Intelligence Unit (EIU) has projected that the kwacha will weaken further between 2026 and 2029 in line with ...

In the past, when the U.S. Federal Reserve lowered the benchmark interest rate, the won’s exchange rate against the dollar would decline. Now, this ‘formula’ is not functioning well. The exchange rate ...

This is read by an automated voice. Please report any issues or inconsistencies here. Federal Reserve officials are sharply divided on a December rate cut, with market odds plunging to 50-50 from 94% ...

Fixed income markets now project a 1 in 3 chance that the Federal Open Market Committee elects to cut interest rates on December 10. That’s largely in response to hawkish minutes released on November ...

The Federal Reserve cut interest rates in October for the second time this year, although Chair Jerome Powell said a third cut is ‘not a foregone conclusion.’ WSJ’s Nick Timiraos explains the central ...

(The Center Square) – The Federal Reserve cut interest rates last week, but the decision was far from unanimous. Two members of the Federal Open Market Committee (FOMC) dissented – an unusual ...

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Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed ...

The Federal Reserve on Wednesday cut its benchmark interest rate for the second time this year as it seeks to boost economic activity and rejuvenate the sluggish labor market despite concerns about ...

For the first time that I can remember, the Federal Reserve just made a 25 basis point interest rate cut while essentially flying blind. Ordinarily, when the Fed meets, it has a detailed (and current) ...