Fed lowers interest rates as expected, leaves door open to more cuts
Businessam Staff
July 31, 2019
The Federal Reserve cut interest rates on Wednesday for the first time since 2008, citing concerns about the global economy and muted
Oil rises on expectations of Fed rate cut, another U.S. crude drawdown
Businessam StaffJuly 30, 2019
Oil prices rose on Tuesday, on track to close at a two-week high, on optimism the U.S. Federal Reserve will cut interest rates this
Trump urges Fed to do more than a ‘small rate cut’
Businessam StaffJuly 29, 2019
U.S. president Donald Trump on Monday urged the Federal Reserve to go beyond making a “small rate cut” this week, raising pressure on
Key market themes to watch this week
Businessam StaffMay 14, 2018
Domestic market It will certainly be an eventful trading week for the Nigerian markets, with key inflation data in focus. The
Gold edges higher at start of busy week
Businessam StaffFebruary 12, 2018
Gold prices edged higher on Monday, as market players looked ahead to a busy week of economic data, including monthly inflation
Bank of Japan holds rates, damps down speculations of rate hike in near term
Businessam StaffDecember 21, 2017
Haruhiko Kuroda, Bank of Japan (BoJ) chief, has damped down speculation that the central bank is preparing the ground for raising
U.S. household net worth $96.9trn in q3 2017
Businessam StaffDecember 8, 2017
Rising stock and real estate prices drove U.S. household wealth to $96.9 trillion in the third quarter of this year, a report by the
Watching inflation closely but economy is strong, says US Fed’s Yellen
Businessam StaffOctober 16, 2017
The US economy remains strong and the strength of the labour market calls for continued gradual increases in interest rates despite
WTO upgrades trade forecast for 2017 on resurgent Asian flows
Businessam StaffSeptember 22, 2017
The World Trade Organization (WTO) on Thursday revised upward its forecast for global trade growth in 2017 to 3.6 percent, from the