The exchange rate gap between the official and parallel markets has narrowed to just N2 per dollar as investors poured $1.31 ...

Federal Reserve Gov. Christopher Waller on Thursday called for the central bank to cut interest rates in July. Waller said ...

Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait ...

Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the ...

The exchange rate of the US dollar in the Nigerian Foreign Exchange Market (NFEM) and the black market has dropped against the Nigerian currency.

A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data showing ongoing resilience in the US economy and other central bankers ...

Another cut to the Official Cash Rate next month is looking a lot more likely as inflation tracks lower than anticipated.

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...

Waller also said he thought the Fed’s short-term rate, which is at 5.4%, the highest in 22 years, is likely high enough to keep inflation headed down to the central bank’s 2% target.

The Reserve Bank of New Zealand released CPI inflation data today, which showed that New Zealand inflation lifted further in ...

Federal Reserve Chair Jerome Powell said the central bank will leave its benchmark interest rate unchanged, adding that the Fed believes its policy rate is “likely at or near its peak.” Photo ...