Responding to signs of slowing economic activity and easing inflation pressures, the Federal Reserve shifted its monetary stance in 2025 by starting to cut interest rates. At its December meeting, the ...
As was widely expected, the U.S. Federal Reserve has lowered interest rates by 25-basis points and signaled that further monetary policy easing is likely in coming months. The rate cut was announced ...
The National Bureau of Statistics (NBS) yesterday reported that headline inflation recorded a sharp decline of 196 basis points to 16.05 per cent in October, strengthening the clamour for further ...