Interest Rates

Global stock markets surged ahead of the US election and Federal Reserve decision, with oil prices rallying after OPEC+ extended supply cuts.

South Africa’s central bank maintains interest rates ahead of President

South Africa’s central bank warns of a bumpy road ahead for controlling inflation, acknowledging slower progress than expected in bringing inflation down to its target range. The bank is keeping …

Nigeria is gearing up for another substantial rate hike as part of its aggressive measures to combat soaring inflation levels. The impending move reflects the government’s determination to rein in …

Nigeria’s central bank has increased the interest rates on short-term debt obligations in a bid to attract foreign investors and stabilize the naira, the country’s currency. The Abuja-based Central Bank …

South Africa’s retail sector, which has been struggling with low consumer spending and high inflation, could see some relief in the second half of 2024 as interest rates are expected …

Egypt’s central bank kept its key interest rates unchanged on Thursday, citing a slowdown in economic growth and a moderation in inflation.   The Monetary Policy Committee (MPC) decided to …

The U.S. dollar weakened on Monday as investors digested the cautious comments from Federal Reserve Chair Jerome Powell, who signaled that the central bank may be nearing the end of …

Zambia’s central bank is expected to hike its policy rate for the third time this year on Wednesday, November 22, 2023, as the country grapples with a sharp depreciation of …

The South African rand gained against the dollar on Tuesday, as global risk appetite improved amid signs that the U.S. Federal Reserve may stop raising interest rates soon. The rand …