Our currency is pegged to the South African rand, so any impact on the rand will directly affect us,' the governor said.

Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...

Since assuming office in September 2023, Governor Olayemi Cardoso has implemented several bold monetary policy reforms aimed ...

Powell warned that quicker rate cuts could potentially reignite inflation, while a prolonged pause could destabilize the ...

The national inflation rate for the year ending January 2025 remained at 3.1 percent, the same as it was for the year ending ...

Last week the rate was cut from 4.75% to 4.5% with the prevailing wisdom suggesting that the threat of a return to higher ...

Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...

The Federal Reserve chair delivers his first semiannual monetary policy report of the 119th Congress, where he is expected to ...

Fed chair gave senators little fresh guidance on rate path, but sought to clarify Fed’s relationship with Trump ...

Federal Reserve Chair Jerome Powell said Tuesday that the US central bank was in no hurry to adjust its interest rate-cut ...

Federal Reserve chair Jay Powell is quizzed by members of Congress about interest rates, the outlook for the economy and the ...