What is 'Inflation Targeting'
Inflation targeting is a method used by central banks to maintain stable prices by aiming for a specific inflation rate, ...
Fed’s Bowman Skeptical That Central Bank Still Very Restrictive
Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...
Inflation Worsened in December. What It Means for Fed Rate Cuts.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, and other energy goods and services jumped 2.7% durin ...
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Governor Addison proceeds on terminal leave
Governor of the Bank of Ghana Dr Ernest Addison has proceeded on terminal leave, the central bank announced on Friday Janury 31. More ...
manilatimes48m
Trump gets lower rates but Fed the exception
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
Key Fed Indicator Shows Inflation Rose in December
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.