The United States Federal Reserve Vice Chair, Richard Clarida, has indicated that the nation’s economy is nearly ready for the central bank to pull back on its stimulus even he projected that the high inflation may soon begin to subside. The Fed had last month signaled it would “soon” be ready to begin the process […]
The European Central Bank (ECB) on Thursday disclosed that it was slowing down some of its massive emergency pandemic support for the Eurozone economy as business activities and consumer spending in the 19 member-countries begin gradual rebound from the COVID-19-spurred recession. The bank stated that it could conduct its bond purchase stimulus at “a moderately […]
The Governor of Central Bank of Ghana, Ernest Addison, on Tuesday expressed concern that the current global policy tightening cycle could cause “significant challenges” for Ghana after the nation cut its key lending rate to a four-year low. Ghana’s Monetary Policy Committee had cut its policy rate by 900 basis points over the past two […]