Import surge seen curbing US economic growth in fourth quarter
U.S. economic growth likely slowed in the fourth quarter as imports surged and a strike at Boeing hurt spending on aircraft, ...
Dollar index stays mildly supported after Fed decision to hold rates
The US dollar index regained some momentum although still trailing below 108 mark following Federal Reserve decision to hold interest rates steady. The Federal Reserve unanimously decided to hold ...
South African Central Bank Set to Turn More Hawkish as it Cuts Rates
The South African Reserve Bank is set to lower borrowing costs by another frugal 25 basis points on Thursday while warning that uncertainty around US monetary and trade policies may hinder future cuts ...
Fed pivot at standstill but battlelines drawn between Powell and Trump. What it means for investors
The US Federal Reserve kept interest rates steady at 4.25%-4.5%, halting rate cuts after a 100 basis point reduction since September. Market expectations for a rate cut have shifted to June. Fed Chair ...