Federal Reserve

Fed adds longer-term cash to U.S. banking system

The Federal Reserve on Tuesday injected longer-term cash into the U.S. banking system in an effort to meet the funding…

By Businessam Staff
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Oil rises on expectations of Fed rate cut, another U.S. crude drawdown

Oil prices rose on Tuesday, on track to close at a two-week high, on optimism the U.S. Federal Reserve will…

Trump urges Fed to do more than a ‘small rate cut’

U.S. president Donald Trump on Monday urged the Federal Reserve to go beyond making a “small rate cut” this week,…

Key market themes to watch this week

Domestic market It will certainly be an eventful trading week for the Nigerian markets, with key inflation data in focus.…

Gold edges higher at start of busy week

Gold prices edged higher on Monday, as market players looked ahead to a busy week of economic data, including monthly…

Bank of Japan holds rates, damps down speculations of rate hike in near term

Haruhiko Kuroda, Bank of Japan (BoJ) chief, has damped down speculation that the central bank is preparing the ground for raising…

U.S. household net worth $96.9trn in q3 2017

Rising stock and real estate prices drove U.S. household wealth to $96.9 trillion in the third quarter of this year,…

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