Tag: Inflation
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Warsh’s Fed Debut Rattles Markets, Nine Officials Eye Rate Hike
The Federal Reserve held rates unchanged Wednesday as new Chairman Kevin Warsh dropped forward guidance and shortened the policy statement, pushing stocks lower in...
Strait of Hormuz Reopening Won’t End Oil Turmoil
About 500 oil tankers remain stranded near the Strait of Hormuz, and clearing them could take three months even though Washington and Tehran say...
Kasapreko Lists as Ghana Stocks Rank Second in Africa
Ghana's stock market ranked second in Africa for returns this year, with its benchmark index up 63.67 percent as investors fleeing Treasury bills drove...
World Bank Sees Ghana Growth Slowing as Conflict Lifts Prices
Ghana's economy is set to slow to 4.8 percent growth this year as the Middle East conflict drives up fuel and fertilizer costs worldwide,...
Kenya Private Sector Shrinks for Third Straight Month
Kenya's private sector contracted for a third straight month in May as higher fuel prices and inflation squeezed demand, with the Stanbic Bank PMI...
