Former president Jacob Zuma was never going to remain the all-powerful and omnipresent political figure that he thought, writes Pieter du Toit.
The US president has urged the Federal Reserve to lower interest rates to a level typically reserved for recessions or periods of persistently weak growth.
July would have been a worse month for the rand if it weren’t for the Federal Reserve.
Facing persistent pressure from President Trump and financial markets to lower interest rates, the Federal Reserve holds a two-day meeting this week which could lay the groundwork for a rate cut later this year.
President Donald Trump said Saturday that the US dollar is too strong, and took a swipe at Federal Reserve Chairperson Jerome Powell as someone who “likes raising interest rates.”
Federal Reserve Chairman Jerome Powell says that he will not resign if asked to do so by President Donald Trump.
Central bankers from around the world have jumped to the US Federal Reserve’s defence after President Donald Trump accused the central bank of going “loco".
Federal Reserve officials raised interest rates for the second time this year and upgraded their forecast to four total increases in 2018.
The acceleration reinforced the Federal Reserve’s outlook for gradual interest-rate hikes while eroding wage gains that remain relatively tepid despite an 18-year low in unemployment.
When the world’s central bank makes borrowing more expensive, bad things are likely to happen.
The rand led Thursday's retreat among currencies as the dollar headed toward a more than two-year high.
Central banks in sub-Saharan Africa’s key economies will take direction from US Federal Reserve Chairman Jerome Powell when they make calls on interest rates in the next 10 days.
Prices extended their advance above $1 400 an ounce, near the highest level since September 2013, after the Federal Reserve and other central banks turned more dovish on monetary policy.
Stephen Moore drew swift and unusually pointed criticism after President Donald Trump picked him to be a governor of the US Federal Reserve, with at least one prominent Republican economist calling on the Senate to block the appointment.
The US government shutdown risks putting a dent in both the dollar and treasuries if it drags on. A quick resolution could do the same.
Should Trump - as he’s recently discussed with aides, according to Bloomberg News - seek to fire Federal Reserve Chairman Jerome Powell, he’s likely to set off a thorny legal battle, and one he may well lose
The rand's strength was due to greater market certainty after the US Federal Reserve announcing a widely expected interest rate hike, say analysts.
Stocks and currencies in emerging markets extended losses after the Federal Reserve raised interest rates and upgraded its forecast to four hikes in 2018, Bloomberg reported.
The rand lost 0.4% against the dollar on Tuesday morning, as emerging markets awaited the outcomes of meetings by the US Federal Reserve Bank and the European Central Bank.
The Federal Reserve has kept its benchmark interest rate unchanged but noted that inflation is nearing its 2% target rate after years of remaining undesirably low.
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