It is not normal for a society to be this unequal, hence we cannot adopt a standard or even classical approach to the challenges that we encounter, writes Ralph Mathekga.
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.
Investors will be hanging on Jerome Powell's every word this week for clues as to whether the current nervousness gripping emerging markets is justified.
A global stock rally sparked by Federal Reserve Chairman Jerome Powell’s dovish comments continued into Wednesday, though the pace of gains slowed amid lingering trade-war concerns.
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.”
Emerging-market stocks and currencies closed out the first week of 2019 on a high note.
Federal Reserve Chairman Jerome Powell says that he will not resign if asked to do so by President Donald Trump.
US employers added the most workers in 10 months as wage gains accelerated and labour-force participation jumped, reflecting a robust job market that nevertheless faces mounting risks in 2019.
Perhaps the best that can be said of a painful year across financial markets is that there’s room for improvement in 2019.
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
Gold will surge above $1 600 an ounce as the Federal Reserve embarks on a quartet of interest rate cuts to combat slowing US growth and the fallout from the trade war with China, according to BNP Paribas SA.
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.
Gold has resumed its rally above $1 400 an ounce on a cocktail of positive drivers, with weak data feeding expectations for fresh easing from central banks, Treasury yields hitting a two-year low, and new picks for the Fed.
Federal Reserve officials scaled back their projected interest-rate increases this year to zero.
Four Federal Reserve regional chiefs declared that the central bank can take its time to assess market turbulence and risks to the US economy before adjusting monetary policy again.
Fed Chair Powell says he will not resign if asked to do so by President Donald Trump.
The rand broke below the R14/$ mark and weakened as much as R14.69 to the greenback in just the first week of the year.
The Fed is now being widely blamed for fueling financial market instability, it is probably only a matter of time until the European Central Bank finds itself in a similar position, writes Bloomberg columnist Mohamed A. El-Erian.
We need to start thinking about what happens if Trump tries to fire Powell. Short version: It would likely be an absolute mess, says Tim Duy.
US President Donald Trump has discussed firing Federal Reserve Chair Jerome Powell as his frustration with the central bank chief intensified following this week’s interest-rate increase and months of stock-market losses, according to four people familiar with the matter.
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